Blog

Security Benefit has had the annuity with the highest income payout for the last two years.  Anyone looking for future income from a deferred annuity would be able to get the highest payout using the SIA product.

One of the drawbacks to this product has been that it is not available some states, Connecticut being one of them. This means that a person living in Connecticut could not have access to the product unless they signed all the documents while in a state that the product was approved in.  Security Benefit has now obtained approval for the SIA to be sold to residents of Connecticut. Read more

Security Benefit has had the annuity with the highest income payout for the last two years.  Anyone looking for future income from a deferred annuity would be able to get the highest payout using the SIA product.

One of the drawbacks to this product has been that it is not available some states, Connecticut being one of them. This means that a person living in Connecticut could not have access to the product unless they signed all the documents while in a state that the product was approved in.  Security Benefit has now obtained approval for the SIA to be sold to residents of Connecticut.

The products bonus is smaller in CT at 2% but the bonus of a product really does not mean much when it comes to the bottom line.  The SIA product with a 2% bonus will stay pay a larger future income than any other income product and this includes all the big names such as NY life, Allianz, Met Life, Aviva, NorthWestern Mutual, etc…..

Compare the attached income quote to the same quote from any other company to see what I mean.   This is an illustration for a 60 year old male who puts $200000 in the SIA product and takes income in 15 years at age 75.  Security Benefit will payout $36,585.00 a year at age 75. The payout number is guaranteed.  Compare this payout to any other companies guaranteed payout and you will see the difference.

Security Benefit SIA 60 year male 200K example

There are more people than ever looking to use a lump sum of money to create a guaranteed future income stream.  Fixed Indexed annuities are usually the most predictable way to do this and they also offer the highest future guaranteed life payouts.

As a result, there are a number of companies offering these types of products and there are even more people selling them.  This includes brokers, insurance agents, CPA’s and CFP’s.  The fact that they put their clients in anything other than the Security Benefit Secure Income Annuity is disturbing.  Why do I say that?  The reason is that the Security Benefit product has the highest guaranteed payout.   Simply put, they pay a higher income payment than any other company. There is not a trick to the comparison. Its very simple, if you give a company an amount of money, how much will they pay you as an income stream at a future date?  Security Benefit always wins. Read more