Vega 14
Silac Insurance Company
4.5%
Best Cap
5%
Free W/D
32
States
The Vega Fixed Index Annuity is a long-term retirement savings vehicle that combines principal protection, market-linked growth potential, and guaranteed lifetime income. It's designed for people who want to accumulate retirement benefits while securing an income stream they cannot outlive.
Free Withdrawal
5%/yr
Available In
32 states
Min Premium
$10,000
Surrender
14 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| Barclays Atlas 5 Index | Annual | -- | 105% | -- |
| Bloomberg Versa 10 Index | Annual | -- | 45% | -- |
| Nasdaq Generations 5 Index | Annual | -- | 100% | -- |
| S&P 500 Duo Swift Index (USD) ER | Annual | -- | 40% | -- |
| S&P 500 Index | Annual | 4.5% | 100% | -- |
| S&P 500 Index | Monthly | 1.75% | 100% | -- |
| S&P 500 RavenPack AI Index (USD) ER | Annual | -- | 110% | -- |
| Fixed Account | Daily | -- | -- | 2.25% |
Key Features
Principal Protection
0% annual floor minimumYour savings are 100% protected from market downturns with no direct market risk
Lifetime Income Guarantee
Available for single or joint coverageAutomatic benefit ensuring you receive guaranteed withdrawals for life that cannot be lost to market changes
Growth Potential
Annual interest lock-in; no negative creditsChoose between fixed interest rates or indexed strategies tied to external market indexes
Accelerated Withdrawals
Available as alternative to lifetime withdrawalsUnique benefit allowing you to receive your benefit value over a specified period (not lifetime)
Tax-Deferred Growth
Qualified and non-qualified contractsEarnings grow tax-deferred until withdrawal, helping more money stay invested
Free Withdrawals
After first policy yearAnnual penalty-free withdrawal of up to 5% of account value
Wellness Withdrawals
Up to 5 years; included at no costDouble the lifetime withdrawal amount if you cannot perform two Activities of Daily Living
Multiple Crediting Strategies
Reallocation available each strategy termDiversify within your annuity by allocating funds across fixed and indexed options
Highlights
Principal protection with 0% annual floor—your money never loses value in down markets
Guaranteed lifetime income that you cannot outlive, even if your account value reaches zero
Accelerated Withdrawals benefit (unique to Vega) lets you access your benefit value over a defined period without lifetime commitment
Enhanced wealth transfer options including 5-year payout alternative to avoid probate
Automatically included wellness withdrawals provide higher income during health challenges
Surrender Schedule
Yr 1
14.75%
Yr 2
13.75%
Yr 3
12.75%
Yr 4
11.75%
Yr 5
10.75%
Yr 6
10%
Yr 7
9%
Yr 8
8%
Yr 9
7%
Yr 10
6%
Yr 11
5%
Yr 12
4%
Yr 13
3%
Yr 14
2%
After
0%
Home health care rider, Nursing home waiver, RMD waiver, Terminal illness waiver
Best For
Individuals seeking long-term retirement accumulation with principal protection, market-linked growth potential, and guaranteed lifetime income—particularly those concerned about outliving their savings or wanting inflation-adjusted income.
Consider Alternatives If
People who need immediate access to funds without penalty, those with short-term investment horizons, or individuals uncomfortable with withdrawal charge periods and the restrictions on early full withdrawals.
Carrier Ratings
Free Comparison Report
Get a personalized Vega 14 illustration
See year-by-year projections for your specific age, premium, and income goals.
Silac Insurance Company Discussions
E2E curl probe 1777013999000
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?
From the AdvisorWorld.com Community