Secure Savings Elite
Silac Insurance Company
4.75%
Best Rate
5%
Free W/D
41
States
A multi-year fixed annuity that guarantees your principal and a fixed interest rate for 2 or 5 years, offering safe growth without stock market risk. Ideal for conservative investors seeking stability and predictable returns during retirement.
Free Withdrawal
5%/yr
Available In
41 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 or 5 year optionsCompound interest rate locked in for your chosen guarantee period, unaffected by stock market performance
Principal Protection
Full guarantee during termYour initial investment and earned interest are 100% guaranteed as long as you maintain the annuity through the guarantee period
Penalty-Free Withdrawals
Year 1: accumulated interest or RMD; Years 2+: 5% of account value, accumulated interest, or RMDAccess funds without surrender charges up to a percentage of account value or accumulated interest annually
Tax-Deferred Growth
Taxes deferred until accessAll interest earnings compound without annual tax liability until withdrawal
Income Options
Monthly, quarterly, semi-annual, or annual payments availableConvert to guaranteed lifetime income at maturity or choose fixed-period income payments
Death Benefit
100% of account valueFull account value passes to beneficiaries if you pass away before electing an income option
Minimum Premium
$10,000 minimumLow entry point to start building secure savings
Highlights
Guaranteed fixed interest rate for 2 or 5 years regardless of stock market performance
100% principal protection with full account value guaranteed during the guarantee period
Flexible access to funds with penalty-free withdrawals up to 5% annually after year one
Tax-deferred growth on all interest earned until funds are accessed
Option to convert to guaranteed lifetime income or pass full account value to beneficiaries
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 guaranteed growth, principal protection, and stable income without stock market risk, particularly those nearing or in retirement.
Consider Alternatives If
Investors seeking aggressive growth, those who may need full account access within 2-5 years without penalty, or those requiring high liquidity.
Carrier Ratings
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