Teton 7
Silac Insurance Company
7.75%
Best Cap
5%
Free W/D
49
States
A fixed indexed annuity that protects your retirement savings from market losses while offering growth potential through fixed or index-linked interest crediting. Designed for people who want guaranteed income and principal protection with tax-deferred growth.
Free Withdrawal
5%/yr
Available In
49 states
Min Premium
$10,000
Surrender
7 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 | -- | 165% | -- |
| S&P 500 Duo Swift Index (USD) ER | Annual | -- | 67% | -- |
| 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 | -- | 100% | -- |
| Fixed Account | Daily | -- | -- | 4% |
Key Features
Principal Protection
0% annual floor on interest creditsYour savings are 100% protected from market fluctuations with no direct downside risk
Interest Crediting Flexibility
Multiple crediting strategies availableChoose between a guaranteed fixed interest rate declared annually or interest tied to external market index performance
Interest Lock-In
Guaranteed annuallyOnce interest is credited to your account, it is locked in and cannot be lost due to future market changes
Free Withdrawals
5% per year standard; 10% with Elevation ridersWithdraw up to 5% of account value annually (years 2+) without charges; RMDs are always free
Tax-Deferred Growth
Full tax deferral on interestEarnings are not taxed until you withdraw them, allowing more of your money to compound
Guaranteed Income Options
Monthly, quarterly, semi-annual, or annual payments availableConvert your annuity into guaranteed lifetime income payments at a rate based on your account value
Death Benefit
100% of account valueFull account value passes to beneficiaries, avoiding probate delays and costs
Withdrawal Charge Period Options
5, 7, 10, or 14 yearsSelect 5, 7, 10, or 14-year commitment periods; longer periods offer higher interest crediting
Health-Based Withdrawal Benefits
Up to 100% accessible for nursing home and terminal illnessAccess funds without charges if confined to nursing home (90+ days), diagnosed with terminal illness, or needing home health care
Highlights
100% principal protection with no direct downside market risk, even during market downturns
Flexible choice between fixed guaranteed rates and indexed interest based on market index performance
Tax-deferred growth lets your retirement savings compound without annual tax drag
Multiple liquidity options including 5% annual free withdrawals and enhanced withdrawal features with optional riders
Guaranteed income for life available, plus full account value passes to beneficiaries without probate
Surrender Schedule
Yr 1
12%
Yr 2
12%
Yr 3
11%
Yr 4
10%
Yr 5
9%
Yr 6
7%
Yr 7
4%
After
0%
Home health care rider, Nursing home waiver, RMD waiver, Terminal illness waiver
Best For
Conservative investors nearing or in retirement who want principal protection, guaranteed lifetime income, tax-deferred growth, and the flexibility to access funds, especially those concerned about market downturns.
Consider Alternatives If
Investors who need immediate access to all their funds without penalty, those seeking aggressive growth through direct market exposure, or anyone unable to commit funds for 5+ years.
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