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Denali Bonus 7 (CA Only)

The Denali Bonus 7 is a stellar annuity choice specially tailored for Californians! It allows you to grow your retirement savings with gusto, thanks to its impressive bonus feature. Your money works harder for you right from the get-go!

Its flexible access to income benefits is also worth mentioning. You’ll enjoy a sense of security and peace of mind, knowing you can make necessary withdrawals if an unexpected need arises. A truly top-notch choice for that assured and comfortable retirement you've earned!

Denali Bonus 7 (CA Only)

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About Product

Type

Fixed Index

Purpose

Lifetime Income

Premium Bonus

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

The Denali Bonus Series is designed to help meet your long-term retirement savings needs. It includes a withdrawal charge period. If you withdraw more than the free amount allowed during the withdrawal charge period, a withdrawal charge, market value adjustment and bonus recovery, if applicable, will be applied.

Available in states: CA

Allocation Accounts

Name	Type	Rates
1-Year Nasdaq Generations 5 PTP Boost Spread	Boost Annual	1.5% Spread
1-Year S&P 500 RavenPack AI PTP Boost Spread	Boost Annual	1.75% Spread
1-Year Barclays Atlas 5 PTP Boost Spread	Boost Annual	1.5% Spread
1-Year Fixed Account	Fixed	3% Fixed
1-Year Nasdaq Generations 5 PTP Participation Rate	Point to Point Annual	132% Participation
1-Year S&P 500 RavenPack AI PTP Participation Rate	Point to Point Annual	140% Participation
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	35% Participation
1-Year S&P 500 PTP Cap	Point to Point Annual	5.25% Cap
1-Year S&P 500 PTP Monthly Sum Cap	Point to Point Annual Monthly sum	1.75% Cap
1-Year Barclays Atlas 5 PTP Participation Rate	Point to Point Annual	130% Participation
1-Year S&P 500 PTP Monthly Average Participation Rate	Point to Point Annual Monthly average	65% Participation
1-Year S&P 500 Duo Swift PTP Participation Rate	Point to Point Annual	47% 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

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Investment Amount

Riders

Name	Inbuilt	Fee
Denali Bonus with Lifetime Withdrawal Benefit	Yes

Waivers

No Waivers for Denali Bonus 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 withdrawalsEach year after the first policy year, you may withdraw up to 5% of your account value (as of the most recent policy anniversary). Free withdrawals will not be subject to withdrawal charges, market value adjustments or bonus recovery percentages, if applicable. One non-systematic free withdrawal allowed per year.

Company Founded: 1935

Average Rated Company

SILAC Insurance Company

Company Ratings

4.7