Explore SBLI Annuities - Classic 7 Annuity
Flexible Premium Tax Deferred Annuity
|
TaxSaver Classic 7 Annuity |
| 4.50% |
Current Guaranteed Rate |
| 6.00% |
Taxable Equivalent Yield | |
- Current Rate Guaranteed for One Year
- $2,000 Minimum (qualified funds)
- $5,000 Minimum (non qualified funds)
- Flexible additions allowed anytime
- Maximum Total: $500,000
- Maximum Issue Age 85.
- 7 Year Surrender Charges (7,7,7,6,5,4,3).
- Annual fee withdrawal up to 10% (after year one of contract)
- Terminal Illness Rider Included
The "Current Guaranteed Rate" is effective for contracts issued as of 10/29/07 *(subject to change). The "Taxable Equivalent Yield" is the rate that a currently taxable investment would have to earn to equal the tax deferred rate, assuming a 25% tax bracket.
Annuities offered by SBLI are not deposits, are not insured by the FDIC/NCUA or any other Federal Government Agency, are not obligations of, nor guaranteed by any bank or credit union, and may lose value.
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*See a Licensed SBLI Representative for Details.