AuguStar Retirement Enhances Annuity Offering with New Premium Bonuses and Index Options

AuguStar® Retirement, part of the Constellation company, has recently unveiled new features for its OrionShieldSM annuities aimed at enhancing growth potential for clients through the Independent Marketing Organization (IMO) distribution channel. This announcement marks a significant enhancement in the annuities market, particularly with the introduction of a new tiered premium bonus structure in the OrionShield 10-year fixed indexed annuity (FIA). Clients now have the option to receive up to a 24% premium bonus on their initial investment, a move specifically designed to cater to the often overlooked age group of 81-85.

Additionally, AuguStar has introduced a revamped lineup of index options, including the debut of options developed in partnership with MerQube, a leader in next-generation index-linked investing. This strategic partnership aims to offer more diversified investment opportunities and targeted volatility levels that enhance risk-adjusted returns and respond more promptly to market fluctuations. These enhancements position OrionShield as one of the most competitive products in the annuity sector, setting new benchmarks for performance and flexibility in financial products designed for retirement planning.