Vega 10 (Variation States)
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Vega is one of the brightest stars and is a reliable point in an ever-changing night sky. The SILAC Vega Series is a comprehensive fixed index annuity focused on the accumulation of retirement benefits. The benefit value that automatically comes with all Vega FIAs offers multiple income options, growth, and an enhanced legacy benefit to navigate retirement.
Available in states:
CO, DE, ID, IN, MD, MA, MO, NV, SC, and TX
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 1-Year Barclays Atlas 5 Boost Spread |
Boost
Annual
|
0.25%
Spread
|
| 1-Year S&P 500 RavenPack AI PTP Boost Spread |
Boost
Annual
|
0.25%
Spread
|
| 1-Year Nasdaq Generations 5 Boost Spread |
Boost
Annual
|
0.25%
Spread
|
| 1-Year Fixed Account |
Fixed
|
2.25%
Fixed
|
| 1-Year Fixed Account (TX Only) |
Fixed
|
2.25%
Fixed
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
4.75%
Cap
|
| 1-Year S&P 500 PTP Participation Rate |
Point to Point
Annual
|
27%
Participation
|
| 1-Year S&P 500 PTP Monthly Sum Cap |
Point to Point
Annual
Monthly sum
|
1.65%
Cap
|
| 1-Year S&P 500 PTP Monthly Average Participation Rate |
Point to Point
Annual
Monthly average
|
50%
Participation
|
| 1-Year Barclays Atlas 5 PTP Participation Rate |
Point to Point
Annual
|
102%
Participation
|
| 1-Year S&P 500 RavenPack AI PTP Participation Rate |
Point to Point
Annual
|
107%
Participation
|
| 1-Year Nasdaq Generations 5 PTP Participation Rate |
Point to Point
Annual
|
105%
Participation
|
| 1-Year S&P 500 Duo Swift PTP Participation Rate |
Point to Point
Annual
|
40%
Participation
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Penalty | 9% | 8% | 8% | 7% | 6% | 5% | 4% | 3% | 2% | 1% |
Riders
| Name | Inbuilt | Fee |
|---|---|---|
| Vega 10 with Level Lifetime Withdrawal Benefit | Yes | |
| Vega 10 with Increasing Lifetime Withdrawal Benefit | Yes |