What is the minimum guaranteed surrender value for Reliance Eleos®‑SP 5?

Eleos®‑SP 5 guarantees a base interest rate for the first five years, including an optional first-year interest bonus. After year five, Reliance Standard declares renewal interest rates annually that cannot fall below the stated minimum guarantee. Withdrawals above the 10% annual free withdrawal limit are subject to surrender charges. Additional features include a death benefit equal to the annuity value, and a nursing home waiver allowing up to 25% annual withdrawal penalty-free under qualifying conditions.

What is the minimum premium amount for Reliance Eleos®‑SP 5?

The minimum premium amount is $10,000.

What is the maximum issue age for Reliance Eleos®‑SP 5?

The maximum issue age is 85 years.

What is the current interest rate for Reliance Eleos®‑SP 5?

The current interest rate is 5%.

What is the surrender charge schedule for Reliance Eleos®‑SP 5?

If you withdraw more than the penalty-free amount allowed during the first five years, surrender penalties will apply.

What are the best rates available for Reliance Eleos®‑SP 5?

The best available rate is 5.00% for a 5 year term.

Reliance Standard

Reliance Eleos®‑SP 5

About this product

The Eleos®‑SP 5 is a Single Premium Deferred Annuity designed to provide safe, predictable growth with tax-deferred earnings. Issued by Reliance Standard Life Insurance Company, it features a fixed interest rate for the first five years and the ability to take limited penalty-free withdrawals. It is intended for individuals seeking guaranteed returns, asset protection, and retirement income stability without market risk.

Available Rates

Rates are based on current simulation settings with premium amount $100,000.00

5 Years

5.00%

Available Guarantee Periods

Rates are based on current simulation settings with premium amount $100,000.00

$10,000.00 - $1,000,000.00

Features
Maximum Issue Age	85 years

Lifetime Income Details

Payout Options

Annuitization

Lump Sum Withdrawal

Additional Options

Actual payout options may vary by insurance carrier and specific products. Common alternatives include:

Life Income Only: Payments for the rest of your life, stopping upon death
Period Certain: Guaranteed payments for a specific time period (5, 10, 15, or 20 years)
Life with Period Certain: Lifetime payments with a minimum guaranteed period
Joint Life: Payments continue for both you and your spouse's lifetimes
Systematic Withdrawal: Regular withdrawals of a specified amount or percentage