Unbiased SILAC Teton 7 Review
The SILAC Teton 7 is a 7 year fixed index annuity that provides principal protection, upside potential, and enhanced liquidity features. This annuity has no riders or fees and is designed to be a safe accumulation vehicle.
The SILAC Teton 7 Annuity may be a good fit for you if you are looking for a retirement savings vehicle that earns more than current fixed annuity rates or CD rates and want your principal to be protected.
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SILAC Teton 7 Historical Rate of Returns Reviewed
The below rate of returns is based on hypothetical backtesting using the most recent 10 year period.
The first rate of return is the average rate of return for the most recent 10 year period, followed by the best 10-year annual average, and finally, the last number you see is the average annual rate for the worst 10 year period.
SILAC Teton 7 Hypothetical Report Top 4 Allocations
SILAC Teton 7 Rate of Return
1-Year Barclays Atlas 5 PTP Spread
Recent (NAIC) – 6.57% | 7% | 5.91%
1-Year Barclays Atlas 5 PTP Par Rate
Recent (NAIC) – 6.28% | 6.75% | 5.73%
1-Year S&P 500 PTP Monthly Avg Spread
Recent (NAIC) – 3.87% | 3.87% | 0.97%
1-Year S&P 500 PTP Monthly Avg.
Par Rate
Recent (NAIC) – 3.57% | 3.65% | 1.54%
1-Year S&P 500 PTP Monthly Avg. Cap
Recent (NAIC) – 3.21% | 3.35% | 2.24%
1-Year S&P 500 PTP Monthly Sum Cap
Recent (NAIC) – 5.18% | 5.18% | 2.42%
1-Year S&P 500 PTP Par Rate
Recent (NAIC) – 3.81% | 3.81% | 2.72%
1-Year S&P 500 PTP Cap
Recent (NAIC) – 3.13% | 3.34% | 2.88%
1-Year Credit Suisse RavenPack PTP Spread
Recent (NAIC) – 6.87% | 7.28% | 5.87%
1-Year Credit Suisse RavenPack PTP
Par Rate
Recent (NAIC) – 6.72% | 7.1% | 5.76%
1-Year Fixed Guaranteed Rate: 2.25%
SILAC Teton 7 Reviewed: Product Specifics
The SILAC Teton 7 has four uncapped index crediting strategies; I’ve listed the hypothetical average rate of return for the most recent 10 years for each below. Click this link if you would like to view the SILAC Teton 7 Annuity Quote Report in full.
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Product Specifics:
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This supplemental report must be accompanied by a complete Disclosure Document and Buyer’s Guide from the respective insurer.
Data and Assumptions
This report is based upon information obtained from Annuities Genius, various insurers, and/or you. Data shown in this report is obtained from sources that Annuities Genius considers reliable and current, but Annuities Genius cannot guarantee that such data will not change at the discretion of the insurer. This report does not constitute a recommendation of any
particular annuity product.
Please review the entire Disclosure Document and Buyer’s Guide provided with your annuity contract for complete details and information about this annuity. Product features, limitations, fees, and availability may vary by state.
Independent rating services evaluate insurance company financial strength. The ratings relate to an insurance company’s ability to meet its claims and guarantees. The ratings do not apply to the safety or performance of any specific insurance product. The ratings are as of the date of this report and are subject to change.
Annuity and insurance product rates, guarantees, and death benefits are based on the financial strength and claims-paying ability of the issuing company.
Early withdrawals or surrender of the annuity can result in a withdrawal or surrender charge and will be subject to ordinary income taxes. In some instances, annuities may be subject to a market value adjustment. In addition to being taxed as ordinary income, if withdrawals are taken prior to age 59 1/2, they can also be subject to a 10% federal early withdrawal tax.
Bonus annuities may include higher surrender charges, longer surrender periods, lower caps, higher spreads, or other restrictions that are not included in similar annuities that don’t offer a bonus feature.
Annuities Genius does not provide tax or legal advice. The information contained in this report should be used for informational purposes only. The appropriate professionals should be consulted on all legal and tax matters prior to or in conjunction with the implementation of any strategy.
This is an independent SILAC Teton 7 review, not a recommendation or solicitation to buy or sell an annuity. SILAC has not endorsed this product review in any fashion and we don’t receive any compensation from it. Be sure to do your own due diligence, we recommend consulting with a properly licensed tax, legal or financial professional regarding any questions you may have prior to making any purchasing decision.
Values shown are not guaranteed unless specifically stated otherwise. Rates and annuity payout rates are subject to change. Actual values may be higher lower than the values shown. The illustration is not valid without all 18 pages and the statement of understanding. Not available in all states.
Annuities are subject to the terms and conditions of the specific contract issued by the insurer, are not FDIC or NCUA insured, are not bank guaranteed, may lose value, and are not a deposit. Please call (855) 583-1104 if you have any questions or concerns.