At a glance
The Security Benefit Strategic Growth 7 Annuity is a modified single premium, deferred fixed index annuity with 33 available interest crediting options designed to help consumers accumulate retirement savings without risk.
This annuity may be well suited for a consumer/individual who has a sum of money the consumer/individual does not want to place in the market, yet would like the potential for accumulation without risk.
Strategic Growth Plus Annuity offers:
- Accumulation-oriented rates
- 32 index crediting options derived from 8 underlying indices which provides for a wide range of diversification opportunities
- Rate Buy Up Feature
- 10% free annual withdrawals after the first contract year
- Guaranteed Minimum Interest Rate for the Fixed Account
- Nursing home waiver1
- Terminal illness waiver1
For more information about Strategic Growth 7 Annuity, speak with your financial professional.
Better caps, participation rates, and spreads
The Strategic Growth Series of annuities offer Index Accounts with or without a Rate Buy Up feature. The Index Accounts featuring Rate Buy Up have, as applicable, a higher Cap, lower Spread, or higher Participation Rate in determining interest credits than the Index Accounts without a Buy Up feature.
Available on contracts issued after 1/9/2023
1Availability varies by state.