ST. PAUL, Minn.--(BUSINESS WIRE)--Securian Financial Group has added four new annuity solutions to its suite of products designed to help financial advisors meet their clients’ retirement income needs.
“The number of Americans seeking retirement income guarantees increases literally every day,” said Chris Owens, Securian’s national sales vice president for retail life insurance and annuities. “Securian’s new solutions give financial advisors more options to meet this growing need.”
SecureLink Future: Fixed Indexed Annuity
Securian is adding
a fixed indexed annuity—SecureLink Future™—to its product
lineup. For clients seeking retirement asset growth plus the protection
of guarantees, SecureLink Future provides:
- Four account options to allocate purchase payments
- Indexed accounts linked to indices from S&P 500® and Barclays
- Choice of seven or nine year surrender charge periods
Achiever Lifetime Income: Guaranteed Lifetime Withdrawal Benefit for
SecureLink Future
Advisors can offer clients more guarantees,
along with flexible access to their SecureLink Future annuity, with
Achiever Lifetime Income—an optional guaranteed lifetime withdrawal
benefit (GLWB). Available at contract issue for an additional cost,
Achiever Lifetime Income provides:
- Guaranteed annual income of 3.5 percent to 7 percent of the benefit base (single), or 3 percent to 6.5 percent (joint)
- An 8 percent enhancement added to the benefit base in each year with no withdrawals during the first 10 years
- A 200 percent benefit base guarantee if no withdrawals are taken in the first 10 years
Premier Protector: Accelerated Death Benefit with Spending Flexibility
Premier
Protector is a unique variable annuity optional death benefit available
at contract issue for an additional cost. Beyond protecting and growing
assets for beneficiaries, Premier Protector allows a client to
accelerate access to the death benefit upon experiencing a permanent
chronic or terminal illness. Once accelerated, the client has complete
flexibility in how the benefit proceeds are spent.
MultiOption Advantage: Variable Annuity for Fee-Based Platforms
Securian
has developed MultiOption® Advantage—a new variable annuity
for fee-based platforms—for advisors and broker-dealers interested in
diversifying their variable annuity product offerings.
Advisors can learn more about Securian’s expanded suite of annuity solutions by calling the company’s sales desk at 1-866-335-7355.
ABOUT SECURIAN FINANCIAL GROUP
Since
1880, Securian
Financial Group and its affiliates have provided financial security
for individuals and businesses in the form of insurance, investments and
retirement plans. Now one of the nation’s largest financial services
providers, Securian is the holding company parent of a group of
companies that offer a broad range of financial services.
Annuities are issued by Minnesota Life.
An annuity is intended to be a long-term, tax deferred retirement vehicle. Earnings are taxable as ordinary income when distributed, and if withdrawn before age 59½, may be subject to a 10% federal tax penalty. If the annuity will fund an IRA or other tax qualified plan, the tax-deferral feature offers no additional value. Qualified distributions from a Roth IRA are generally excluded from gross income, but taxes and penalties may apply to non-qualified distributions. Please consult a tax advisor for specific information. There are charges and expenses associated with annuities, such as deferred sales charges for early withdrawals. Variable annuities have additional expenses such as mortality and expense risk, administrative charges, investment management fees and rider fees. Variable annuities are subject to market fluctuation, investment risk and loss of principal.
Guarantees are subject to the financial strength and claims-paying ability of the issuing insurance company. Please consult with your firm before providing any products/services or materials listed here. Some products and optional features may not be available in all states and features may vary by state.
The Premier Protector Death Benefit is not long term care or nursing home insurance. Individuals may not elect this benefit if they are currently in a nursing home, skilled nursing facility or unable to perform any one of the six ADLs. Please review the prospectus for additional information on the ADLs. Withdrawals or surrender of contract value during the acceleration period will be subject to taxation in the same manner as any other withdrawal. Individuals may wish to consult a tax advisor before electing to accelerate the benefit. Variable products are not available in New York.
The Achiever Lifetime Income optional benefit establishes a Benefit Base for calculating guaranteed annual income. The Benefit Base provides no minimum contract value and is not available for withdrawal. Withdrawals exceeding allowed guidelines, or taken before the Benefit Date, may have a negative impact on the guarantees of this optional benefit. Optional benefits are available for an additional cost.
The indexes are not available for direct investment.
S&P® is a registered trademark of Standard & Poor’s Financial Services LLC (“S&P”) and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). The forgoing trademarks have been licensed for use by S&P Dow Jones Indices LLC. S&P® and S&P 500® are registered trademarks of S&P and have been licensed for use by S&P Dow Jones Indices LLC and Minnesota Life Insurance Company (“Minnesota Life”). The S&P 500® index is a product of S&P Dow Jones Indices LLC and has been licensed for use by Minnesota Life. Minnesota Life Indexed Annuities are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates and neither S&P Dow Jones Indices LLC, Dow Jones, S&P nor their respective affiliates make any representation regarding the advisability of investing in such product(s). Index performance, if shown, does not include dividends.
Barclays Bank PLC and its affiliates (“Barclays”) is not the issuer or producer of Minnesota Life Insurance Company (“Minnesota Life”) Indexed Annuities and Barclays has no responsibilities, obligations or duties to contract owners of Minnesota Life Indexed Annuities. The Barclays All Caps Trailblazer 5 Index is a trademark owned by Barclays Bank PLC and licensed for use by Minnesota Life as the Issuer of Minnesota Life Indexed Annuities. While Minnesota Life may for itself execute transaction(s) with Barclays in or relating to the Barclays All Caps Trailblazer 5 Index in connection with Minnesota Life Indexed Annuities, contract owners acquire Minnesota Life Indexed Annuities from Minnesota Life and contract owners neither acquire any interest in Barclays All Caps Trailblazer 5 Index nor enter into any relationship of any kind whatsoever with Barclays upon making an investment in Minnesota Life Indexed Annuities. The Minnesota Life Indexed Annuities are not sponsored, endorsed, sold or promoted by Barclays and Barclays makes no representation regarding the advisability of the Minnesota Life Indexed Annuities or use of the Barclays All Caps Trailblazer 5 Index or any data included therein. Barclays shall not be liable in any way to the Issuer, contract owners or to other third parties in respect of the use or accuracy of the Barclays All Caps Trailblazer 5 Index or any data included therein.
Variable annuities are sold by prospectus. You should consider the investment objectives, risks, charges, and expenses of a portfolio and the variable insurance product carefully before investing. The portfolio and variable insurance product prospectuses contain this and other information. You may obtain a copy of the prospectus from your representative. Please read the prospectus carefully before investing.
DOFU 11-2016
80687
