Frequently Asked Questions

Individuals

I have a retirement plan. What are my options for taking a loan?

You may model or request a loan by selecting the Model a Withdrawal option on the Loans & Withdrawals tab.

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You may model or request a loan by selecting the Model a Withdrawal option on the Loans & Withdrawals tab.

  1. Sign in to your account

    Sign In
     
  2. Select mutual funds option on dashboard

    Dashboard
     
  3. Select the Loans & Withdrawals tab

    Loans & Withdrawals

Enter your desired loan type, loan amount, payment frequency and payment choice.  Please contact your financial representative or our Service Center at 800.747.3942 to discuss your loan options further.

Individuals

I have a retirement plan. What are my options for taking a withdrawal?

You may model or request a withdrawal by selecting the Model a Withdrawal option on the Loans & Withdrawals tab.

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You may model or request a withdrawal by selecting the Model a Withdrawal option on the Loans & Withdrawals tab.

  1. Sign in to your account


     
  2. Select mutual funds option on dashboard

    Dashboard
     
  3. Select the Loans & Withdrawals tab

The dollar amounts and withdrawal reasons listed on this page are subject to change based on your specific retirement plan provisions. Please contact your financial representative or our Service Center at 800.747.3942 to discuss your withdrawal options further.

Individuals

I have a retirement plan. What are my options for taking a withdrawal?

You may model or request a withdrawal by selecting the Model a Withdrawal option on the Loans & Withdrawals tab.

Read More

You may model or request a withdrawal by selecting the Model a Withdrawal option on the Loans & Withdrawals tab.

  1. Sign in to your account

    Sign In
     
  2. Select mutual funds option on dashboard

    Dashboard
     
  3. Select the Loans & Withdrawals tab

    Loans & Withdrawals

The dollar amounts and withdrawal reasons listed on this page are subject to change based on your specific retirement plan provisions.  Please contact your financial representative or our Service Center at 800.747.3942 to discuss your withdrawal options further.

Individuals

I have a retirement plan. When will I receive my 1099-R?

Form 1099-R is used to report the distribution of retirement benefits from an account. If applicable, this form is sent to retirement plan participants by January 31 each year.

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Form 1099-R is used to report the distribution of retirement benefits from an account. If applicable, this form is sent to retirement plan participants by January 31 each year.

Individuals

I have a retirement plan. When will I receive my 1099-R?

Form 1099-R is used to report the distribution of retirement benefits from an account. If applicable, this form is sent to retirement plan participants by January 31 each year.

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Form 1099-R is used to report the distribution of retirement benefits from an account. If applicable, this form is sent to retirement plan participants by January 31 each year.

Individuals

I have a retirement plan. When will I receive my 5498?

Form 5498 is used for reporting regular or rollover contributions and value of an IRA, Roth IRA, ESAs, SEP, or SIMPLE IRA. This form does not need to be filed with the owner's Tax Return (1040) - it simply needs to be reported.

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Form 5498 is used for reporting regular or rollover contributions and value of an IRA, Roth IRA, ESAs, SEP, or SIMPLE IRA. This form does not need to be filed with the owner's Tax Return (1040) - it simply needs to be reported.

Security Benefit is only required to notify IRA, Roth IRA, ESA, SEP and SIMPLE IRA owners of their Fair Market Value. IRA contributions and rollovers are reported to the client by May 31 of each year. The form is only issued if a contribution or rollover occurred during the year.

Website Support

I need help with ID.me.

ID.me simplifies how individuals prove and share their identity online. Answers to many questions can be found in this FAQ.

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ID.me simplifies how individuals prove and share their identity online. Answers to many questions can be found in this FAQ.

For more information, users can go to the ID.me Help Center website for support in setting up or updating any information on their ID.me account at help.ID.me. Security Benefit and ID.me has developed three additional online resources for customers to ask questions and receive additional support:

  • Step-by-step guides and troubleshooting information
  • Submit an issue through an online form
  • Online Chat available 24/7

Access Online Resources

Website Support

I'm an individual. How do I register for an online account on SecurityBenefit.com?

Navigate to SecurityBenefit.com and click on Sign in within the upper menu. 

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Navigate to SecurityBenefit.com and click on Sign in within the upper menu. 

Sign In

On the next screen, click on the “Register Your Account Online” button to begin the registration process. 

Sign In

On the next screen, you’ll be presented with a drop-down menu to select Individual.

Audience Selector

Fill in all required fields as indicated. 

Website Registration Form

After filling in all required information, you may fall into two possible scenarios: 

  1. You are an existing user on SecurityBenefit.com who has not signed in to the site in the past 12 months, or 
  2. You are a new user who has not yet registered on the site, but your information is found in our records system (i.e., you are a customer and have purchased an annuity, but have not yet registered or signed in). 

The following screens will show the next steps in the registration process that are unique to each scenario, and then the process is the same for everyone. 

If you are a converted user, (meaning you have signed in to SecurityBenefit.com since 1/1/2018) you will not be asked to re-register. Your username and password have been ported over to the new site. You will be asked to update your password, select a security question and identify how to receive your multi-factor authentication code.  

Converted User: When you have successfully entered your sign in information, the process is almost complete and you should see this screen asking you to create a new password to replace your current password. Your existing password cannot be reused. 
Sign In Create a Password

You will then be asked to verify your email address to continue. 

Verify Your Email

Next, you will be asked if you wish to complete the optional step of setting up additional multi-factor authentication to secure your access. If so, follow the process outlined later in this document. If not, you may now click on the Sign In button and sign in to SecurityBenefit.com.

