AuguStar Retirement’s Orbiter Growth FIA adds new layer of protection with EGAP

CINCINNATI, April 22, 2025 /PRNewswire/ — In a significant move to broaden its reach with bank and broker-dealers, AuguStar^® Retirement, a Constellation company, introduces more innovative enhancements to the Orbiter^® family of fixed indexed annuities (FIA). The introduction of the new tiered Enhanced Guaranteed Accumulation Protection (EGAP) option for Orbiter Growth provides a unique feature designed for guaranteed growth potential.

“EGAP for the popular Orbiter Growth FIA is a game changer for financial professionals within banks and broker-dealers,” says Marc Socol, AuguStar Retirement chief revenue officer. “This option is particularly of interest for clients at or nearing retirement and looking to weather market volatility. Adding the EGAP option offers a guaranteed simple interest rate of return every year for the client’s contract term.”

Orbiter Growth and Income annuities are launching five new index options offered in partnership with MerQube, a pioneer in technology for next generation index-linked investing. The full index lineup aims to provide increased diversification through state-of-the-art intraday technology, offering the potential for improved risk-adjusted performance.

“Our commitment to providing institutions with access to some of the most innovative and secure retirement solutions on the market is reflected in the design of the Orbiter Growth annuity,” Socol continued. “This, and other recent product enhancements and distribution expansion efforts are cornerstones to our diversification and growth strategy, offering greater flexibility to financial professionals and their clients.”

Source: www.prnewswire.com