Foundations Annuity Rates

The Fixed Account current interest rate is set at the beginning of each Contract Year and will be at least equal to the GMIR. Any purchases made in the first year will have the current interest rate, in effect at that time, applied to the purchase payment.

Includes information on the Guaranteed Interest Rate as applicable. If the contract's GMIR exceeds the Fixed Account Current Interest Rate disclosed above, the GMIR will prevail.

Foundations Annuity is a fixed index annuity issued by Security Benefit Life Insurance Company.

Rates may be changed at any time without notice, and the rates set forth herein may not be available at the time of purchase. For product rate history call our Service Center at 800.888.2461. For product information, visit our product page.

Effective Date: 03/20/2023 Empty th for screen readers Empty th for screen readers
Index Accounts with Caps 5-yr Cap 7-yr Cap
S&P 500® Annual Point to Point 11.00% 11.50%
S&P 500® Monthly Sum 3.00% 3.15%
S&P 500® Annual Average 10.50% 11.00%
Index Accounts with Spreads 5-yr Spread 7-yr Spread
S&P 500® Low Volatility Daily Risk Control 5% Annual Point to Point 1.50% 1.00%
S&P 500® Low Volatility Daily Risk Control 5% 2-Year Point to Point 1.00% 0.50%
Index Accounts with Participation Rates 5-yr Par Rate 7-yr Par Rate
S&P 500® Factor Rotator Daily RC2 7% Annual Point to Point Index 125% 125%
S&P 500® Factor Rotator Daily RC2 7% 2-Year Point to Point Index 160% 160%
Fixed Account 5-yr Rate 7-yr Rate
Current Interest Rate 4.75% 4.75%
Guaranteed Minimum Interest Rate 2.75% 2.75%

Subscribe for rates

Product not available in New York.

Product features vary by state, including but not limited to the Surrender Charge rates, Surrender Charge period and applicability of the Market Value Adjustment.

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.

In Idaho, Foundations is issued on form ICC10 5800 (11-10).

The “S&P 500 Index,” “S&P 500 Low Volatility Daily Risk Control 5% Index,” “S&P Multi-Asset Risk Control (MARC) 5% Index,” and “S&P 500 Factor Rotator Daily RC2 7% Index” are products of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and have been licensed for use by Security Benefit Life Insurance Company (SBL). S&P®, S&P 500®, US 500, The 500, iBoxx®, iTraxx® and CDX® are trademarks of S&P Global, Inc. or its affiliates (“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 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 the Foundations Annuity nor do they have any liability for any errors, omissions, or interruptions of the above named indices.

99-00510-05 | Rev 2021/08/09