Advanced Choice Annuity

At a glance

Product name: Advanced Choice Annuity
Product type
Fixed Annuity
Minimum purchase
Account type(s):
Roth IRA
Surrender charges
3-year Term; 5-year Term; 7-year Term

Are you looking for a good rate without market risk? 

Key features
  • Advanced Choice Annuity may be well suited for you if you have a sum of money you do not want to place in the market, yet want it to grow with a competitive interest rate.
  • If you are close to retirement or recently retired, Advanced Choice could complement your savings strategy. Advanced Choice may be purchased as an IRA, Roth IRA, 403(b) rollover or non-qualified contract.
  • Because the tax-deferred annuity is taxable upon withdrawal, money that you otherwise would pay in taxes can continue to accrue interest.

Curious about how you can benefit from fixed annuities? Fixed annuities are designed to help you save for retirement and other long-term goals, particularly if you don’t need access to the money to cover living expenses or unexpected emergencies.

Read more about the benefits of Advanced Choice.

Not available in New York.

Talk to your financial professional to see whether an Advanced Choice Annuity can complement your retirement portfolio.

Effective Date: 06/24/2024 Current Rate Amounts < $125,000 Current Rate Amounts ≥ $125,000
3 Year 5.05% 5.15%
5 Year 5.25% 5.35%
7 Year 5.25% 5.35%
Guaranteed Minimum Interest Rate 3.00% 3.00%

Security Benefit Life Insurance Company is not a fiduciary and the information provided is not intended to be investment advice. This information is general in nature and intended for use with the general public. For additional information, including any specific advice or recommendations, please visit with your financial professional.

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 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.