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Security Benefit Foundations Annuity

A Next Generation Fixed Indexed Annuity

 

Retirement is a big step and one you've spent your whole career saving for and building. As you enter retirement, you need to look for secure retirement income vehicles that can help you enjoy this wonderful phase of your life - the Foundations Annuity should be at the top of your list.

 

The Security Benefit Foundations Annuity was designed to provide a stream of income you cannot outlive, through the optional Guaranteed Lifetime Withdrawal Benefit (GLWB) on the 7 year option. Where would you spend your time if you no longer had to think about finding a solution to your income dilemma during retirement?

 

Not available in New York

 

Foundations Annuity Overview (video, 2:46 min.)

Safely protect and grow your retirement savings, even in volatile markets.

 

Foundations Overview

 

Foundations Lifetime Income Rider (video, 2:28 min.)

Guaranteed income … no matter how long you live. S&P® Lo

 

Foundations Lifetime Income Rider

 

S&P 500® Low Volatility Daily Risk Control 5% Index Account
(video, 3:30 min.)

Find out how interest is credited using this uncapped strategy designed to manage market volatility.

 

Foundations Low Vol Daily Risk

 

S&P 500® Annual Point to Point Index Account (video, 2:53 min.)

Learn how we credit Account Value based on the percentage change in the Index from one contract anniversary to the next.

 

Foundations Video annual point to point

 

S&P 500® Monthly Sum Index Account (video, 2:28 min.)

Find out how interest is calculated based on the sum of the capped monthly changes in the S&P 500® Index value for the previous year.

 

Foundations Monthly Sum

 

S&P 500® Annual Average Index Account (video, 2:46 min.)

This video shares how interest is calculated based on the average of the monthly ending values of the S&P 500® Index Value and is compared to the Index Value on the previous contract anniversary.

 

Foundations AVG Annual Index

 

Calculator

CalculatorLearn how the Foundations product can work for you by checking out our calculator. Simply input a client scenario and see your answers immediately.

 

Helpful Resources

The “S&P 500 Index” and “S&P 500 Low Volatility Daily Risk Control 5% Index” are products of S&P Dow Jones Indices LLC, a division of S&P Global, or its affiliates (“SPDJI”), 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”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by SBL. The Security Benefit Foundations Annuity 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 purchasing such product nor do they have any liability for any errors, omissions, or interruptions of the “S&P 500 Index” or “S&P 500 Low Volatility Daily Risk Control 5% Index”.

 

The Security Benefit Foundations Annuity, form 5800 (11-10) and ICC10 5800 (11-10), a flexible purchase payment deferred fixed indexed annuity, and the Guaranteed Lifetime Withdrawal Benefit Rider, form 5821 (5-11) and ICC11 5821 (5-11), are issued by Security Benefit Life Insurance Company.

 

For Financial Professional Use Only, Not for Use with Consumers

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Current Caps

Effective: March 11, 2019

 


S&P 500© Annual Point to Point
Index Account Cap:

 

Foundations 5 year: 3.25%

 

Foundations 7 year: 4.75%

 

S&P 500®Monthly Sum
Index Account Cap:

 

Foundations 5 year: 1.50%

 

Foundations 7 year: 1.75%

 

S&P 500®Annual Average
Index Account Cap:

 

Foundations 5 year: 3.50%

 

Foundations 7 year: 5.00%

 


Current Rates

Effective: March 11, 2019

 


 

Fixed Account Current Interest Rates:

 

5 year rate: 1.75%

 

7 year rate: 1.75%

 


Guaranteed Minimum Interest Rate: 1.70%

 


Current Spreads

Effective: November 19, 2018

 


S&P 500© Low Volatility Daily Risk Control 5% Annual Point to Point
Index Account Spreads:

 

5 year spread:  3.20%

 

7 year spread:  1.50%

 


S&P 500© Low Volatility Daily Risk Control 5% 2-Year Point to Point
Index Account Spreads:

  

5 year spread:  2.25%

 

7 year spread:  1.00%

 


 

View the complete rate sheet. (PDF)

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