Security Benefit Total Interest Annuity
Available for use within a 403(b) or an IRA
For members who primarily want protection from market risk
The current economic outlook may have you concerned about your retirement savings. Market risks and potential downturns could make it difficult to retire like you want. That's why you should ensure a portion of your retirement savings is guaranteed with the Total Interest Annuity.
Protect Your Principal
The Total Interest Annuity is not subject to market risk, meaning you receive at least a guaranteed minimum rate of interest regardless of what happens in the market. Your principal is guaranteed by Security Benefit Life Insurance Company, which has been helping people build financial security for more than 120 years.
Direct Your Contributions or Transfers
Contribute through your 403(b) retirement account. You may also choose to transfer assets from other investments, such as your employer plan or IRA, to the Total Interest Annuity.
The Total Interest Annuity credits interest rates that are guaranteed for a year, regardless of market conditions. First year contributions earn an additional bonus interest rate.* The guaranteed minimum interest rate (GMIR) allows you to save for retirement with confidence, knowing that if future rates decline - you'll still earn at least the GMIR.
If you're concerned about market volatility and the potential consequences to your retirement savings, you should consider having a portion of your savings guaranteed. Direct your contributions to the Total Interest Annuity today. Protect more of your retirement assets with a rollover or in-service transfer to the Total Interest Annuity.
Speak to your NEA Retirement Specialist to learn more about adding this product to your portfolio.
Product Brochure (PDF)
Rate Sheet (PDF, overview of returns on investments)
All guarantees provided in the contract, including the Guaranteed Minimum Interest Rate, are provided by Security Benefit Life Insurance Company (SBL). Guarantees are subject to SBL's financial strength.
*In lieu of the Bonus Rate, for Texas contracts, the first year Current Interest Rate will include additional guaranteed interest equivalent to the current Bonus Rate. Guaranteed Minimum Interest Rates (GMIR) vary by state. If the contract's GMIR exceeds any of the rates disclosed above, the GMIR will prevail.
This web page relates to contract form 5100 (2-11). Product features and availability will vary by state. The contract is issued by Security Benefit Life Insurance Company and has limitations. Call our Service Center at 800.888.2461 for complete details.
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.
This product is not available in all states.
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.