Choice Annuity Renewal Rates

  • Money allocated to the 1-year Renewal Guarantee Period is available at all times without surrender charges.
  • The 1-year Renewal Guarantee Period Rate is guaranteed for one year.
  • You may transfer funds from the 1-year Renewal Guarantee Period to a new Guarantee Period at any time.
  • Any contract with a value greater than $125,000 will be credited an additional 0.10 bps unless the contract is being credited the Minimum Guaranteed Rate.

1Includes an interest rate bonus of 1.00% for Year 1

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. 

Effective Date: 07/08/2024 Empty th for screen readers Empty th for screen readers
Guarantee Period Contract Year Credited Rate
1 Year1 Year 1 4.25%
2 Year1 Year 1 4.25%
Year 2 3.25%
3 Year1 Year 1 4.25%
Years 2-3 3.25%
5 Year Years 1-5 5.25%
6 Year Years 1-6 5.25%
7 Year Years 1-7 5.25%
10 Year Years 1-10 5.25%
1-Year Renewal Guarantee Period 4.25%

The Security Benefit Choice Annuity, form 4585 (12-00), is a flexible premium deferred annuity issued by Security Benefit Life Insurance Company.

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.