Help your clients grow their retirement savings without market risk

The Foundations Annuity can help your clients protect and grow a portion of their retirement savings.

Your clients can choose from a fixed account as well as five diverse crediting options to provide them with safety and the potential to receive interest for their contracts based in part on the performance of either the S&P 500® Index or the S&P 500® Low Volatility Daily Risk Control 5% Index.

Some Market Participation. No Market Downside.

Here’s an example of how the S&P 500® Annual Point to Point Index Account, with a 4.25% cap applied, Foundations can help protect and grow your clients’ account value (assuming the contract was purchased on Dec. 31, 2019): 

The example makes hypothetical assumptions, which are not a guarantee and do not reflect the interest that would be credited to your annuity. The values of the S&P 500® Index are actual values for the periods shown. The Foundations Annuity was not available until September 2012 and is not reflected in this example. The hypothetical interest calculations are based upon assumptions on the cap applied in computing Annual Point to Point Index Account interest credits. Different caps and different index crediting accounts may produce significantly different results. The hypothetical values assume no withdrawals and no additional Purchase Payments. All returns shown are cumulative and not on an annualized basis. Withdrawals are subject to ordinary income tax and if made before age 59½, may incur a 10% IRS penalty tax and may be subject to product-specific charges.

To learn more about all the crediting strategies within Foundations, read our product brochure.

Not available in New York.

For more information about Foundations or to get a customized client illustration, call our Sales Support Team at 800.747.5164, option 3.

FINANCIAL PROFESSIONAL USE ONLY — NOT FOR USE WITH CONSUMERS

The Security Benefit Foundations Annuity, form 5800 (11-10) and ICC10 5800 (11-10), a flexible purchase payment deferred fixed index annuity, is issued by Security Benefit Life Insurance Company. 

Product features vary by state, including but not limited to the Surrender Charge rates, Surrender Charge period and applicability of the Market Value Adjustment.

Bonus annuities may include changes to the elements used to determine the index interest credits or changes to the interest rate that are not included in similar annuities without a bonus. These changes may include lower current interest rates, higher surrender charges, longer surrender charge periods, lower participation rates or caps, higher spreads, or other changes. The amount of charges or reduction in interest credits may exceed the amount of the bonus.

Product not available in New York.

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.

Fixed index annuities are not stock market investments and do not directly participate in any stock or other investments. Unless stated otherwise, market indices do not include dividends paid on the underlying stocks, and therefore do not reflect the total return of the underlying stocks; neither an index nor any market index annuity is comparable to a direct investment in the equity markets. Consumers who purchase index annuities are not directly investing in a stock or other index.

S&P® is a registered trademark of Standard & Poor's Financial Services LLC ("S&P'') and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). These trademarks have been licensed for use by S&P Dow Jones Indices LLC. S&P® and S&P 500® are trademarks of S&P and have been sublicensed for certain purposes by Security Benefit Life Insurance Company (Security Benefit). The S&P 500® index is a product of S&P Dow Jones Indices LLC and/or its affiliates and has been licensed for use by Security Benefit. The Security Benefit annuity referenced is not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates and neither S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates make any representation regarding the advisability of purchasing such product.

The S&P 500 Index is a product of S&P Dow Jones Indices LLC (“SPDJI”), and has been licensed for use by Security Benefit. Standard and Poor's®, S&P® and S&P 500® are registered trademarks of Standard & Poor's Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Security Benefit. The Security Benefit annuity referenced is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Index.