Total Interest Annuity
The current economic outlook may have you concerned about your retirement savings. Market risks and potential downturns could make it difficult to retire like you want. That's why you should ensure a portion of your retirement savings is guaranteed with the Total Interest Annuity.
Protect Your Principal
The Total Interest Annuity is not subject to market risk, meaning you earn at least a guaranteed minimum rate of interest regardless of what happens in the market. Your principal is guaranteed by Security Benefit Life Insurance Company, which has been helping people build financial security for more than 120 years.
Direct Your Contributions or Transfers
You can begin contributing to the Total Interest Annuity by setting up a payroll deferral through your employer’s 403(b) plan or automatic drafts from your bank account for an IRA. Contributions through your 403(b) plan are also tax deferred. There are annual contribution limits issued by the IRS. Once you reach 50 years old, federal tax laws allow you to participate in the CatchUp provision.
The Total Interest Annuity credits interest rates that are guaranteed for a year, regardless of market conditions. First year contributions earn an additional bonus interest rate.* The guaranteed minimum interest rate (GMIR) allows you to save for retirement with confidence, knowing that if future rates decline - you'll still earn at least the GMIR.
If you're concerned about market volatility and the potential consequences to your retirement savings, you should consider having a portion of your savings guaranteed. Direct your contributions to the Total Interest Annuity today. Protect more of your retirement assets and discuss a rollover or in-service transfer to the Total Interest Annuity with your financial advisor.