Advanced Choice
Security Benefit Life
10%
Free W/D
50
States
The Advanced Choice Fixed Annuity is an insurance product that grows your money at a guaranteed interest rate while deferring taxes, providing safety and predictable growth for retirement savings.
Free Withdrawal
10%/yr
Available In
50 states
Min Premium
$10,000
Surrender
7 years
Key Features
Guaranteed Interest Rates
3-7 year Guarantee Periods availableYou receive a specific, predetermined interest rate for a set Guarantee Period with no fluctuation based on market conditions.
Tax Deferral
Example: $45,153 vs $39,242 after 20 years on $25,000Interest earned is not taxed until you make a withdrawal, allowing credited interest and what would have gone to taxes to compound together.
Free Withdrawals
10% annually, penalty-freeAfter the first contract year, withdraw up to 10% of your contract value annually without surrender charges or Market Value Adjustments.
Emergency Access Waivers
Available in most states; varies by stateSurrender charges and Market Value Adjustments are waived if you need funds for nursing home care (90+ days) or terminal illness after year 3.
Principal and Interest Guarantee
100% guarantee, not FDIC insuredBoth your principal and credited interest are fully guaranteed by the issuing insurance company's financial strength.
Death Benefit
100% of contract valueContract value passes directly to beneficiaries without probate delay.
Bonus Interest Rates
Check rate sheet for current eligibilityHigher contract values may qualify for additional bonus interest beyond the base guaranteed rate.
Annuitization Options
Multiple payout options availableConvert your contract to guaranteed lifetime income or income for a fixed period to create predictable retirement cash flow.
Highlights
Guaranteed interest rates for 3-7 year periods with no market risk
Tax-deferred growth allows more money to compound over time
Access up to 10% annually without surrender charges after year one
Emergency waivers for nursing home care or terminal illness eliminate surrender charges
Competitive rates and bonus interest available on higher contract values
Surrender Schedule
Yr 1
9%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
Yr 6
4%
Yr 7
3%
After
0%
Nursing home waiver, Terminal illness waiver
Best For
Retirees and pre-retirees who prioritize safety and guaranteed growth over market returns and want tax-deferred accumulation with access to emergency funds.
Consider Alternatives If
Investors seeking higher returns through market exposure, those who need frequent liquidity without penalties, or those in very high tax brackets who may benefit more from other strategies.
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