OneUp™ - 5 year fixed indexed annuity

Credited up to 60% of the S&P® growth with principal protection

Get the best of both worlds for your retirement money: enjoy index-linked growth opportunities with zero risk of principal loss when held through the 5 year term.

Get credited up to 60% of the growth of the S&P 500®1

Guaranteed interest rate of 1% annually (5% over the index strategy term)2

No hidden fees or commissions

A- (excellent) financial strength rating of insurance company by AM Best

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Smart growth meets peace of mind

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100% principal protection

Your initial investment is fully protected, plus you’ll be credited a guaranteed 1% annually over five years.

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Greater growth for your retirement savings

With tax deferral and the opportunity for growth by tracking the S&P® 500, your retirement savings have an opportunity for greater growth.

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No fees or commissions

By buying annuities directly, there are no hidden fees or commissions, putting higher returns back in your hands.

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See what Gainbridge® customers have to say.

Market participation without market worry

How to start saving

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Click get started

Start our secure and fast enrollment process.

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Enter your information

Enter basic information about yourself and finish the application in as little as 5 minutes.

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Watch your money grow

You can fund your annuity by a checking or savings account, check, or qualified transfer (typically an IRA, 401(k) or 1035 exchange).

OneUp™ FIA disclosures & summaries

Product SummaryProduct Summary for New Jersey Residents

Frequently asked questions

What is a fixed index annuity?

Fixed indexed annuities provide  growth potential linked to a market index while protecting your principal from market losses. It offers the potential for higher growth potential than traditional fixed annuities while still maintaining downside protection.

Is a fixed index annuity right for me?

A fixed index annuity might be right for you if you want greater potential for growth than a traditional fixed annuity while still protecting your principal. With a fixed index annuity your interest is linked to a market index, such as the S&P 500, the Nasdaq 100 or the Dow Jones Industrial Average, subject to a cap. This creates the potential for more growth if the index performs well—and conversely offers protection from loss due to poor index performance. Although your annuity’s interest is tied to the index's performance, your money is not directly invested in the market. This means that if the index your annuity is tied to doesn’t perform well, your annuity doesn’t lose its value due to market volatility.

How does a fixed index annuity differ from a regular fixed annuity?

While both protect your principal, traditional fixed annuities offer a fixed interest rate for the entire term, while OneUp™ offers growth potential tied to the performance of the S&P 500. At the end of the 5 year index term strategy, your account can be credited up to 60% of the performance of the S&P 500 measured from the beginning to the end of the index term strategy. Traditional fixed annuities provide fixed interest but OneUp™ provides both the potential for higher growth and downside protection. And, with OneUp if the index does not perform well, you will never lose your premium and still be credited a guaranteed interest rate of 1% annually. The guaranteed interest rate is declared at the beginning of each index strategy term.

What are the benefits of OneUp™?

OneUp™ offers several benefits, including:

  • A guaranteed minimum interest rate of 1% annually. The guaranteed interest rate is declared at the beginning of the index term strategy
  • Crediting potential of up to 60% of the growth of the S&P 500®
  • Principal protection from market downturns
  • Tax-deferred growth
  • Flexible withdrawal strategies (however, a withdrawal will reduce your contract value and your principal is no longer protected)

What are the potential drawbacks of OneUp™?

Here are some things to consider:

  • Limited Access: You may have to pay a surrender charge if you need to withdraw your money early.
  • Capped Returns: The amount credited to your account may be limited, even if the market does really well.

What happens if the market goes down?

Your principal is 100% protected even if the market declines. If the index performs negatively during your term, you’ll still receive your guaranteed interest rate of 1% annually (5% over the 5 year index stategy term) . You can never lose money due to market performance.

How does the OneUp™ Fixed Index Annuity work?

OneUp™ works through a combination of guaranteed growth and market-linked performance:

  • Principal Protection: 100% of your initial investment is protected from market downturns so long as you do not take a withdrawal
  • Dual growth structure: Your money grows through both an annual guaranteed interest credit and potential index-linked interest credits based on a well known market index which is applied at the end of the index strategy term
  • Tax-Deferred Growth: Any interest earned is not taxed until you withdraw it, allowing your money to compound more efficiently
  • Accessibility: You can withdraw up to 5% of your contract value annually without withdrawal charges, however, you may be subject to a federal tax penalty if under the age of 59 1/2

The value of your annuity will never decrease due to market performance, giving you both growth opportunity and peace of mind.

How is interest credited to my OneUp ™ annuity?

Interest is credited to your OneUp™ annuity through two distinct mechanisms:

Guaranteed interest credits:

  • A fixed 1% interest rate credit is applied to your contract value annually.
  • This interest rate credit occurs regardless of market performance
  • Credits are applied at the end of each contract year
  • This ensures a minimum 5% credit over the 5-year contract term


Index interest credits:

  • Additional interest may be credited based on the performance of the S&P 500 index
  • Index credits are calculated at the end of your 5 year index strategy term and are measured from the beginning of the term to the end.
  • If the S&P 500 index has positive performance from the beginning to the end of the index strategy term, you receive an interest credit proportional to that growth
  • If the index performance is negative, no index interest is credited, but your principal is protected from market performance

This dual crediting approach provides you with guaranteed growth while also allowing you to benefit from positive market performance.

What is the crediting strategy for OneUp™, including the cap?

OneUp™ uses a point-to-point crediting strategy with a 60% cap:

  • Point-to-Point Measurement: The strategy compares the S&P 500 index value at the beginning of your policy to its value at the end of the policy, 5 years later.
  • Participation Rate: OneUp™ offers a 100% participation rate, meaning you receive the full percentage of index growth up to the cap
  • Maximum Growth Potential: This structure creates an opportunity to earn up to [40%] over the 5-year term
  • Minimum Guarantee: Even if the S&P 500 performs poorly throughout the entire term, you'll still receive your guaranteed 5% return (1% per annum)

For example:

  • If the S&P 500 increases by 12% in 5 years, your index interest credit would be 12% (full participation up to the cap)
  • If the S&P 500 increases by 68% in 5 years, your index interest credit would be 60% (capped)
  • If the S&P 500 decreases by 10% in 5 years, your index interest credit would be 0%, but you still receive your 5% guaranteed interest credit (guaranteed minimum)

This crediting strategy balances upside potential with downside protection, making OneUp™ an attractive option for retirement savers seeking growth with security.