SecureDesigns® Variable Annuity
Available for use within a 403(b), IRA, or Non-qualified
Designed for members who primarily want investment flexibility; balance risk within one account
The SecureDesigns Variable Annuity provides an alternative to other annuity options with a wide variety of investment options and guarantees, giving you the tools you need to help build and protect your financial future. It offers investment freedom with the ability to choose from more than 90 investment options of more than 240 fund partners.
There are riders available to help meet specific and individual needs. And unlike many variable annuities, SecureDesigns does not have riders bundled into it. So you choose and pay for only the guarantees you desire.
Enhanced death benefit options
Waiver of withdrawal charges for nursing home, confinement, terminal illness or disability
Alternate withdrawal charge
Riders may not be available in all states.
Guarantees are subject to the claims paying ability of the insurer.
Speak to your NEA Retirement Specialist to learn more about adding this product to your portfolio.
You should carefully consider the investment objectives, risks, and charges and expenses of the variable annuity and its underlying investment options before investing. You may obtain a prospectus for the variable annuity and prospectuses or summary prospectuses (if available) for the underlying investment options by calling our Service Center at 800.888.2461. You should read the prospectuses carefully before investing. Investing in variable annuities involves risk and there is no guarantee of investment results.
Variable Annuities are long-term investments suitable for retirement planning.
SecureDesigns Variable Annuity (form V6029) is a flexible purchase payment deferred variable annuity issued by Security Benefit Life Insurance Company (SBL) and is distributed by Security Distributors. Security Distributors is a subsidiary of SBL and SBL is a wholly owned subsidiary of Security Benefit Corporation ("Security Benefit").
Guarantees provided by annuities are subject to the financial strength of the issuing insurance company. Annuities are not FDIC or NCUA/NCUSIF insured; are not obligations or deposits of, and are not guaranteed or underwritten by any bank, savings and loan or credit union or its affiliates; are unrelated to and not a condition of the provision or term of any banking service or activity.
The NEA Retirement Program (“NEA Program”) provides investment products for retirement plans sponsored by school districts and other employers of NEA members and individual retirement accounts established by NEA members. Security Distributors and certain of its affiliates (collectively, “Security Benefit”) make these products available to plans and accounts pursuant to an agreement with NEA’s wholly owned subsidiary, Member Benefits (“MB”), which markets the NEA Program. Security Benefit has the exclusive right to offer the products directly or through other authorized broker/dealers, and MB in marketing the NEA Program generally may not enter into arrangements with other providers of similar investment programs or otherwise promote to NEA members or their employees any investment products that compete with the NEA Program products. Security Benefit pays an annual fee to MB under the agreement. You may wish to take into account this agreement and arrangement when considering and evaluating any communications relating to NEA Retirement products.
NEA and MB are not affiliated with Security Benefit. Neither NEA nor MB is a registered broker/dealer. All securities brokerage services are performed exclusively by your sales representative’s broker/dealer and not by NEA or MB.
NEA, NEA Member Benefits and the NEA Member Benefits logo are registered service marks of NEA Member Benefits.