SecureDesigns® Variable Annuity

At a glance

Product name: SecureDesigns® Variable Annuity
Product type
Variable Annuity
Minimum purchase
$10,000
Account type(s):
403(b)
IRA
Non-qualified
Roth IRA
Cost
M&E: 0.60% - 0.85%; Annual Admin Fee: 0.15%
Surrender charges
7-year
Strategy
Nearly 90 underlying funds + Fixed Account
Optional rider(s):
4% Extra Credit Enhancement: 0.55%; Alternate 4-yr Withdrawal Charge: 0.60%; Alternate 0-yr Withdrawal Charge: 0.70%; Waiver of Withdrawal - Nursing Home, Disability, or Terminal Illness (may vary by state): 0.05%; Annual Stepped-up Death Benefit: 0.20%

What are some key challenges for growing your retirement savings?

Key features
  • Build an investment portfolio tailored to your risk profile and financial goals from nearly 90 well-known underlying investment options. And, market participation means you have the potential to outpace inflation.
  • Low product cost paired with tax-deferred portfolio growth helps accumulate wealth faster.
  • Optional riders let you choose the protections and benefits you want.

Read more about the benefits of the SecureDesigns Variable Annuity.

Talk to your financial professional to see whether a SecureDesigns Variable Annuity can complement your retirement portfolio.

Rates
Effective Date: 06/01/2019
Product/Contract Value Current Rate
Less than $25,000* 1.25%
$25,000 to $99,999* 1.40%
$100,000 or more* 1.50%
DCA+ (6 Month) Less than $25,000* 1.25%
DCA+ (6 Month) $25,000 to $99,999* 1.40%
DCA+ (6 Month) $100,000 or more* 1.50%
DCA+ (12 Month) Less than $25,000* 1.25%
DCA+ (12 Month) $25,000 to $99,999* 1.40%
DCA+ (12 Month) $100,000 or more* 1.50%
Guaranteed Minimum Interest Rate 1.30%

Neither Security Benefit Life Insurance Company nor Security Distributors is 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.

You should carefully consider the investment objectives, risks, charges, and expenses of the investment options available under the variable annuities offered. You may obtain a prospectus that contains this and other information about the investment options or variable annuity by calling our Service Center at 800.888.2461. You should read the prospectus carefully before investing. Investing in variable annuities involves risk and there is no guarantee of investment results.

Annuities are long-term investments, suitable for retirement investing. The investment return and principal value of an investment in a variable annuity will fluctuate and you may have a gain or loss at redemption.

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. 

See the prospectus for complete product details.

The SecureDesigns Variable Annuity, form V6029, is a flexible purchase payment deferred variable annuity issued by Security Benefit Life Insurance Company (SBL) and distributed by Security Distributors, a subsidiary of SBL. SBL is a subsidiary of Security Benefit Corporation (Security Benefit).