Guaranteed Income Annuity
Sentinel Security Life
10%
Free W/D
34
States
The Guaranteed Income Annuity is a flexible annuity designed to help retirees protect their nest egg from market risk while providing guaranteed lifetime income, legacy benefits for heirs, or both. It's ideal for anyone who wants predictable retirement income and/or to ensure their loved ones are financially secure.
Free Withdrawal
10%/yr
Available In
34 states
Min Premium
$5,000
Surrender
10 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| United States SOFR Secured Overnight Financing Rate | Monthly | -- | 55% | -- |
| Fixed Account | Daily | -- | -- | 3% |
Key Features
Guaranteed Lifetime Withdrawal Benefit (GLWB) Rider
11% bonus, 8.5% roll-up for 10 years, 1.25%–1.60% annual feeProvides guaranteed lifetime income payments you can never outlive, starting as early as age 50, with 11% initial bonus and 8.5% annual roll-up for 10 years.
Legacy Benefit Rider
10% upfront bonus, grows to 250% of premium, 1.25%–1.60% annual feeGuarantees a death benefit to your beneficiaries that grows each year, reaching up to 250% of your first-year premium, with flexible payout options.
Accumulation Benefit Rider
Zero fees, 10% bonus, 175% participation in net interest rateAllows your assets to grow with market participation (2.75% minimum guaranteed) while giving you the option to elect either lifetime income or legacy benefits later—with zero fees.
Principal Protection
2.75% lifetime minimum guaranteeYour principal is protected from market downturns with a guaranteed 2.75% minimum interest rate for the life of the policy.
SOFR-Based Interest Crediting
Participation in SOFR with 2.75% minimum floorYour interest rate adjusts with the Secured Overnight Financing Rate, allowing you to benefit from rising interest rates while maintaining a guaranteed floor.
Home Healthcare Increase Benefit
Doubles benefit for up to 5 years, no additional costIf you become unable to perform 2 of 6 activities of daily living, your income or legacy benefit can be doubled for up to 5 years at no extra cost.
Flexible Withdrawals
10% annual penalty-free withdrawalWithdraw up to 10% of your purchase premium annually penalty-free after year one, plus Required Minimum Distributions in year one.
Terminal Illness & Nursing Home Waiver
Full access with no surrender charges or MVAAccess your full account value without surrender charges or penalties if diagnosed with terminal illness or confined to a nursing home.
Highlights
Choose from three distinct riders to match your retirement goals: guaranteed lifetime income, legacy benefits, or flexible accumulation
11% upfront bonus on income accounts plus 8.5% annual roll-up for the first 10 years with GLWB rider
Principal protection with 2.75% guaranteed minimum interest rate for life of the policy
Income payments continue even if account value reaches zero, providing true lifetime income security
SOFR-based interest crediting allows you to benefit from rising interest rates while maintaining downside protection
Surrender Schedule
Yr 1
10%
Yr 2
9%
Yr 3
8%
Yr 4
7%
Yr 5
6%
Yr 6
5%
Yr 7
4%
Yr 8
3%
Yr 9
2%
Yr 10
1%
After
0%
Nursing home waiver, Terminal illness waiver
Best For
Retirees age 50+ who want to protect their retirement savings from market risk, secure guaranteed lifetime income, ensure a legacy for heirs, or preserve flexibility to choose between income and inheritance benefits.
Consider Alternatives If
Investors seeking maximum market exposure and growth, those who need immediate access to all their funds, or individuals in lower tax brackets who don't benefit from tax-deferred growth.
Carrier Ratings
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