Strategic Growth 7
Security Benefit Life
13.5%
Best Cap
10%
Free W/D
50
States
A fixed index annuity that offers tax-deferred growth with market downside protection, allowing you to participate in index gains while your principal remains safe. Ideal for retirees seeking stable growth without stock market risk.
Free Withdrawal
10%/yr
Available In
50 states
Min Premium
$25,000
Surrender
7 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| Morgan Stanley Global Equity Allocator Index | 2-Year | -- | 330% | -- |
| Morgan Stanley Global Equity Allocator Index | Annual | -- | 200% | -- |
| Morningstar Wide Moat Focus Barclays VC 7% Index ER | 2-Year | -- | 200% | -- |
| Morningstar Wide Moat Focus Barclays VC 7% Index ER | Annual | -- | 170% | -- |
| MSCI EAFE Index | Annual | 13.5% | 100% | -- |
| Nasdaq-100 Index | Annual | 11.25% | 100% | -- |
| Russell 2000 Index | Annual | 13% | 100% | -- |
| S&P 500 Dynamic Intraday TCA Index (USD) ER | 2-Year | -- | 110% | -- |
| S&P 500 Dynamic Intraday TCA Index (USD) ER | Annual | -- | 75% | -- |
| S&P 500 Factor Rotator Daily RC2 7% Index (USD) ER | 2-Year | -- | 225% | -- |
| S&P 500 Factor Rotator Daily RC2 7% Index (USD) ER | Annual | -- | 163% | -- |
| S&P 500 Index | Annual | 11.25% | 100% | -- |
| S&P 500 Low Volatility Daily Risk Control 5% USD Total Return Index | 2-Year | -- | 90% | -- |
| S&P MARC 5% Excess Return | 2-Year | -- | 275% | -- |
| S&P MARC 5% Excess Return | Annual | -- | 252% | -- |
| UBS Market Pioneers | 2-Year | -- | 225% | -- |
| UBS Market Pioneers | Annual | -- | 205% | -- |
| UBS Multi Asset Inflation Aware Index | 2-Year | -- | 350% | -- |
| UBS Multi Asset Inflation Aware Index | Annual | -- | 200% | -- |
| Fixed Account | Daily | -- | -- | 8% |
Key Features
Market Risk Protection
0% minimum annual return in down marketsYour principal and credited interest are protected from all market losses. Account value either increases with positive index performance or stays flat during negative years.
Tax-Deferred Growth
100% of interest credited before taxesAll interest credits compound without annual taxation. You only pay taxes when you withdraw funds, allowing more money to work for you longer.
Index Crediting Options
Multiple 1-year and 2-year crediting terms availableChoose from 12 different indices and crediting strategies (S&P 500, Nasdaq-100, Russell 2000, and others) with various caps, participation rates, and spreads based on your risk tolerance.
Free Withdrawals
10% annual free withdrawal accessAccess up to 10% of your prior year account value annually without surrender charges or market value adjustments during the 7-year surrender charge period.
Health-Related Waivers
Request after 3rd contract anniversary with physician statementSurrender charges and market value adjustments are waived if you're confined to a nursing home for 90+ days or diagnosed with terminal illness.
Death Benefit
100% account value to beneficiariesBeneficiaries receive 100% of account value upon the annuitant's death before annuitization, providing peace of mind for your loved ones.
Rate Buy Up Feature
Refundable if Buy Up costs exceed index credits at end of surrender periodOptional monthly charge available on index accounts to potentially increase interest credits through higher caps, higher participation rates, and/or lower spreads.
Highlights
Protection from market losses — your account value never declines when markets go down
Potential growth tied to index performance with upside participation through caps and participation rates
Tax-deferred accumulation compounds 100% of interest credits until withdrawal
7-year surrender period with 10% annual free withdrawal access
Built-in protection: terminal illness waiver, nursing home waiver, and death benefit for beneficiaries
Surrender Schedule
Yr 1
9%
Yr 2
8.1%
Yr 3
7.2%
Yr 4
6.3%
Yr 5
5.4%
Yr 6
4.5%
Yr 7
3.6%
After
0%
Nursing home waiver, Terminal illness waiver
Best For
Retirees and pre-retirees who want to grow retirement savings with market-linked returns while protecting against market downturns and avoiding annual tax bills.
Consider Alternatives If
Investors who need immediate access to their full principal without penalties, or those seeking aggressive growth through direct stock market participation.
Carrier Ratings
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