This product is not available for new issues.
Rates may be changed at any time without notice, and the rates set forth herein may not be available at the time of purchase. For product rate history call our Service Center at 800.888.2461.
- The Fixed Account may not be available in all states.
- If rates fall below the Guaranteed Minimum Interest Rate (GMIR), the GMIR will be the rate credited for funds allocated to the Fixed Account.
1Rates apply to contracts without Riders. Rates for contracts with Riders are reduced by the amount of the Rider charge.
|Effective Date: 01/01/2020|
|NEA Valuebuilder® Variable Annuity < $25,000*||1.10%|
|NEA Valuebuilder® Variable Annuity ≥ $25,000*||1.25%|
|Guaranteed Minimum Interest Rate||See contract|
Variable Annuities are long term investments suitable for retirement planning.
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.
The NEA Valuebuilder Program provides investment products (the NEA Valuebuilder products) in connection with retirement plans sponsored by school districts and other employers of NEA members and individual retirement accounts established by NEA members. Security Distributors, Inc. and certain of its affiliates (collectively Security Benefit) make the NEA Valuebuilder products available under this program pursuant to an agreement with NEA's wholly-owned subsidiary, NEA's Member Benefits Corporation (MBC). Security Benefit has the exclusive right to offer the NEA Valuebuilder products under the program, and MBC generally may not enter into arrangements with other providers of similar investment programs or otherwise promote to NEA members or their employers any investment products that compete with the NEA Valuebuilder products. MBC promotes the program to NEA members and their employers and provides certain services in connection with the program. Security Benefit pays an annual fee to MBC based in part on the average assets invested in the NEA Valuebuilder products under the agreement. You may wish to take into account this agreement and arrangement, including any fees paid, when considering and evaluating any communications relating to the NEA Valuebuilder products. NEA and MBC are not affiliated with Security Benefit. Neither NEA nor MBC is a registered broker-dealer. All securities brokerage services are performed exclusively by your sales representative's broker-dealer and not by NEA or MBC.
The NEA Valuebuilder Variable Annuity, Contract Form No. V6029 (11-00), is a flexible premium deferred variable annuity issued by Security Benefit Life Insurance Company (SBL) and distributed by Security Distributors. SBL is a subsidiary of Security Benefit Corporation (Security Benefit).
NOT A DEPOSIT
NOT FDIC INSURED
NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
NOT GUARANTEED BY ANY BANK — MAY GO DOWN IN VALUE