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.
Available Rates
Rates are based on current simulation settings with premium amount $100,000.00
| 2 Years | 0.00% |
| 3 Years | 3.50% |
| 5 Years | 3.75% |
Available Guarantee Periods
Rates are based on current simulation settings with premium amount $100,000.00
| $10,000.00 - $99,999.00 | 3.15% |
| Features | |
| Maximum Issue Age | 85 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