Fixed Indexed Annuity

Teton Bonus 5

Silac Insurance Company

5.75%

Best Cap

5%

Free W/D

48

States

Teton® Bonus is a fixed indexed annuity designed for long-term retirement savings that combines guaranteed income potential with market-linked growth opportunities. It's ideal for conservative investors seeking protection from market losses while maintaining growth potential and tax-deferred accumulation.

Free Withdrawal

5%/yr

Available In

48 states

Min Premium

$10,000

Surrender

5 years

Current Rates & Strategies

IndexCreditingCapParticipationFixed
Barclays Atlas 5 IndexAnnual--135%--
Bloomberg Versa 10 IndexAnnual--60%--
Nasdaq Generations 5 IndexAnnual--130%--
S&P 500 Duo Swift Index (USD) ERAnnual--52%--
S&P 500 IndexAnnual5.75%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 (5, 7, 10, or 14 years)

Immediate bonus added to your premium at purchase based on withdrawal charge period selected

Principal Protection

No direct downside market risk

Your savings are protected from market fluctuations with 100% principal guaranteed

Annual Floor Protection

0% annual floor on indexed strategies

Minimum interest credit guaranteed regardless of market performance

Interest Lock-In

Permanent

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

Free Withdrawals

5% of account value (10% with Elevation riders)

Annual penalty-free withdrawal allowed after first year without withdrawal charges

Crediting Flexibility

Multiple options including fixed interest strategy

Choose from multiple fixed and indexed crediting strategies, with ability to reallocate annually

Tax Deferral

No annual tax reporting

Growth compounds tax-deferred until you access funds

Health-Related Withdrawals

100% access in qualifying situations

Penalty-free withdrawals available for nursing home confinement, terminal illness, or home health care

Death Benefit

Includes full premium bonus

Full account value passes to beneficiaries, avoiding probate

Spousal Continuation

Available if spouse is owner or beneficiary

Spouse can elect to continue the policy at death instead of receiving lump sum

Income Options

Monthly, quarterly, semi-annual, or annual payout options

Can convert annuity to guaranteed lifetime income stream at any time

Highlights

1

Immediate 3-5% premium bonus added to your initial investment

2

100% principal protection with no direct downside market risk

3

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

4

Enhanced liquidity options available through optional Elevation and Elevation Plus riders

5

Tax-deferred growth with access to funds through free withdrawals, RMDs, and health-related benefits

Surrender Schedule

Yr 1

12%

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 savings with principal protection, tax deferral, and flexibility to combine guaranteed income with market-linked growth potential.

Consider Alternatives If

Investors who need immediate access to their full investment without penalties, as this product is designed for long-term retirement savings with a multi-year withdrawal charge period.

Carrier Ratings

A.M. BestB+

Free Comparison Report

Get a personalized Teton Bonus 5 illustration

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

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