Denali 7 (Variation States): Rates & Review

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: CO, DE, ID, IN, MD, MA, MO, NV, SC, and TX

Type	Fixed Index
Purpose	Lifetime Income
Term	7 Years
Surrender schedule	9.3%8.4%7.5%6.6%5.7%4.75%3.8%
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	90
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

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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In the 1st Policy Year, Required Minimum Distributions can be withdrawn. After the 1st Policy Year, up to 5% of the Account Value or RMD can be withdrawn.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 Boost Spread	Boost Annual	3.75% Spread
1-Year S&P 500 RavenPack AI PTP Boost Spread	Boost Annual	4% Spread
1-Year Nasdaq Generations 5 Boost Spread	Boost Annual	3.75% Spread
1-Year Fixed Account	Fixed	4.5% Fixed
1-Year Fixed Account (TX Only)	Fixed	4.5% Fixed
1-Year S&P 500 PTP Monthly Average Participation Rate	Point to Point Annual Monthly average	100% Participation
1-Year Barclays Atlas 5 PTP Participation Rate	Point to Point Annual	192% Participation
1-Year S&P 500 PTP Monthly Sum Cap	Point to Point Annual Monthly sum	2.85% Cap
1-Year S&P 500 PTP Cap	Point to Point Annual	8.5% Cap
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	57% Participation
1-Year S&P 500 RavenPack AI PTP Participation Rate	Point to Point Annual	205% Participation
1-Year Nasdaq Generations 5 PTP Participation Rate	Point to Point Annual	197% Participation
1-Year S&P 500 Duo Swift PTP Participation Rate	Point to Point Annual	70% Participation

Surrender schedule

Year	1	2	3	4	5	6	7
Penalty	9%	8%	8%	7%	6%	5%	4%

Riders

Name	Inbuilt	Fee
Denali with Lifetime Withdrawal Benefit	Yes

Waivers

Nursing Home

Nursing Home Benefit After the first policy year, you can withdraw up to 100% of your annuity’s account value if you become confined to a qualified care facility for at least 90 consecutive days and meet the eligibility requirements. There is a waiting period of 1 year after policy issue date, and you cannot be confined at the time the policy is issued.

Terminal Illness

Terminal Illness Benefit After the first policy year, you can withdraw up to 100% of your annuity’s account value if you are diagnosed with a terminal illness that results in you have a life expectancy of 12 months or less and you meet the eligibility requirements. You cannot be confined at the time the policy is issued.

ADL

Home Health Benefit After the first policy year, you can withdraw up to 20% of your annuity’s account value each for 5 years if you need home health care services and meet the eligibility requirements.

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