Fixed index annuity review and rates

Denali 7 (Most States)

SILAC Denali Series takes you on a new retirement journey. It provides guarantees where you need guarantees and flexibility where you need flexibility.

Inherited IRAs with a date of death in 2019 or earlier will not be allowed on the Denali line.
Available in states: AL, AZ, AR, CO, CT, DC, FL, GA, IL, IN, IA, KS, KY, LA, ME, MI, MS, NE, NH, NM, NC, ND, OK, RI, SD, TN, VT, WV, WI, and WY

Allocation Accounts

Name Type Rates

Surrender schedule

Year 1 2 3 4 5 6 7
Penalty 12% 12% 11% 10% 9% 7% 4%

Riders

Name Inbuilt Fee
Denali with Lifetime Withdrawal Benefit Yes None
SILAC Insurance Company
Founded: 1935
A.M. Best: B+
S&P: B+
Carrier details
Free withdrawal
1st year: 0%
2nd+ year: 5%
Surrender schedule
7 years
Return of premium
Market value adjustment
Minimum contribution
$10,000
Types of funds
Non-Qualified, 401k, IRA, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, IRA-Roth, SIMPLE IRA, Stretch IRA, Inherited IRA, and TSP