Security Benefit Annuity Rate Increases

'''

Don't miss out on our soaring annuity rates

Market volatility is a concern for many clients. We can help you put their minds at ease with our increased annuity rates, soaring to highs not seen in decades. Our annuities combine principal protection and competitive rates to secure your clients' financial futures without market loss. All rates shown are subject to change without notice and may not be available at the time of contract issue.

RateTrack® Annuity

The industry's first floating rate annuity offers unprecedented potential for automatic interest rate increases as rates rise without incurring market risk. New rates as high at 5.67%.

Effective Date 11/28/2022 5 Year 7 Year
Guarantee Period Base Rate 1.30% 1.40%
3 Month CME Term SOFR Reference Rate
(subject to caps shown below)
4.27% 4.27%
Total Credited Interest Rate (1st Year)
(Guarantee Period Base Rate + 3 Month CME Term SOFR Reference Rate)
5.57% 5.67%
Floating Rate Cap 5.25% 5.25%
Based on Floating Rate Caps, the Total Credited Interest Rate Will Not Exceed 6.55% 6.65%
Please note: For contracts issued on or after October 1, 2022, the Guaranteed Minimum Interest Rate is 1.80%.

Learn more about RateTrack®

Advanced Choice Annuity

Clients who have a sum of money they do not want to place in today's volatile market can lock in a guaranteed period interest rate as high as 5.40%.

Effective Date 11/28/2022 Current Rate Amounts <$125,000 Current Rate Amounts >$125,000
3 Year 4.75% 4.85%
5 Year 5.30% 5.40%
7 Year 5.30% 5.40%
Please note: For contracts issued on or after October 1, 2022, the Guaranteed Minimum Interest Rate is 1.80%.

Learn more about Advanced Choice

Foundations Annuity

Help your clients build a portion of their retirement savings without risk. The Foundations annuity offers accumulation potential paired with protection against all market loss. 

Index Accounts With Caps 5-Year Cap 7-Year Cap
S&P 500® Point to Point 11.50% 12.00%
S&P 500® Monthly Sum 3.00% 3.15%
S&P 500® Annual Average 10.50% 11.00%
Index Accounts With Spreads 5-Year Spread 7-Year Spread
S&P 500®  Low Volatility Daily Risk Control
5% Annual Point to Point Index Account
1.50% 1.00%
S&P 500®  Low Volatility Daily Risk Control
5% 2-Year Point to Point Index Account
1.00% 0.50%
Index Accounts With Participation Rates 5-Year Par Rates 7-Year Par Rates
S&P 500®  Factor Rotator Daily RC2
7% Annual Point to Point Index Account
125% 125%
S&P 500®  Factor Rotator Daily RC2
7% 2-Year Point to Point Index Account
160% 160%
Fixed Account 5-Year Rate 7-Year Rate
Current Interest Rate 5.00% 5.00%
Please note: For contracts issued on or after October 1, 2022, the Fixed Account Guaranteed Minimum Interest Rate is 1.80%.

Learn more about Foundations

FINANCIAL PROFESSIONAL USE ONLY — NOT FOR USE WITH CONSUMERS

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 RateTrack® Annuity, form ICC15 5300 (12-15) and 5300 (12-15), a single premium deferred fixed annuity, is issued by Security Benefit Life Insurance Company. Product features, limitations, and availability vary by state.

The market data ("Information") contained herein: (i) includes the proprietary information of Chicago Mercantile Exchange Inc. or its licensors, as applicable; (ii) may not be copied, sold, or further disseminated except as specifically authorized; (iii) does not constitute investment advice; (iv) is provided solely for informational purposes; and (v) is not warranted to be complete, accurate, or timely.

CME GROUP MARKET DATA IS USED UNDER LICENSE AS A SOURCE OF INFORMATION FOR CERTAIN SECURITY BENEFIT LIFE INSURANCE COMPANY (“SBL”) PRODUCTS. CME GROUP HAS NO OTHER CONNECTION TO SBL PRODUCTS AND SERVICES AND DOES NOT SPONSOR, ENDORSE, RECOMMEND, OR PROMOTE ANY SBL PRODUCTS OR SERVICES. CME GROUP HAS NO OBLIGATION OR LIABILITY IN CONNECTION WITH THE SBL PRODUCTS AND SERVICES. CME GROUP DOES NOT GUARANTEE THE ACCURACY AND/OR THE COMPLETENESS OF ANY MARKET DATA LICENSED TO SBL AND SHALL NOT HAVE ANY LIABILITY FOR ANY ERRORS, OMISSIONS, OR INTERRUPTIONS THEREIN. THERE ARE NO THIRD-PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN CME GROUP AND SBL.
 

The Security Benefit Advanced Choice Annuity, form ICC13 5200 (9-13) and 5200 (9-13), a single premium deferred annuity, is issued by Security Benefit Life Insurance Company. Product features, limitations, and availability vary by state.

Product has a 30-day renewal period to pursue one of four options at the end of the 5-year Guarantee Period. See financial professional for details. Surrender charges are 9%, 8%, 7%, 6% and 5%, respectively, for each year of the Guarantee Period.

Withdrawals are subject to ordinary income tax and, if made before age 59½, may be subject to a 10% penalty tax.

Security Benefit Life Insurance Company issues the Security Benefit Foundations Annuity, form 5800 (11-10) and ICC10 5800 11-10)), a fixed index flexible premium deferred annuity contract. Product features, limitations and availability may vary by state. In Idaho, Foundations is issued on form ICC10 5800 (11-10).

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.

Fixed index annuities are not stock market investments and do not directly participate in any equity, bond, other security, or commodities investments. 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 fixed index annuity is comparable to a direct investment in the equity, bond, other security, or commodities markets.

“S&P 500® Index,” “S&P 500® Low Volatility Daily Risk Control 5% Index,” and the “S&P 500® Factor Rotator Daily RC2 7% Index,” are products of S&P Dow Jones Indices LLC, a division of S&P Global, or its affiliates (SPDJI) and Standard & Poor’s Financial Services LLC, and have been licensed for use by Security Benefit Life Insurance Company (SBL). Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC, a division of S&P Global (S&P); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); third party licensor trademarks are trademarks of Standard & Poor’s Financial Services LLC and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by SBL. SBL’s Foundations Annuity is not sponsored, endorsed, sold, or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, or Standard & Poor’s Financial Services LLC, 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, S&P 500® Low Volatility Daily Risk Control 5% Index, or the S&P 500® Factor Rotator Daily RC2 7% Index.

SB-10025-80 | 2022/11/09