![]() We do business as Annuity Resources Insurance Services in CA. The outlook for both ratings is negative. ![]() We focus on selling MYGAs, SPIAs, and DIAs and refer those interested in other types of annuities to other insurance agencies when possible. Best has affirmed the financial strength rating of B++ (Good) and issuer credit rating of 'bbb' of Sentinel Security Life Insurance Company (Sentinel Security Life) (Salt Lake City, UT) OTCBB: SENI. Annuity Resources, LLC is a licensed fixed annuity producer in most states. Annuities are distributed by Annuity Resources, LLC. They may offer an annuity to you for sale. When you contact us you may speak with a licensed insurance agent in your state. Please contact us to receive the latest brochure. Annuity information on this site may not be current or applicable in your state. The materials, names, logos, brochures, etc used in our annuity reviews are property of their owners and not those of. Product availability varies based on the state you live. The reviews and annuity information on this website may not be current and may not apply in the state you live in. If you aren’t contracted yet, contact us at 88. ![]() All guarantees are backed by the claims-paying ability of the insurance company. For currently contracted producers, All of the product brochures, quick sheets, and forms are available to order, download or print from Sentinel Security Life Insurance Company’s Agent Portal. Annuities are not offered by the US Government, not government-guaranteed, and are not FDIC insured. Please consult with a qualified financial planner, advisor, tax, and legal advisor to determine if an annuity is right for your situation. This website is not intended to be a recommendation for you to purchase an annuity. Please work with a qualified specialist.ĭISCLAIMER: The information on this website is for educational purposes only. Headquarters Salt Lake City, Utah Type Privately Held Founded 1948 Specialties Final Expense, Annuity, Life Insurance, Funeral Expense, Whole Life, Senior Market, Hospital Indemnity. Interest would be taxed, but the principal would not. All investment amounts receive the same rate. Non-qualified withdrawals have been taxed already, so only interest is taxed. 2,500 - 1,000,000 Rate Banding No banding. If you withdrawal money that has never been taxed, withdrawals are 100% taxable. ![]() If your elected beneficiary is your spouse he/she can take the accumulated value without surrender charges at time of death.Īnnuities typically grow tax-deferred. The cash surrender value includes a possible surrender charge and market value adjustment unless they wait until the contract term ends. If you pass away before the end of your annuity contract, your beneficiaries will receive the cash surrender value. If you do nothing, the contract renews for the same term and rates effective at that time. Withdrawal any amount free of charges and fees.Ģ. The SOFR rate is a benchmark rate used throughout the world. This product is only available in the following states (MN).ģ0 Days prior to the end of your contract term, you will have the option to choose from the following.ġ. SOFR: The Guaranteed Income Annuity’s interest rate is calculated by utilizing a participation rate of the Secured Overnight Financing Rate, or SOFR rate. Personal, Traditional IRA, Roth IRA, SEP-IRA, SIMPLE-IRA, 403(b). ![]()
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