SILAC Secure Savings™ (2-, 3-, 5-Year Terms)
About this product
The SILAC Secure Savings™ is a single-premium Multi-Year Guaranteed Annuity (MYGA) offering tax-deferred growth, guaranteed fixed interest, and complete principal protection over 2-, 3-, or 5-year guarantee periods. Designed for short- to mid-term savers seeking predictable returns without market risk, the contract provides flexible liquidity through penalty-free withdrawals and benefit waivers. At maturity, clients may renew, withdraw, or annuitize their accumulation value with no surrender charges.
Available Rates
Rates are based on current simulation settings with premium amount $100,000.00
| 2 Years | 2.60% |
| 3 Years | 3.15% |
| 5 Years | 3.45% |
Available Guarantee Periods
Rates are based on current simulation settings with premium amount $100,000.00
| $10,000.00 - $1,000,000.00 | 2.6% |
| Features | |
| Maximum Issue Age | 90 years |
Lifetime Income Details
Payout Options
Additional Options
Actual payout options may vary by insurance carrier and specific products. Common alternatives include:
- Life Income Only: Payments for the rest of your life, stopping upon death
- Period Certain: Guaranteed payments for a specific time period (5, 10, 15, or 20 years)
- Life with Period Certain: Lifetime payments with a minimum guaranteed period
- Joint Life: Payments continue for both you and your spouse's lifetimes
- Systematic Withdrawal: Regular withdrawals of a specified amount or percentage