Security Plus
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Learn how an annuity can provide guaranteed income for life.
Highlights
Premium Type
|
Flexible Premium
|
---|---|
Free withdrawal
|
10% |
Types of funds
|
Non-Qualified, 401k, Profit Sharing, IRA, Spousal IRA, Pension, IRA Rollover, 401a, IRA Transfer, TSA 403b, SEP IRA, and KEOGH |
The Security Plus is a Flexible Premium product. The minimum initial contribution is $100, while additional contributions can be made in any interval for as little a $25. Upon request, the company will send contribution reminders on a Monthly, Quarterly, Semi-Annually, or Annual basis. There are seven years of surrender charges that are waived in the event of Annuitization, Death, and confinement to a Nursing Home or Hospital. Additionally, there is an optional Disability Premium Waiver that will continue to make premium payments (based upon previous contributions) if the Annuitant becomes disabled. There is a one year standard rate term.
Find out if the Security Plus is the right product for you.
Traditional Fixed Annuity Interest Rates
Surrender Years | First Year Yield | Term Guaranteed Yield | Term Current Yield |
---|---|---|---|
7 | 3.9% | 3.26% | 3.9% |
Riders
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