Fixed index annuity review and rates

Teton Bonus 10 (Most States)

Equitable's Teton Bonus annuity series is a Modified Single Premium Fixed Indexed Deferred Annuity series. It's intended for a client seeking a long-term retirement savings vehicle. Different Withdrawal Charge Periods are available for you to choose from.

Inherited IRAs will be allowed on Teton with the following conditions:
When the beneficiary is younger than the decedent, maximum issue age of 65
When the beneficiary is older than the decedent, the maximum age at death is 65

Barclays Atlas 5 Boost/Spread - Spread decreases your interest rate. Your interest credit will never be less than zero.
The boost increases your interest credit.
Available in states: AL, AZ, AR, CO, DC, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MI, MS, NE, NH, NM, NC, ND, OK, RI, SD, TN, VT, VA, WV, WI, and WY

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
2% Fixed
1-Year S&P 500 PTP Monthly Average Participation Rate
Point to Point
Annual
Monthly average
40% Participation
1-Year S&P 500 PTP Monthly Sum Cap
Point to Point
Annual
Monthly sum
1.75% Cap
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
22% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
4.25% Cap
1-Year Nasdaq Generations 5 PTP Participation Rate
Point to Point
Annual
90% Participation
1-Year Nasdaq Generations 5 PTP Spread
Point to Point
Annual
0.5% Spread
1-Year Credit Suisse RavenPack PTP Participation Rate
Point to Point
Annual
90% Participation
1-Year Credit Suisse RavenPack PTP Spread
Point to Point
Annual
0.5% Spread
1-Year Barclays Atlas 5 PTP Participation Rate
Point to Point
Annual
87% Participation
1-Year Barclays Atlas 5 PTP Spread
Point to Point
Annual
0.75% Spread

Surrender schedule

Year 1 2 3 4 5 6 7 8 9 10
Penalty 12% 12% 11% 10% 9% 8% 7% 6% 4% 2%
SILAC Insurance Company
Founded: 1935
A.M. Best: B+
S&P: B+
Carrier details
Free withdrawal
1st year: 0%
2nd+ year: 5%
Premium bonus
8%
Surrender schedule
10 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