Foundations Annuity

At a glance

Product name: Foundations Annuity
Product type
Fixed Index Annuity
Minimum purchase
$25,000
Account type(s):
403(b)
IRA
Non-qualified
Roth 403(b)
Roth IRA
SEP IRA
Cost
N/A
Surrender charges
5-year; 7-year
Strategy
15 Index Accounts + Fixed Account
Product not available in New York.
Download the Fact Sheet
Download the Brochure

Being close to or in retirement may not be the time to take risks with your retirement savings. With Foundations Annuity, you don't have to sacrifice accumulation potential for safety.

Key features

Accumulation Potential

Foundations Annuity is a fixed Index annuity, which offers the potential to safely earn interest on a portion of a benchmarked index's performance - tax deferred. You also have the option to choose guaranteed accumulation through a Fixed Account.

Market Risk Protection

With Foundations, you're not actually invested in the stock market. Instead, you're guaranteed to never lose value due to market loss.

1% Bonus

With Foundations, you receive a 1% Bonus on all first-year purchase payments - a head start on your retirement savings journey.

Flexibility

Add funds to your contract when you want, access 10% Free Withdrawals after the first year, and benefit from legacy planning options.

What Can Foundations Do For You?

Foundations Brochure Thumbnail
 
How Foundations Works

Learn more about the advantages of a Foundations contract, the diversified interest crediting options, and how it might fit into your retirement strategy.

Download Foundations Brochure

 

Rates
Effective Date: 06/09/2025 Empty th for screen readers Empty th for screen readers
Index Accounts with Caps 5-yr Cap 7-yr Cap
S&P 500® Annual Point to Point 10.00% 10.25%
S&P 500® Monthly Sum 3.35% 3.50%
S&P 500® Annual Average 9.75% 10.00%
MSCI EAFE Annual Point to Point 10.25% 10.50%
Nasdaq-100® Annual Point to Point 10.25% 10.50%
Russell 2000® Small Cap Annual Point to Point 10.25% 10.50%
Index Accounts with Trigger Rate 5-yr 7-yr
S&P 500® Annual Point to Point* 7.75% 8.00%
Index Accounts with Spreads 5-yr Spread 7-yr Spread
S&P 500® Low Volatility Daily Risk Control 5% Annual Point to Point 1.75% 1.50%
S&P 500® Low Volatility Daily Risk Control 5% 2-Year Point to Point 1.00% 0.50%
Index Accounts with Participation Rates 5-yr Par Rate 7-yr Par Rate
S&P 500® Factor Rotator Daily RC2 7% Annual Point to Point Index 130% 130%
S&P 500® Factor Rotator Daily RC2 7% 2-Year Point to Point Index 190% 190%
S&P Multi-Asset Risk Control (MARC) 5% Index Account (1-Year) 200% 210%
S&P Multi-Asset Risk Control (MARC) 5% Index Account (2-Year) 275% 275%
Morningstar Wide Moat Focus Barclays VC 7% Index Account (1-Year) 160% 165%
Morningstar Wide Moat Focus Barclays VC 7% Index Account (2-Year) 210% 220%
Fixed Account 5-yr Rate 7-yr Rate
Current Interest Rate 4.70% 4.85%
Guaranteed Minimum Interest Rate 3.00% 3.00%

Security Benefit Life Insurance Company is not a fiduciary and the information provided is not intended to be investment advice. This information is general in nature and intended for use with the general public. For additional information, including any specific advice or recommendations, please visit with your financial professional.

This material contains highlights only. Please refer to the annuity contract for a full explanation of the product and any charges or limitations. The Security Benefit Foundations Annuity, form 5800 (11-10) and ICC10 5800 (11-10), a fixed index flexible premium deferred annuity, is issued by Security Benefit Life Insurance Company. Product features, limitations, and availability may vary by state. In Idaho, Foundations is issued on form ICC10 5800 (11-10).

Guarantees provided by annuities are subject to the financial strength of the issuing insurance company. Annuities are not FDIC or NCUA/NCUSIF insured; are not obligations or deposits of and are not guaranteed or underwritten by any bank, savings and loan, or credit union or its affiliates; and are unrelated to and not a condition of the provision or term of any banking service or activity. 
 

Fixed index annuities are not stock market investments and do not directly participate in any equity, bond, other security, or commodities investments. Neither an index nor any fixed index annuity is comparable to a direct investment in the equity, bond, other security, or commodities markets. Unless otherwise indicated, the index's performance does not include dividends.

Bonus annuities may include changes to the elements used to determine the index interest credits or changes to the interest rate that are not included in similar annuities without a bonus. These changes may include lower current interest rates, higher surrender charges, longer surrender charge periods, lower participation rates or caps, higher spreads, or other changes. The amount of charges or reduction in interest credits may exceed the amount of the bonus.
 

Neither Security Benefit nor its representatives offer legal or tax advice. Please consult with your personal attorney and/or advisor regarding any legal or tax matters.

SB-10001-91  |  2025/03/10