What is the minimum guaranteed surrender value for Securian Financial – SecureOption® Choice CA (3-, 5-, 7-, 9-Year Terms)?

SecureOption Choice (California) is a Single Premium Deferred Annuity (SPDA) funded with a one-time purchase payment, with no additional purchase payments permitted. At issue, the owner selects a 3-, 5-, 7-, or 9-year initial guarantee period, and the initial interest rate applies through the end of that selected period. Following the initial guaranteed period, renewal rates are declared in one-year guarantee periods. The contract supports access to funds through a minimum $250 withdrawal and includes an annual free-withdrawal feature equal to 10% (with RMD flexibility) while withdrawals above free/waived amounts may be subject to surrender charges during the surrender period.

What is the minimum premium amount for Securian Financial – SecureOption® Choice CA (3-, 5-, 7-, 9-Year Terms)?

The minimum premium amount is $10,000.

What is the maximum issue age for Securian Financial – SecureOption® Choice CA (3-, 5-, 7-, 9-Year Terms)?

The maximum issue age is 90 years.

What is the current interest rate for Securian Financial – SecureOption® Choice CA (3-, 5-, 7-, 9-Year Terms)?

The current interest rate is 4.15%.

What is the surrender charge schedule for Securian Financial – SecureOption® Choice CA (3-, 5-, 7-, 9-Year Terms)?

Withdrawals in excess of free or waived amounts are subject to surrender charges that decline over time and reach 0% at the end of the schedule for the selected term. California uses the following surrender charge schedules by guarantee period.

What are the best rates available for Securian Financial – SecureOption® Choice CA (3-, 5-, 7-, 9-Year Terms)?

The best available rate is 4.85% for a 9 year term.

Securian Financial

Securian Financial – SecureOption® Choice CA (3-, 5-, 7-, 9-Year Terms)

About this product

The Securian Financial SecureOption® Choice CA is a single-premium Multi-Year Guaranteed Annuity (MYGA) designed specifically for California residents. It provides guaranteed fixed interest rates for selected terms of 3, 5, 7, or 9 years, offering predictable tax-deferred growth and full principal protection. SecureOption® Choice CA allows policyholders to access liquidity through penalty-free annual withdrawals and includes waivers for qualifying life events. At maturity, owners may renew at the prevailing declared rate, withdraw the full accumulation value, or annuitize without penalty.

Available Rates

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

3 Years	4.30%
5 Years	4.65%
7 Years	4.75%
9 Years	4.85%

Available Guarantee Periods

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

$10,000.00 - $99,999.00	4.15%
$100,000.00 - $499,999.00	4.3%
$500,000.00 - $1,000,000.00	4.45%

Features
Maximum Issue Age	90 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