Fixed Indexed Annuity

Teton Bonus 10

Silac Insurance Company

6%

Best Cap

5%

Free W/D

49

States

The Teton® Bonus is a fixed indexed annuity designed for retirement savers who want both growth potential and downside protection, offering an immediate bonus, guaranteed minimums, and multiple crediting strategy choices.

Free Withdrawal

5%/yr

Available In

49 states

Min Premium

$10,000

Surrender

10 years

Current Rates & Strategies

IndexCreditingCapParticipationFixed
Barclays Atlas 5 IndexAnnual--135%--
Bloomberg Versa 10 IndexAnnual--62%--
Nasdaq Generations 5 IndexAnnual--130%--
S&P 500 Duo Swift Index (USD) ERAnnual--55%--
S&P 500 IndexAnnual6%100%--
S&P 500 IndexMonthly2.15%100%--
S&P 500 RavenPack AI Index (USD) ERAnnual--100%--
Fixed AccountDaily----2.5%

Key Features

Premium Bonus

3-5% depending on term length

Immediate bonus added to your initial premium on day one, increasing your account value right away

Principal Protection

100% guaranteed

Your money is 100% protected from market losses with no direct downside market risk

Annual Floor Protection

0% minimum annual floor

You will never earn less than 0% interest in any crediting strategy term, even during market downturns

Interest Lock-In

Permanent once credited

Once interest is credited to your account, it cannot be lost due to future market changes

Free Withdrawals

5% annually (10% with Elevation riders)

Penalty-free access to a portion of your account annually after the first year without withdrawal charges

Tax Deferral

Full tax deferral on growth

Growth compounds tax-free until you withdraw funds, allowing more of your money to work for you

Withdrawal Charge Period

5, 7, 10, or 14-year options

Choose your commitment period based on financial goals; longer terms offer higher bonuses

Crediting Strategy Options

Multiple fixed and indexed options

Choose between fixed interest rate or indexed strategies tied to market index performance; reallocate annually

Cumulative Free Withdrawals

Up to 30% cumulative maximum

With Elevation riders, unused annual free withdrawals can roll over to future years

Death Benefit

100% account value guaranteed

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 rather than take a lump sum

Income Options

Multiple payout frequencies

Elect guaranteed lifetime income payments in monthly, quarterly, semi-annual, or annual intervals

Health-Based Withdrawals

100% access for nursing home/terminal illness; 20% annually for home health

Access funds penalty-free if you enter a nursing home, develop a terminal illness, or need home health care

Highlights

1

Immediate premium bonus (3-5%) added to your initial investment on day one

2

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

3

Choice of fixed or indexed crediting strategies with annual 0% floor protection and interest lock-in

4

Flexible withdrawal options including 5% free withdrawals annually plus enhanced liquidity riders

5

Tax-deferred growth with guaranteed income options and full account value death benefit

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

Individuals approaching or in retirement who prioritize principal safety and guaranteed growth while wanting tax-deferred accumulation and the potential for market-linked returns.

Consider Alternatives If

People who need immediate access to their full account value without penalties, since withdrawal charges apply during the commitment period for excess withdrawals.

Carrier Ratings

A.M. BestB+

Free Comparison Report

Get a personalized Teton Bonus 10 illustration

See year-by-year projections for your specific age, premium, and income goals.

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