Strategic Growth Annuity
Security Benefit Life
14.5%
Best Cap
10%
Free W/D
50
States
A fixed index annuity that links interest credits to market index performance without exposing your principal to market losses. Designed for individuals with savings they want to grow safely without stock market risk.
Free Withdrawal
10%/yr
Available In
50 states
Min Premium
$25,000
Surrender
10 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| Morgan Stanley Global Equity Allocator Index | 2-Year | -- | 275% | -- |
| Morgan Stanley Global Equity Allocator Index | Annual | -- | 175% | -- |
| Morningstar Wide Moat Focus Barclays VC 7% Index ER | 2-Year | -- | 200% | -- |
| Morningstar Wide Moat Focus Barclays VC 7% Index ER | Annual | -- | 140% | -- |
| MSCI EAFE Index | Annual | 14.5% | 100% | -- |
| Nasdaq-100 Index | Annual | 12.1% | 100% | -- |
| Russell 2000 Index | Annual | 13.3% | 100% | -- |
| S&P 500 Dynamic Intraday TCA Index (USD) ER | 2-Year | -- | 130% | -- |
| S&P 500 Dynamic Intraday TCA Index (USD) ER | Annual | -- | 90% | -- |
| 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 | -- | 135% | -- |
| S&P 500 Index | Annual | 11.75% | 100% | -- |
| S&P 500 Low Volatility Daily Risk Control 5% USD Total Return Index | 2-Year | -- | 122% | -- |
| S&P MARC 5% Excess Return | 2-Year | -- | 275% | -- |
| S&P MARC 5% Excess Return | Annual | -- | 220% | -- |
| UBS Market Pioneers | 2-Year | -- | 225% | -- |
| UBS Market Pioneers | Annual | -- | 175% | -- |
| UBS Multi Asset Inflation Aware Index | 2-Year | -- | 350% | -- |
| UBS Multi Asset Inflation Aware Index | Annual | -- | 200% | -- |
| Fixed Account | Daily | -- | -- | 4.75% |
Key Features
Index Crediting Options
42 options42 different ways to earn interest based on 12 underlying market indices, giving you flexibility to match your retirement strategy
Principal Protection
GuaranteedYour initial investment is never at risk from market declines
Penalty-Free Withdrawals
10% annuallyAccess up to 10% of your account value each year without surrender charges after the first contract year
Rate Buy Up Feature
Available after 1/9/2023Enhance your returns by selecting higher caps, lower spreads, or higher participation rates on index accounts
Fixed Account Option
Guaranteed rateChoose a guaranteed minimum interest rate as an alternative to index-linked crediting
Waivers
State-dependentNursing home and terminal illness waivers may waive surrender charges in qualifying situations
Highlights
Grow retirement savings with market-linked returns but without market risk
Choose from 42 index crediting options across 12 underlying indices for diversification
Take 10% penalty-free withdrawals annually after year one
Rate Buy Up feature available to enhance caps, participation rates, or reduce spreads
Nursing home and terminal illness waivers provide added protection (where available)
Surrender Schedule
Yr 1
12%
Yr 2
12%
Yr 3
11%
Yr 4
11%
Yr 5
10%
Yr 6
9%
Yr 7
8%
Yr 8
7%
Yr 9
6%
Yr 10
4%
After
0%
Nursing home waiver, Terminal illness waiver
Best For
Individuals who have accumulated savings they don't want exposed to market risk but still want the potential for growth linked to market index performance.
Consider Alternatives If
Investors seeking direct stock market exposure, high liquidity with immediate access to all funds, or those who want dividend income from underlying equities.
Carrier Ratings
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