Secure Savings
Silac Insurance Company
4.75%
Best Rate
5%
Free W/D
49
States
SILAC Secure Savings is a multi-year guaranteed annuity that locks in a fixed interest rate for 2 or 5 years with no market risk. It's designed for conservative savers who want predictable growth, principal protection, and flexible access to their money.
Free Withdrawal
5%/yr
Available In
49 states
Min Premium
$5,000
Surrender
5 years
Guaranteed Rates by Term
| Term | Guaranteed Rate |
|---|---|
| 2-Year | 3.9% |
| 3-Year | 4.5% |
| 5-Year | 4.75% |
Key Features
Guaranteed Interest Rate
2-year or 5-year optionsFixed compound interest rate guaranteed for your entire chosen guarantee period, regardless of market conditions
Principal Protection
Full guarantee by SILAC Insurance CompanyYour initial investment and all earned interest are 100% guaranteed as long as you hold until the end of the guarantee period
Penalty-Free Withdrawals
Year 1: Interest or RMD; Year 2+: Greater of 5%, interest, or RMDAccess accumulated interest or required minimum distributions in year 1; withdraw up to 5% of account value annually thereafter without penalty
Surrender Charges
9% year 1, declining to 5% year 5Excess withdrawals beyond free amounts incur declining surrender charges; no charges during 30-day window or after guarantee period
Income Conversion
Monthly, quarterly, semi-annual, or annual paymentsAt maturity, convert your account value to guaranteed lifetime income you cannot outlive
Death Benefit
100% of account valueFull account value passes to beneficiaries if you die before electing an income option
Tax Deferral
All interest compounds tax-free during guarantee periodInterest earnings are tax-deferred until you withdraw funds from the annuity
Renewal Option
30-day window to decideAt the end of your guarantee period, renew for another 2 or 5 years at new rates, or access full account value with no surrender charges
Highlights
Guaranteed compound interest rate for 2 or 5 years regardless of stock market performance
100% principal protection with full guarantee of principal and earned interest
Flexible access to funds with penalty-free withdrawals for emergencies and RMDs
Convert to guaranteed lifetime income at maturity or renew the contract
Full account value passes to beneficiaries as a death benefit
Surrender Schedule
Yr 1
9%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
After
0%
RMD waiver
Best For
Conservative investors age 18-90 seeking principal protection, predictable guaranteed growth, and tax deferral without stock market risk, particularly those nearing or in retirement.
Consider Alternatives If
Investors seeking high growth potential, market upside exposure, or long-term liquidity without any surrender charges should consider other products.
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