Security Settings

When you have successfully entered information into all required fields, the registration process is almost complete and you should see this screen. 

Web Registration

Check your Inbox of the email account used in the initial registration process for a confirmation email (the email will come from [email protected]). When it arrives, you will have 7 days to open it and click on the link inside the email to finalize the account registration process, which includes: 

  • Setting up a password, 
  • Setting up security questions, and 
  • Optionally entering a cell phone and/or landline phone number for multi-factor authentication. 

The email you receive from Security Benefit to complete the registration process will look similar to this: 

Welcome Email

From here, the process is the same for the second two scenarios (new users, or those who haven’t signed in to the site in the past 12 months). 

Once you have clicked on the link in the email, you will be asked to create a password and re-enter that password to verify it is correct. Passwords must contain: 

  • At least 8 characters 
  • At least 1 number 
  • At least 1 lowercase letter 
  • At least 1 uppercase letter 
  • Does not contain part of the username 

You will also be asked to choose a recovery question to be used in the event of needing to reset a password or gain access when you have forgotten a password. 

Create a Password

After successfully establishing a password and setting a recovery question, you will be presented with the next screen to optionally set up additional security verification numbers, either a text message to a cell phone, or a voice call with verification code to any number you choose. This multi-factor authentication helps to insure only you have access to your account information on SecurityBenefit.com by requiring a second authentication device in order to sign in. 

Two-factor Authentication

The screen for setting up text verification. Enter your 10-digit cell phone number without the country prefix. Please do not enter hyphens or parentheses. Click on the “Text” button to initiate the text message to your phone to verify the device. Please allow up to: 30 seconds to receive the text message. 

Text Verification Code

The screen for setting up voice call verification. Enter your 10-digit phone number without the country prefix. Please do not enter hyphens or parentheses. Click on the “Call” button to initiate the voice call to your phone to verify the phone number. Please allow a few minutes to receive your voice call. 

Call verification - Phone Call

If you selected text verification, this screen will appear and you can enter the verification code sent via SMS to your cell phone. Enter the code and click on the “Verify” button. Once verified, your cell phone number will allow you to receive a verification code to access the site if you are signing in from a new device, or signing in one year or more after your last sign in. 

Text Verification Code

If you selected voice call verification, this screen will appear and you can enter the verification code received via a voice call to the number you entered. Enter the code and click on the “Verify” button. Once verified, your phone number will allow you to receive a verification code via voice call to access the site if you are signing in from a new device, or signing in one year or more after your last sign in.

Call Verification Code

When you have entered the verification code, this screen will appear which confirms the number that has been established for your profile. Should you wish to change a phone number, simply sign in to your account, navigate to My Profile in the upper right navigation and edit your profile information. 

Security Settings

You now have the option of how you’d like to receive your verification code to finalize your registration and site access, either via email, SMS text, or a voice call to the number you set up (if any). 

Two-factor Authentication

Select the method of verification you prefer, and a one-time use code will be sent. In this example, select “Email” and click on the “Send Email” button to send a verification code to the email address you set up when you established your account. Regardless of the method of verification you select, a verification code will be sent to you and you must enter it into the required field in order to complete the sign in process. 

Two-factor Authentication - Email

Once you click on “Send Email”, you should see the green check mark confirming a verification code was sent to the email address on file. If this is a trusted device (your personal computer, phone, or tablet and not a shared device, check the “Please remember me on this device” below the Verify button to avoid having to enter a verification code the next time you sign in to SecurityBenefit.com.  

Two-factor Authentication - Email Code

An example of the verification code email you will receive. 

Two-factor Authentication - Email Code

Enter the code into the “Verification code” field and you should be successfully signed in to the site. 

If you should have any questions or encounter any issues in registering, please call our Service Center at 800.888.2461 from 8 a.m. to 7 p.m. (Eastern Time), Monday through Friday.

My Security Benefit app

Is the My Security Benefit app secure?

Yes. We use the latest technology for secure communication, including multi-factor authorization.

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Yes. We use the latest technology for secure communication, including multi-factor authorization.

Please note that certain cookies are saved as required for the website to run smoothly. However, these cookies don't contain any personal information.

  • When you sign out, the session ends.
     
  • After 10 minutes of inactivity, your session will automatically expire, requiring you to sign in again with your username and password. 

For additional information, please refer to our Terms of Use information. 

Security tips for accessing your accounts via your mobile device:

  1. After you have accessed your account, always remember to select the Sign Out link to exit in order to help prevent anyone else from accessing your accounts through your mobile device.
  2. Always lock your device, and set up a password so that only you can unlock your device. Set your screen to automatically lock after a certain amount of time.
  3. Do not open attachments from unknown e-mail addresses and/or unknown phone numbers for text messages (SMS).
  4. Beware of fraudulent "SMishing" attacks—typically a text message sent to trick users into disclosing personal information.
  5. Verify that your software is up-to-date by checking with your service provider or carrier. If you purchased software, contact the software vendor directly for updates.
  6. Validate the website security. Make sure the site has adequate encryption by verifying that the Web address (URL) begins with "https://" and that a closed padlock symbol is displayed.
  7. Never provide personal information, such as social security numbers. Security Benefit will only ask for your username and password when you sign in.
  8. Never share your username and password with anyone.
Security Benefit Basics

What are Security Benefit’s business hours?

Business hours for Security Benefit are 8 a.m. to 7 p.m. (Eastern Time), Monday through Friday.
 

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Business hours for Security Benefit are 8 a.m. to 7 p.m. (Eastern Time), Monday through Friday.