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Security Benefit Secure Income Annuity


A fixed index annuity can be a sensible part of your retirement plan. Security Benefit offers one of the industry's most competitive fixed index annuities available today - the Security Benefit Secure Income Annuity.


Secure Income Annuity has a combination of contract guarantees, bonus, flexible interest choices and withdrawal options. 


Secure Income Annuity offers:

  • 8% bonus1
  • 10% free annual withdrawals (not available until beginning of second contract year)
  • Guaranteed minimum interest rate        
  • Multiple interest-crediting options
  • Nursing Home Waiver and Terminal Illness Waiver2


Plus, the optional GLWB Rider provides:

  • 7% annual Roll-up3
  • Ability to renew 7% Roll-up factor4
  • Guaranteed Lifetime Annual Income     
  • Single or Joint Coverage
  • Home Healthcare Doubler5


Helpful Resources

1 In AK, IN, ME, MN, MO, NH, NJ, NV, OH, OR, PA, SC, TX, UT and WA, the bonus is 5.5%; in CA the bonus is 7%; in CT and DE the bonus is 2%.

2 Not available in all states.

3 For the first 10 Contract Years, as long as Lifetime Annual Income is not taken and the Owner has not reached age 85, the Benefit Base increases by at least 7% on each Contract Anniversary.

4 On the 10th Contract Anniversary (for a total of 20 years), the 7% Roll-up may be renewed. The 7% Roll-up will apply on each Contract Anniversary before the Owner reaches age 85 or begins taking Lifetime Annual Income, whichever comes first.

5 If the Covered Person (or if applicable, the Joint Covered Person) becomes unable to perform at least two of the six basic activities of daily living, the GLWB doubles the Lifetime Withdrawal Rate for up to five years, without affecting the Lifetime Annual Income after the 5 year period. After the 5 year period, the Lifetime Withdrawal Rate used to calculate Lifetime Annual Income will revert to the original Lifetime. Not available in CA, MD, MN, MO, NJ and WA.


The Security Benefit Secure Income Annuity (Form 5800 (11-10) and ICC10 5800 (11-10)), is a fixed index flexible premium deferred annuity contract, issued by Security Benefit Life Insurance Company. The Guaranteed Lifetime Withdrawal Benefit (GLWB) Rider (Form 5820 (11-10) and ICC10 5820 (11-10)), an optional rider available for purchase with the Security Benefit Secure Income Annuity, is issued by Security Benefit Life Insurance Company. Product features, limitations and availability may vary by state.


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; are unrelated to and not a condition of the provision or term of any banking service or activity.


Fixed indexed annuities are not stock market investments and do not directly participate in any stock or equity investments. Market 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 market indexed annuity is comparable to a direct investment in the equity markets. Clients who purchase indexed annuities are not directly investing in a stock market index.

To find out if this product
is right for you, contact your
independent financial advisor.