Fixed index annuity review and rates

Teton Bonus 7 (Most States)

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: 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

Surrender schedule

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