Simulation & Edit Mode
Active Product: SILAC Secure Savings™ (2-, 3-, 5-Year Terms)
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.
Important Disclaimer
The results displayed here are for simulation purposes only and do not represent financial advice or real-world values. Please consult a qualified financial professional before making any investment decisions.
Available Rates
| 2 Years | 2.60% |
| 3 Years | 3.15% |
| 5 Years | 3.45% |
Available Guarantee Periods
Rates based on investment amount $100,000.00
| $10,000.00 - $1,000,000.00 | 2.60% |
Features
| Maximum Issue Age | 90 years |
Growth Projection
How your money grows
Based on your issue age (80) and target payout age (85), the following guarantee period will be applied:
| Guarantee Period | 5 years |
| Rate | 3.45% |
| Age | 80 - 85 |
Summary
| Total years to payout | 10 |
| Total guarantee periods applied | 2 |
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