If you are on the hunt for a safer outlet for your money, you’re not alone. In a time where there is perhaps more market uncertainty than we can ever remember, security counts for a lot. So, with security in mind, how does Security Benefit’s Strategic Growth Annuity measure up?

The primary focus of the Strategic Growth Annuity is exactly what is in the title - growth. And, though there are multiple options available, they all zero-in on finding a way to grow your money. There are very high participation rates here (as high as 130%), on a great performing index. This means you can gain more than 100% of the market return, putting you on a path towards potential financial growth, without riding the stock market roller coaster.

What allows the Strategic Growth Annuity to offer such high growth performance? The aforementioned 130% participation rate offered on the UBS Pioneers Index, as well as the 110% participation rate available on the Wide Moat Index offers you the chance to receive rates that are higher than the actual growth amount.

You have worked far too hard during your life to end up in a tough spot during retirement. Security Benefit’s Strategic Growth Annuity allows you to accumulate assets through strong growth, deferral of taxes, and an elimination of risk. Additionally, with both fixed and indexed interest options available, you can choose between a locked-in rate of growth, or allowing for a safe form of market participation, respectively.

However, keep in mind that while the Strategic Growth Annuity boasts strong growth opportunities, it does not focus on guaranteed income, nor long-term care options. There is no available lifetime income rider, and its long-term care options are very standard. You won’t find any enhanced benefit riders, which other annuities use to offer more money when long-term care is needed.

Overall, if you are looking for a powerful way to grow your assets, while also having protection from the dangers of the stock market, Security Benefit’s Strategic Growth Annuity may be worth the look. Very high participation rates on a great performing index give you the chance to grow your money for a happy retirement. However, if you are looking for the best way to guarantee sources of income for life, or some extra security when it comes to long-term care, there may be better options for you.