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Denali 7 (CA Only)

The Denali 7 Annuity, exclusive to Californians, is a dependable option for stable retirement income. It comes with the assurance of guaranteeing your initial investment amount, giving you peace of mind.

Its flexibility is also worthy of note, with plans you can tailor to fit your long-term needs perfectly. It's an excellent choice for securing a rewarding retirement.

Denali 7 (CA Only)

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About Product

Type

Fixed Index

Purpose

Lifetime Income

Term

7 Years

Surrender schedule

8.1%

7.2%

6.35%

5.5%

4.6%

3.7%

2.75%

Fee withdrawal:

Market Value Adjustment

Yes

Return Of Premium

Minimum Contribution

$10,000

Maximum Contribution

$1,000,000

Max Age Qualified

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	4% Fixed
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	167% 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	7.25% Cap
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	45% Participation
1-Year Nasdaq Generations 5 PTP Participation Rate	Point to Point Annual	172% 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	62% Participation

Surrender schedule

Year	1	2	3	4	5	6	7
Penalty	8%	7%	6%	6%	5%	4%	3%

Hypothetical Projection

Comparison against S&P 500 using current rates

See if this annuity ranks in your top 3 for Ohio

Investment Amount

Riders

Name	Inbuilt	Fee
Denali with Lifetime Withdrawal Benefit	Yes

Waivers

No Waivers for Denali 7 (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

SILAC Insurance Company

Company Ratings

4.7