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Teton Bonus 10 (CA Only)

The Teton Bonus 10 annuity stands out as a savvy investment for Californians planning for retirement. It offers an impressive sign-up bonus, worth 10% of your initial investment, to help your savings grow that much faster.

Even if the markets fluctuate, your earnings are secure. Plus, with options for monthly income, it guarantees a steady cash flow in your golden years. Retire in confidence with Teton Bonus 10.

Teton Bonus 10 (CA Only)

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Investment

Your Gender

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About Product

Type

Fixed Index

Purpose

Accumulation

Premium Bonus

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:

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, Inherited IRA, and TSP

Launch Date

05/01/2019

Teton Bonus annuity series is a Modified Single Premium Fixed Indexed Deferred Annuity series. It's intended for a client seeking a long-term retirement savings vehicle. Different Withdrawal Charge Periods are available for you to choose from.

Barclays Atlas 5 Spread/Boost - Spread decreases your interest rate. Your interest credit will never be less than zero.
The boost increases your interest credit.

Available in states: CA

Allocation Accounts

Name	Type	Rates
1-Year S&P 500 RavenPack AI PTP Boost Spread	Boost Annual	2.25% Spread
1-Year Barclays Atlas 5 Boost Spread	Boost Annual	1.75% Spread
1-Year Nasdaq Generations 5 Boost Spread	Boost Annual	2% Spread
1-Year Fixed Account	Fixed	2.75% Fixed
1-Year S&P 500 PTP Monthly Average Participation Rate	Point to Point Annual Monthly average	72% Participation
1-Year S&P 500 PTP Monthly Sum Cap	Point to Point Annual Monthly sum	2% Cap
1-Year S&P 500 PTP Participation Rate	Point to Point Annual	40% Participation
1-Year S&P 500 PTP Cap	Point to Point Annual	5.75% Cap
1-Year S&P 500 RavenPack AI PTP Participation Rate	Point to Point Annual	150% Participation
1-Year Barclays Atlas 5 PTP Participation Rate	Point to Point Annual	140% Participation
1-Year Nasdaq Generations 5 PTP Participation Rate	Point to Point Annual	145% Participation
1-Year S&P 500 Duo Swift PTP Participation Rate	Point to Point Annual	52% Participation
1-Year Bloomberg Versa 10 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
Elevation Rider	Yes

Waivers

No Waivers for Teton Bonus 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.

The Teton Bonus series allows you to add an additional premium for the first policy year. All additional premiums will automatically be applied to the fixed interest strategy and can be reallocated at the end of the first year.

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. Cumulative Free Withdrawals If no withdrawals are taken in a given year, fully unused free withdrawals can be carried over to the next policy year. The maximum cumulative free withdrawal amount is 30% of your account value (as of the most recent policy anniversary).

Company Founded: 1935

Average Rated Company

SILAC Insurance Company

Company Ratings

4.7