Fixed index annuity review and rates
Total Value Annuity
The Security Benefit Total Value Annuity is a flexible premium deferred fixed index annuity with premium bonus and ten available interest crediting options.
Available in states:
AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 1-Year Fixed Account |
Fixed
|
2.75%
Fixed
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
4%
Cap
|
| 1-Year S&P 500 LV DRC 5% TR PTP Spread |
Point to Point
Annual
|
2.75%
Spread
|
| 2-Year S&P 500 LV DRC 5% TR PTP Spread |
Point to Point
Biennial
|
1.25%
Spread
|
| 1-Year S&P MARC 5% ER PTP Spread |
Point to Point
Annual
|
1.5%
Spread
|
| 2-Year S&P MARC 5% ER PTP Spread |
Point to Point
Biennial
|
|
| 1-Year BNP Paribas HD PTP Spread |
Point to Point
Annual
|
2.75%
Spread
|
| 2-Year BNP Paribas HD PTP Spread |
Point to Point
Biennial
|
1%
Spread
|
| 5-Year Annuity Linked TVI PTP Spread |
Point to Point
5-Year
|
0.5%
Spread
|
| 5-Year Guggenheim Blended PTP Spread |
Point to Point
5-Year
|
1.25%
Spread
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Penalty | 12% | 12% | 11% | 11% | 10% | 9% | 8% | 7% | 6% | 4% |
Security Benefit Life Insurance Company
Founded:
1892
A.M. Best:
A-
Fitch:
A-
S&P:
A-
Brochure
Free withdrawal
1st year: 0%
2nd+ year: 10%
2nd+ year: 10%
Premium bonus
8%
Surrender schedule
10 years
Return of premium
Market value adjustment
Minimum contribution
$25,000
Types of funds
Non-Qualified, IRA, Spousal IRA, IRA Rollover, SEP IRA, IRA-Roth, Inherited IRA, NQ Stretch, and TSP