Fixed Indexed Annuity

Teton 5

Silac Insurance Company

7.75%

Best Cap

5%

Free W/D

48

States

A fixed indexed annuity designed for long-term retirement savings that protects your principal while offering growth potential tied to market indexes. It's ideal for conservative investors who want tax-deferred growth with guaranteed income options and penalty-free access for health emergencies.

Free Withdrawal

5%/yr

Available In

48 states

Min Premium

$10,000

Surrender

5 years

Current Rates & Strategies

IndexCreditingCapParticipationFixed
Barclays Atlas 5 IndexAnnual--170%--
Bloomberg Versa 10 IndexAnnual--80%--
Nasdaq Generations 5 IndexAnnual--165%--
S&P 500 Duo Swift Index (USD) ERAnnual--67%--
S&P 500 IndexAnnual7.75%100%--
S&P 500 IndexMonthly2.65%100%--
S&P 500 RavenPack AI Index (USD) ERAnnual--100%--
Fixed AccountDaily----3.75%

Key Features

Principal Protection

0% minimum annual interest

Your savings are 100% protected from market losses with an annual floor of 0% — you never earn negative returns

Crediting Strategies

Multiple options available

Choose from fixed interest (declared annually) or indexed strategies tied to market index performance

Tax Deferral

Taxes deferred until withdrawal

Growth compounds without annual tax withholding, letting more of your money work for you

Free Annual Withdrawals

5% annually, increases to 10% with Elevation riders

Access up to 5% of your account value each year without withdrawal charges or market value adjustments

Interest Lock-In

Guaranteed once credited

Once credited interest is locked in and cannot be lost to future market downturns

Withdrawal Charge Periods

4 term options

Choose from 5, 7, 10, or 14-year terms; longer periods offer higher interest credits

Health-Based Withdrawals

100% access in qualifying events

Access funds penalty-free if confined to nursing home (90+ days), diagnosed with terminal illness, or needing home health care

Death Benefit

Full account value paid to beneficiary

Your beneficiary receives the full account value, avoiding probate delays

Spousal Continuation

Available at death

If your spouse is the beneficiary, they can elect to continue the policy instead of taking a lump sum

Income Options

Flexible payout schedules

Convert to guaranteed income payments monthly, quarterly, semi-annually, or annually for life if desired

Highlights

1

100% principal protection with no direct downside market risk, even during market downturns

2

Flexible crediting strategies combining fixed rates and indexed options with annual 0% floor protection

3

Multiple liquidity options including 5% free annual withdrawals, RMDs, and health-based penalty-free access

4

Optional Elevation™ and Elevation Plus™ riders offering enhanced liquidity (10% free withdrawals) with cumulative carry-over up to 30%

Surrender Schedule

Yr 1

12.5%

Yr 2

12%

Yr 3

11%

Yr 4

10%

Yr 5

9%

After

0%

Home health care rider, Nursing home waiver, RMD waiver, Terminal illness waiver

Best For

Conservative to moderate investors seeking long-term retirement growth who want principal protection, tax deferral, and flexibility to access funds while potentially receiving guaranteed lifetime income.

Consider Alternatives If

Investors who need immediate access to their full principal without penalties, or those seeking maximum market upside without downside protection.

Carrier Ratings

A.M. BestB+

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