Denali 14 (CA Only)
Get an annuity today!
Learn how an annuity can provide guaranteed income for life.
Highlights
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
|
Type
|
Fixed Index |
|---|---|
| Purpose | Lifetime Income |
|
Term
|
14 Years |
|
Surrender schedule
|
11%10.3%9.2%8.9%7.8%6.7%6.25%5%4.5%3.3%2.7%1.3%0.7%0.5% |
|
Free withdrawal
|
1st year: 0% 2nd+ year: 5% |
|
Market value adjustment
|
|
|
Return of premium
|
|
|
Launch date
|
06/08/2020 |
|
Minimum contribution
|
$10,000 |
|
Maximum contribution
|
$1,000,000 |
|
Max Age Qualified
|
56 |
|
Types of funds
|
Non-Qualified, 401k, IRA, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, IRA-Roth, 1035 Exchange, Stretch IRA, and TSP |
Brochure
|
Open brochure |
Find out if the Denali 14 (CA Only) is the right product for you.
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 Withdrawals
In the 1st Policy Year, Required Minimum Distributions can be withdrawn. After the 1st Policy Year, up to 5% of the Account Value or RMD can be withdrawn.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.
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 1-Year Barclays Atlas 5 PTP Boost Spread |
Boost
Annual
|
4.25%
Spread
|
| 1-Year S&P 500 RavenPack AI PTP Boost Spread |
Boost
Annual
|
4.5%
Spread
|
| 1-Year Nasdaq Generations 5 PTP Boost Spread |
Boost
Annual
|
4.25%
Spread
|
| 1-Year Fixed Account |
Fixed
|
4%
Fixed
|
| 1-Year S&P 500 PTP Monthly Average Participation Rate |
Point to Point
Annual
Monthly average
|
105%
Participation
|
| 1-Year Barclays Atlas 5 PTP Participation Rate |
Point to Point
Annual
|
205%
Participation
|
| 1-Year S&P 500 PTP Monthly Sum Cap |
Point to Point
Annual
Monthly sum
|
3%
Cap
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
9.25%
Cap
|
| 1-Year S&P 500 PTP Participation Rate |
Point to Point
Annual
|
60%
Participation
|
| 1-Year S&P 500 RavenPack AI PTP Participation Rate |
Point to Point
Annual
|
220%
Participation
|
| 1-Year Nasdaq Generations 5 PTP Participation Rate |
Point to Point
Annual
|
210%
Participation
|
| 1-Year S&P 500 Duo Swift PTP Participation Rate |
Point to Point
Annual
|
75%
Participation
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Penalty | 11% | 10% | 9% | 9% | 8% | 7% | 6% | 5% | 5% | 3% | 3% | 1% | 1% | 1% |
Riders
| Name | Inbuilt | Fee |
|---|---|---|
| Denali 14 with Lifetime Withdrawal Benefit | Yes |
Waivers
No Waivers for Denali 14 (CA Only) annuity.
Ready to Protect Your Financial Future?
Request a free quote or talk to our financial expert to get help