Variflex® Variable Annuity

At a glance

Product name: Variflex® Variable Annuity
Product type
Variable Annuity
Minimum purchase
$25 Qualified, $500 Non-qualified
Account type
403(b)
IRA
Non-qualified
Roth IRA
Cost
1.20% M&E
Surrender charges
8-year non-rolling
Strategy
40+ underlying funds + Fixed Account

The Variflex Variable Annuity gives you the freedom to create investment strategies within a variable annuity.

Key features
  • Guaranteed retirement income
  • Provides a variety of payout features while also offering a guaranteed death benefit before payout begins1
  • Choose from more than 40 investment options from the industry’s top money managers

Plan for your retirement and benefit from the potential tax advantages of the Variflex® Variable Annuity. Small contributions can make a big impact on your retirement portfolio with potential tax advantages and compound interest to help boost your account value.


1Death benefit is guaranteed to be no less than total contributions (less any withdrawals) only for contracts issued prior to the oldest owner attaining age 76 and is reset every six years.

Rates
Effective Date: 04/01/2019
Product/Contract Value Current Rate
Variflex® Variable Annuity 1.50%
Variflex® LS Variable Annuity 2.00%
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 Variflex Variable Annuity, form V6023, 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).