Denali 7 (Most States)
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Highlights
SILAC Denali Series takes you on a new retirement journey. It provides guarantees where you need guarantees and flexibility where you need flexibility.
Available in states:
AL, AZ, AR, CT, DC, FL, GA, HI, IL, IA, KS, KY, LA, ME, MI, MS, NE, NH, NM, NC, ND, OK, RI, SD, TN, VT, VA, WV, WI, and WY
Type
|
Fixed Index
|
---|---|
Term
|
7 Years |
Surrender schedule
|
12%12%11%10%9%7%4% |
Free withdrawal
|
1st year: 0% 2nd+ year: 5% |
Market value adjustment
|
|
Return of premium
|
|
Minimum contribution
|
$10,000 |
Types of funds
|
Non-Qualified, 401k, IRA, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, IRA-Roth, 1035 Exchange, Stretch IRA, and TSP |
Brochure
|
Open brochure |
Allocation Accounts
Name | Type | Rates |
---|---|---|
1-Year Barclays Atlas 5 Boost Spread |
Boost
Annual
|
4.5%
Spread
|
1-Year S&P 500 RavenPack AI PTP Boost Spread |
Boost
Annual
|
4.75%
Spread
|
1-Year Nasdaq Generations 5 Boost Spread |
Boost
Annual
|
4.5%
Spread
|
1-Year Fixed Account |
Fixed
|
4.75%
Fixed
|
1-Year S&P 500 PTP Monthly Average Participation Rate |
Point to Point
Annual
Monthly average
|
110%
Participation
|
1-Year Barclays Atlas 5 PTP Participation Rate |
Point to Point
Annual
|
212%
Participation
|
1-Year S&P 500 PTP Monthly Sum Cap |
Point to Point
Annual
Monthly sum
|
3%
Cap
|
1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
9.25%
Cap
|
1-Year S&P 500 PTP Participation Rate |
Point to Point
Annual
|
62%
Participation
|
1-Year S&P 500 RavenPack AI PTP Participation Rate |
Point to Point
Annual
|
225%
Participation
|
1-Year Nasdaq Generations 5 PTP Participation Rate |
Point to Point
Annual
|
217%
Participation
|
1-Year S&P 500 Duo Swift PTP Participation Rate |
Point to Point
Annual
|
80%
Participation
|
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 |