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SILAC Secure Savings Elite 5

5-Year multi-year guaranteed annuity · A.M. Best B

Guaranteed Rate
4.75%
Annual · 5-year term
Guaranteed Rate
4.75%
Annual, fixed for term
Locked For
5 years
Surrender period
$100,000 grows to
$126,116
+$26,116 over 5 years

Product Details

Insurance Company SILAC
A.M. Best Rating B Fair · 7th highest of 13
Guaranteed Rate 4.75%
Term Length 5 years
Free Withdrawal · Year 1 0%
Free Withdrawal · Years 2+ 0%
Interest Withdrawals Yes
Min Premium · Non-Qualified $10,000
Min Premium · Qualified (IRA) $10,000
Maximum Premium $500,000
Max Issue Age · Non-Qualified 85
Max Issue Age · Qualified 85
Product Brochure Download PDF →

State Availability

Available in:40 states
Not available in:CA, FL, GU, MA, MD, MN, NJ, NY, OR, PA, PR, VA, VI, WA
View all available states
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At 4.75% for 5 years, $100,000 grows to $126,115.99 (+$26,115.99 in interest)

Year-by-Year Projected Balance

Assumes the contract is held to maturity and interest compounds annually at the locked rate. No withdrawals.

YearStarting BalanceInterest CreditedEnding Balance
Year 1 $100,000.00 +$4,750.00 $104,750.00
Year 2 $104,750.00 +$4,975.63 $109,725.63
Year 3 $109,725.63 +$5,211.97 $114,937.59
Year 4 $114,937.59 +$5,459.54 $120,397.13
Year 5 $120,397.13 +$5,718.86 $126,115.99

The Purchase Process

1Compare & SelectChoose your term and rate.
2Online Pre-AppQuick 5-minute digital form.
3Advisor ReviewA quick call to verify details.
4Direct FundingE-sign and transfer funds.

Application Checklist

Have these items ready to complete your application in one sitting.

Personal IdentificationSocial Security Number and a valid Driver's License or ID.
Beneficiary InfoLegal names, dates of birth, and SSNs for your beneficiaries.
Funding DetailsBank account/routing numbers or statements for 1035 exchanges.
Suitability InfoBasic understanding of your liquid assets and net worth.

About SILAC

SILAC carries an A.M. Best rating of B, an indicator of the company's financial strength and ability to meet its insurance obligations. When you purchase an annuity, your guarantees are backed by the issuing insurance company's claims-paying ability, so carrier strength matters.

What Our Clients Say

4.9
★★★★★
42 verified client reviews
Sourced from BBB · verify on BBB
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★★★★★ BBB
Carl B.

I appreciated Ms. Caudill's speedy service and her honesty. I rate My Annuity Store 5 out of 5.

★★★★★ BBB
E. Clark

Kiara has helped me so much.....knowledgable, patient, and kind. Always follows up with me and is a true professional.

★★★★★ BBB
Joseph B.

Very professional and efficient service. My interactions and follow through with My Annuity Store will lead me to consider further Annuity purchases with them.

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Ready to lock in 4.75%?

Apply online in about 10 minutes, or talk to a licensed agent first.

Prefer to talk on your schedule? Schedule a call →

New to MYGAs? Read the MYGA guide, our tax overview, or how surrender charges work.

Live rate feed Last updated May 26, 2026. Rates refresh every 6 hours via the AnnuityRateWatch API. Subject to change without notice.

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