Strategic Growth Plus Annuity

At a glance

Product name: Strategic Growth Plus Annuity
Product type
Fixed Index Annuity
Minimum purchase
$25,000
Account type(s):
IRA
Non-qualified
Roth IRA
SEP IRA
Surrender charges
10-year
Strategy
9 interest crediting options plus Fixed Account
Key features

The Security Benefit Strategic Growth Plus Annuity is a modified single premium, deferred fixed index annuity which provides a combination of guarantees, bonus, and nine available interest crediting options all designed to help consumers accumulate retirement savings without risk. 

This annuity may be well suited for a consumer/individual who has a sum of money the consumer/individual does not want to place in the market, yet would like the potential for accumulation without risk.

Strategic Growth Plus Annuity offers:

  • A 6% bonus on all purchases 
  • Accumulation-oriented rates 
  • 9 interest crediting options derived from 4 underlying indices which provides for a wide range of diversification opportunities
  • 10% free annual withdrawals after the first contract year 
  • Guaranteed Minimum Interest Rate for the Fixed Account
  • Nursing Home Waiver1
  • Terminal Illness Waiver1 

For more information about Strategic Growth Plus Annuity speak with your financial professional. 

 

1Availability varies by state.

Security Benefit Corporation and its affiliates are not a fiduciaries 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.

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.

The Security Benefit Strategic Growth Plus Annuity, a modified single premium, deferred fixed index annuity contract is issued by Security Benefit Life Insurance Company (SBL). In most states, the Strategic Growth Plus Annuity is issued on form 5600 (9-19) . In Alaska, Connecticut, Indiana,  Massachusetts, Minnesota, Missouri, Nevada, New Hampshire, New Jersey, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Texas, Utah, Virginia, and Washington the Strategic Growth Plus Annuity form is ICC19 5600 (9-19).