Fixed index annuity review and rates

Teton Bonus 7 (CA Only)

The Teton Bonus series allows you to add an additional premium for the first policy year. Premium bonuses will also apply to all premiums. All additional premiums will automatically be applied to the fixed interest strategy and can be reallocated at the end of the first year.

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 Spread/Boost - Spread decreases your interest rate. Your interest credit will never be less than zero.
The boost increases your interest credit.
Available in states: CA

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
1.5% Fixed
1-Year Nasdaq Generations 5 PTP Spread
Point to Point
Annual
1-Year Nasdaq Generations 5 PTP Participation Rate
Point to Point
Annual
100% Participation
1-Year Credit Suisse RavenPack PTP Participation Rate
Point to Point
Annual
100% Participation
1-Year Credit Suisse RavenPack PTP Spread
Point to Point
Annual
1-Year S&P 500 PTP Monthly Average Participation Rate
Point to Point
Annual
Monthly average
35% Participation
1-Year S&P 500 PTP Monthly Sum Cap
Point to Point
Annual
Monthly sum
1.5% Cap
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
20% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
4.5% Cap
1-Year Barclays Atlas 5 PTP Participation Rate
Point to Point
Annual
95% Participation
1-Year Barclays Atlas 5 PTP Spread
Point to Point
Annual
0.25% Spread

Surrender schedule

Year 1 2 3 4 5 6 7
Penalty 9% 8% 7% 6% 5% 4% 3%
SILAC Insurance Company
Founded: 1935
A.M. Best: B+
S&P: B+
Carrier details
Free withdrawal
7%
Premium bonus
6%
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