4.6
based on complex data
Annuity Educator Rating
Annuity review
Denali 10 (CA Only)
The Denali 10 Annuity is an excellent option for retirees in California. This product guarantees a steady income for life, making your golden years a lot more comfortable.
Denali 10 offers great flexibility, security, and higher returns than traditional savings accounts. An easy way to enjoy a stress-free retirement!
Denali 10 (CA Only)
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About Product
Type
Fixed Index
Purpose
Lifetime Income
Term
10 Years
Surrender schedule
8.1%
7.25%
6.35%
5.5%
4.6%
3.7%
2.75%
1.85%
0.9%
0.5%
Fee withdrawal:
5%
Market Value Adjustment
Yes
Return Of Premium
No
Minimum Contribution
$10,000
Maximum Contribution
$1,000,000
Max Age Qualified
85
Types Of Funds
Non-Qualified, 401k, IRA, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, IRA-Roth, 1035 Exchange, Stretch IRA, and TSP
Launch Date
06/08/2020
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:
CA
Allocation Accounts
Name | Type | Rates |
---|---|---|
1-Year Barclays Atlas 5 PTP Boost Spread |
Boost
Annual
|
3%
Spread
|
1-Year Nasdaq Generations 5 PTP Boost Spread |
Boost
Annual
|
3%
Spread
|
1-Year S&P 500 RavenPack AI PTP Boost Spread |
Boost
Annual
|
3.25%
Spread
|
1-Year Fixed Account |
Fixed
|
3.75%
Fixed
|
1-Year Nasdaq Generations 5 PTP Participation Rate |
Point to Point
Annual
|
175%
Participation
|
1-Year S&P 500 PTP Monthly Average Participation Rate |
Point to Point
Annual
Monthly average
|
87%
Participation
|
1-Year Barclays Atlas 5 PTP Participation Rate |
Point to Point
Annual
|
170%
Participation
|
1-Year S&P 500 PTP Monthly Sum Cap |
Point to Point
Annual
Monthly sum
|
2.35%
Cap
|
1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
7.5%
Cap
|
1-Year S&P 500 PTP Participation Rate |
Point to Point
Annual
|
47%
Participation
|
1-Year S&P 500 RavenPack AI PTP Participation Rate |
Point to Point
Annual
|
180%
Participation
|
1-Year S&P 500 Duo Swift PTP Participation Rate |
Point to Point
Annual
|
65%
Participation
|
Surrender schedule
Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
---|---|---|---|---|---|---|---|---|---|---|
Penalty | 8% | 7% | 6% | 6% | 5% | 4% | 3% | 2% | 1% | 1% |
Riders
Name | Inbuilt | Fee |
---|---|---|
Denali with Lifetime Withdrawal Benefit | Yes |
Waivers
No Waivers for Denali 10 (CA Only) annuity.
Premium Notes
Minimum Premium
- $10,000 Qualified and Non-Qualified
- Additional premiums allowed 1st 12 months. (Minimum Additional Premium: $2,000). Additional premiums accepted as both, Lump Sum or Periodic payments.
Note: we take TSP as a rollover to IRA.
Withdrawal Provisions
Free WithdrawalsIn the 1st Policy Year, Required Minimum Distributions can be withdrawn. After the 1st Policy Year, up to 5% of the Account Value or RMD can be withdrawn. One non-systematic free withdrawal allowed per year.
Company Founded: 1935
Average Rated
Company
Company Ratings
4.7
- A.M. Best B
- Comdex 32
Assets: $10,393,472,750
Utah