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Retirement Plans

Investment Products

Security Benefit Foundations Annuity

 

A fixed-indexed annuity available for use within a 403(b), IRA, Non-qualified

Designed for members who need guaranteed income

 

Retirement is a big step and one you've spent your whole career saving for and building. As you enter retirement, you need to look for secure retirement income vehicles that can help you enjoy this wonderful phase of your life - the Foundations Annuity should be at the top of your list.

 

The Security Benefit Foundations Annuity was designed to provide either a Guaranteed Return of your Premium (ROP); or a stream of income you cannot outlive, through the optional Guaranteed Lifetime Withdrawal Benefit (GLWB) on the 7 year option. Where would you spend your time if you no longer had to think about finding a solution to your income dilemma during retirement?

 

Calculator

 

Find out how the Foundations product can work for you by checking out our calculator. Simply input your numbers and see your answers immediately.

 

Speak to your NEA Retirement Specialist to learn more about adding this product to your portfolio.

 

Helpful Resources

 

 

 

The Security Benefit Foundations Annuity, form 5800 (11-10) and ICC10 5800 (11-10), a flexible purchase payment deferred fixed indexed annuity, and the Guaranteed Lifetime Withdrawal Benefit Rider, form 5821 (5-11) and ICC11 5821 (5-11), are issued by Security Benefit Life Insurance Company. Product features, limitations and availability may vary by state.  Please refer to the annuity contract and GLWB Rider for additional explanation of the product and any charges or limitations.

 

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 Corporation (“MBC”), which markets the NEA Program. Security Benefit has the exclusive right to offer the products directly or through other authorized broker/dealers, and MBC 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 MBC 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 MBC are not affiliated with Security Benefit. Neither NEA nor MBC is aregistered broker/dealer. All securities brokerage services are performed exclusively by your sales representative’s broker/dealer and not by NEA or MBC.

NEA, NEA Member Benefits and the NEA Member Benefits logo are registered service marks of NEA’s Member Benefits Corporation.