Clear Spring Life ClearFlex Fixed Indexed Annuity – Balanced Growth with Flexibility and Protection
Flexible Retirement Growth with Built-In Protection
At Diversified Insurance Brokers, we specialize in helping individuals create retirement strategies that balance market growth potential with principal protection. The Clear Spring Life ClearFlex Fixed Indexed Annuity is built for those seeking market participation, tax-deferred growth, and flexible access to their funds without risking the safety of their principal.
Whether you’re planning ahead or preparing to roll over retirement funds, ClearFlex offers a secure foundation for long-term financial confidence.
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Index Crediting Options That Align with Market Opportunities
ClearFlex provides policyholders access to multiple crediting strategies tied to well-known market indices, including:
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S&P 500 Index
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S&P MARC 5% Index
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BNP Paribas Technology Balanced 7 Index
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S&P 500 Sector Rotator Daily RC2 5% Index
These crediting methods allow for market-linked interest without exposing your original premium to losses. Gains are locked in annually, and all growth benefits from tax-deferred compounding, which means more potential earnings over time without yearly taxation.
Access Liquidity Without Surrender Charges
Beginning in the second contract year, ClearFlex allows penalty-free withdrawals of up to 10% of your contract value each year. This provides flexibility for planned expenses or unexpected needs without reducing your account with surrender fees.
Additionally, the Nursing Home and Terminal Illness Waivers provide full access to funds in the event of a qualifying health condition—giving you peace of mind during life’s most challenging moments.
Market Value Adjustment (MVA) for Fair Valuation
The ClearFlex Annuity includes a Market Value Adjustment (MVA) provision. This feature adjusts the contract value based on current market interest rates if you make early withdrawals during the surrender period. While this can work for or against you depending on rate movements, it ensures a fair market-based valuation and is a common feature in modern indexed annuities. Request a personalized annuity quote on our annuity request form.
Legacy Protection and Estate Benefits
In the event of your passing, ClearFlex provides a full accumulation value death benefit to your beneficiaries—ensuring your loved ones receive the full benefit of your retirement planning without surrender charges.
Who Is a Good Fit for ClearFlex?
This annuity is ideal for:
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Pre-retirees and retirees seeking protection with upside potential
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Clients rolling over IRA or 401(k) funds
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Individuals needing annual access to income without penalty
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Families wanting full-value legacy benefits
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Investors looking for diversified index options without market loss exposure
With financial strength from Clear Spring Life and features designed for today’s retirement landscape, ClearFlex stands out as a modern, flexible solution.
Talk to an Advisor or Request Your Annuity Quote
Ready to explore this annuity in more detail—or compare it with other carriers to see if even higher rates are available? With guaranteed income, principal protection, and long-term growth potential on the line, making the right choice is essential. The experienced advisors at Diversified Insurance Brokers will guide you through the options and design a strategy tailored to your retirement goals.
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FAQs: Clear Spring Life ClearFlex Annuity
What is the Clear Spring Life ClearFlex Annuity?
ClearFlex is an annuity contract offered by Clear Spring Life that provides fixed or fixed-indexed interest crediting, principal protection, and the flexibility to use the accumulation for retirement income or withdrawals under defined contract conditions.
How does interest or growth crediting work?
You may allocate your premium to a fixed-interest account or choose from index-linked crediting options. If you select an index-linked option, interest credits are determined via caps, participation rates, or similar index-crediting formulas. Your funds are not directly invested in the market — only the crediting formula references index performance.
Is my principal protected from market declines?
Yes. Because ClearFlex is structured as a fixed or fixed-indexed annuity, your accumulation value (principal plus credited interest) is protected. Negative index performance simply results in no credited interest for that period — it does not reduce your existing value, absent withdrawals or surrender under contract terms.
Can I access funds before maturity or income payout?
Many versions allow limited free withdrawals after a waiting period (often after the first contract year), up to a specified percentage of account value. Early withdrawals beyond that limit, or surrendering the contract early, may result in surrender charges or reduced benefits.
What happens if I surrender or withdraw early?
Early surrender or withdrawals beyond allowed free-withdrawals can incur surrender charges, reduce credited interest or future benefit guarantees, and decrease the account value. Liquidating before the contract term ends may erode the intended benefit.
Does ClearFlex offer payout or lifetime income options?
Depending on the contract version or any riders selected, ClearFlex may offer options to convert accumulation value into structured payouts or lifetime income. Evaluate payout terms and any fees carefully before choosing this path.
How are earnings and distributions taxed?
Earnings inside the annuity grow tax-deferred. When you take withdrawals or begin income payments, the taxable portion is generally taxed as ordinary income. Distributions before age 59½ may also trigger additional tax penalties under IRS rules, depending on your situation.
Who might ClearFlex be a good fit for?
ClearFlex may suit individuals who seek principal protection, want potential index-linked growth without direct market exposure, and prefer a contract-based approach to retirement savings. It can work well for those comfortable with a medium- to long-term horizon and limited short-term liquidity needs. Consider it alongside other annuity and retirement strategies in our top annuity rates overview.
What should I review carefully before committing?
Before purchasing, review the crediting method (fixed vs index), surrender-charge schedule, free-withdrawal allowances, liquidity constraints, any optional riders or fees, and whether the payout or withdrawal options align with your long-term goals and timeline.
About the Author:
Jason Stolz, CLTC, CRPC, is a senior insurance and retirement professional with more than two decades of real-world experience helping individuals, families, and business owners protect their income, assets, and long-term financial stability. As a long-time partner of the nationally licensed independent agency Diversified Insurance Brokers, Jason provides trusted guidance across multiple specialties—including fixed and indexed annuities, long-term care planning, personal and business disability insurance, life insurance solutions, and short-term health coverage. Diversified Insurance Brokers maintains active contracts with over 100 highly rated insurance carriers, ensuring clients have access to a broad and competitive marketplace.
His practical, education-first approach has earned recognition in publications such as VoyageATL, highlighting his commitment to financial clarity and client-focused planning. Drawing on deep product knowledge and years of hands-on field experience, Jason helps clients evaluate carriers, compare strategies, and build retirement and protection plans that are both secure and cost-efficient.
