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-
Carrier details
Free withdrawal
1st year: 0%
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