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Retirement Plans

Investment Products

Security Benefit RateTrack Annuity*

 

Are you financially prepared to take advantage of rising rates?

 

If you believe interest rates have hit bottom and are on track to increase, how are you positioned to take advantage of rate increases for your safe money. There’s a belief that the Federal Reserve is signaling that the economy is healthy enough for an increase in rates, and that rates will be on the rise over the next few years.

 

  The New York Times, January 27, 2016

 

We have pioneered a new concept in fixed annuities, the Security Benefit RateTrack Annuity. Designed to offer a floating rate of interest, the RateTrack Annuity allows you to benefit automatically if interest rates rise during the Guarantee Period of your contract. Interest is calculated and credited on a combination of a fixed interest rate and a floating rate based on the 3 Month ICE LIBOR USD rate that adjusts annually as broader rates change. The fixed interest rate is established at contract issue and is set for the Guarantee Period of the contract. The floating rate is also set at contract issue, but only for the first contract year.

 

The RateTrack Annuity features: 

 

  • A floating rate fixed annuity available for use within an IRA, Roth IRA, 403(b) rollover or non-qualified contract.

  • Designed for members who have a sum of money they do not want to place in the market – and yet want it to grow with a competitive interest rate that also has the opportunity to increase automatically as interest rates increase – and who also do not need access to these funds for the term of the Guarantee Period.

 

Helpful Resources

 

 

*Not available in New York.

 

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

 

 

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 and not a condition of the provision or term of any banking service or activity.

 

The Security Benefit RateTrack Annuity, form ICC15 5300 (12-15) and 5300 (12-15), a single premium deferred fixed annuity, is issued by Security Benefit Life Insurance Company. Product features, limitations and availability vary by state.

 

ICE BENCHMARK ADMINISTRATION LIMITED MAKES NO WARRANTY, EXPRESS OR IMPLIED, EITHER AS TO THE RESULTS TO BE OBTAINED FROM THE USE OF ICE LIBOR AND/OR THE FIGURE AT WHICH ICE LIBOR STANDS AT ANY PARTICULAR TIME ON ANY PARTICULAR DAY OR OTHERWISE.

 

ICE BENCHMARK ADMINISTRATION LIMITED MAKES NO EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE FOR USE WITH RESPECT TO SECURITY BENEFIT RATETRACK ANNUITY.

 

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.

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