Security Benefit Corp. launched its Total Value Annuity, a fixed index annuity offered exclusively through Advisors Excel, Creative Marketing, Gradient Financial and Impact Partnership.

The Total Value Annuity was designed to protect retirement savings and provide interest on those savings. Built with three different interest crediting options, Security Benefit's newest product offers a fixed interest rate option or performance based interest results from the S&P 500 Index and/or the 5 Year Annuity Linked TVI Index. Annuity owners can choose to allocate all of their money to one interest crediting option or any combination of the three.

"Our Total Value Annuity targets savers with an eye toward asset accumulation and we believe is a sensible part of our retirement savings and income product strategy," said Doug Wolff, president, Security Benefit Life. 

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.