Simulation & Edit Mode
Active Product: SILAC Secure Savings™ Elite (Florida – 2-, 3-, 5-Year Terms)
SILAC Secure Savings™ Elite (Florida – 2-, 3-, 5-Year Terms)
About this product
The SILAC Secure Savings™ Elite (Florida) is a single-premium Multi-Year Guaranteed Annuity (MYGA) designed for clients seeking fixed, guaranteed growth, principal protection, and flexible access to their funds within 2-, 3-, or 5-year guarantee periods. This Florida-specific version preserves the key features of the standard Elite product while aligning with state-specific requirements such as a full account value death benefit. With enhanced liquidity provisions and built-in waiver benefits, it offers short- to mid-term accumulation potential combined with access options for unexpected life events.
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 | N/A |
| 3 Years | 3.50% |
| 5 Years | 3.75% |
Available Guarantee Periods
Rates based on investment amount $100,000.00
| $10,000.00 - $99,999.00 | 3.15% |
Features
| Maximum Issue Age | 85 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 | 3.75% |
| 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