Teton 10
Silac Insurance Company
7.75%
Best Cap
5%
Free W/D
49
States
The Teton® Modified Single Premium Fixed Indexed Annuity is a long-term retirement savings vehicle that protects your principal from market losses while offering growth potential tied to market index performance. It's designed for retirees and near-retirees seeking guaranteed income, tax deferral, and legacy planning with multiple crediting strategy options.
Free Withdrawal
5%/yr
Available In
49 states
Min Premium
$10,000
Surrender
10 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| Barclays Atlas 5 Index | Annual | -- | 170% | -- |
| Bloomberg Versa 10 Index | Annual | -- | 80% | -- |
| Nasdaq Generations 5 Index | Annual | -- | 100% | -- |
| S&P 500 Duo Swift Index (USD) ER | Annual | -- | 65% | -- |
| S&P 500 Index | Annual | 7.75% | 100% | -- |
| S&P 500 Index | Monthly | 2.65% | 100% | -- |
| S&P 500 RavenPack AI Index (USD) ER | Annual | -- | 185% | -- |
| Fixed Account | Daily | -- | -- | 4% |
Key Features
Annual Floor Protection
0% minimum annual floorYou will never earn less than 0% interest in any strategy term, regardless of market performance
Interest Credit Lock-In
Permanent lock-inOnce interest is credited to your account, it cannot be lost due to future market declines
Free Withdrawals
5% (base) or 10% (with Elevation riders)Withdraw a percentage of your account value annually without charges after the first policy year
Cumulative Withdrawals
Up to 30% cumulative maximumUnused free withdrawal amounts can carry over to the next year up to a maximum cap
Multiple Crediting Strategies
Diversification within one annuityAllocate funds across fixed interest and various indexed strategies; reallocate annually
Withdrawal Charge Periods
5, 7, 10, or 14 yearsChoose a time horizon that matches your financial goals; longer periods offer higher interest credits
Nursing Home Benefit
No withdrawal charge appliesAccess 100% of account value without charges if confined to qualified care for 90+ days
Terminal Illness Benefit
No withdrawal charge appliesWithdraw 100% of account value without charges if diagnosed with terminal illness (12-month life expectancy)
Death Benefit
100% of account valueYour beneficiary receives the full account value, avoiding probate delays
Spousal Continuation
Policy continuation optionIf your spouse is a beneficiary, they can continue the policy rather than liquidate it
Income Options
Lifetime income availableElect to receive guaranteed income payments monthly, quarterly, semi-annually, or annually for life
Highlights
100% principal protection with no direct downside market risk, even during market downturns
Flexible growth options combining fixed interest rates and indexed crediting strategies with annual floor protection of 0%
Enhanced liquidity with free withdrawals up to 5-10% annually plus cumulative carryover provisions
Long-term tax-deferred growth with withdrawal charge periods of 5, 7, 10, or 14 years
Surrender Schedule
Yr 1
12%
Yr 2
12%
Yr 3
11%
Yr 4
10%
Yr 5
9%
Yr 6
8%
Yr 7
7%
Yr 8
6%
Yr 9
4%
Yr 10
2%
After
0%
Home health care rider, Nursing home waiver, RMD waiver, Terminal illness waiver
Best For
Investors age 0-90 with $10,000+ to invest who want long-term retirement savings with principal protection, tax deferral, and the flexibility to access funds through annual free withdrawals or qualified hardship benefits.
Consider Alternatives If
Investors who need immediate or frequent access to their full account value should avoid the Teton® Series due to withdrawal charges during the specified charge period (5-14 years).
Carrier Ratings
Free Comparison Report
Get a personalized Teton 10 illustration
See year-by-year projections for your specific age, premium, and income goals.
Silac Insurance Company Discussions
Customer satisfaction drops 6 points while 92% of retirees fear inflation
DIAs vs SPIAs: Why Waiting 2 Years Could Boost Your Payout by 1.5-2%
Athene Aviator FIA: Does 'Simplified' Mean Lower Returns?
Ohio National's New Rider vs Market Leaders: Cap Rate Reality Check
From the AdvisorWorld.com Community