Secured Rate Annuity
If you’d like a copy of the SRA brochure, contact one of The Standard’s annuity specialists at (800) 247-6888.
The SRA offers growth potential while providing safeguards to protect your hard-earned savings. The SRA is an ideal savings vehicle if you are seeking the benefits of tax-deferred growth, principal protection and generous access to funds.
If you are age 90 or younger, you can establish an SRA with a premium amount of your choice, ranging from $15,000 to $1,000,000 (or more with prior home-office approval). Additional premiums will be accepted within the first 90 days of the contract and will receive the interest rate in effect at the time the premium is received in the home office.
You or your beneficiary will never receive less than 100% of your premium paid, net of withdrawals and TSA loans (including applicable interest) taken.
If you’d like a copy of the SRA brochure, contact one of The Standard’s annuity specialists at (800) 247-6888.
Your premium will be credited a guaranteed interest rate during the guarantee period — the first one, three, five or six years of the contract, depending on the option you choose. After the guarantee period, the premium will receive a renewal rate based on the current interest-rate environment.
Your contract will include a minimum guaranteed rate, below which your renewal rate will never fall.
On the SRA 1 only, the premium payment is credited 1% additional interest for one year from receipt in the home office. Also on the SRA 1 only, at the end of the seventh year the annuity will be credited 1% of the initial premium amount; at the end of each subsequent year the annuity will be credited 0.25% of the initial premium amount.
On the SRA 1 only, in years two through five, the premium payment is assigned a bailout of 1% less than the initial rate; in year six, it is assigned a bailout of 2% less than the initial rate. If your crediting rate falls below the bailout rate, you may withdraw funds without a surrender charge.
You may withdraw all or a portion of your annuity funds at any time. However, surrender charges may apply to withdrawals taken during the surrender period. The surrender charges below represent a percentage of the annuity’s balance.
| Year | 1 | 2 | 3 | 4 | 5 | 6 | |||
| Charge | 7% | 7% | 7% | 6% | 5% | 3% |
| Year | 1 | 2 | 3 | ||||||
| Charge | 9% | 8% | 7% |
| Year | 1 | 2 | 3 | 4 | 5 | ||||
| Charge | 9% | 8% | 7% | 6% | 5% |
| Year | 1 | 2 | 3 | 4 | 5 | 6 | |||
| Charge | 9% | 8% | 7% | 6% | 5% | 4% |
Withdrawals must be at least $500, and you must maintain a minimum balance of $2,000. Please note that an additional 10% IRS penalty may apply to withdrawals taken before age 59½.
The SRA offers a variety of ways to access funds from your annuity without incurring a surrender charge.
After an initial 30 days, you may receive interest payments without a surrender charge.
After the first contract year, you may annually withdraw up to 10% of the previous-contract-year’s annuity value without a surrender charge.
If your contract is held as an IRA, TSA or other qualified plan, you may receive IRS Required Minimum Distributions without a surrender charge.
Beginning immediately, you may receive 72(t) or 72(q) withdrawals without a surrender charge.
After the first contract year, if you become a nursing home resident for 30 or more consecutive days, or if you incur a terminal condition, you may withdraw from your annuity without a surrender charge.
The nursing home waiver is not available in Massachusetts and state-specific conditions apply to the terminal condition waiver.
At any time, if you convert your SRA into a payout annuity with The Standard and choose either a lifetime or a period-certain option of five years or more, you will begin receiving guaranteed income payments without a surrender charge. On the SRA 3 only, there is a bonus of 2% of the annuity’s value credited when you annuitize the contract after the fourth year, choosing one of the options listed above.
From the date you receive your annuity contract, you have 30 days to consider your decision. If you decide to terminate the transaction during the 30 days, we will return your premium.
Since 1906, The Standard has been dedicated to treating customers with integrity — a philosophy that results in strong financial strength ratings.
The FRA offers growth potential while providing safeguards to protect your hard-earned savings. The FRA is an ideal savings vehicle if you are seeking the benefits of tax-deferred growth, principal protection and generous access to funds. Few taxable investments can provide this blend of safety, growth and flexibility.
If you are age 90 or younger, you can establish an FRA with a premium amount of your choice, ranging from $15,000 to $1,000,000 (or more with prior home-office approval). Additional premiums will be accepted within the first 90 days of the contract and will receive the interest rate in effect at the time the premium is received in the home office.
If you’d like a copy of the FRA brochure, contact one of The Standard’s annuity specialists at (800) 247-6888.
You or your beneficiary will never receive less than 100% of your premium paid, net of withdrawals and TSA loans (including applicable interest) taken.
Your premium will be credited a guaranteed interest rate for one year. (The announced rate includes a 2% bonus.) After the guarantee period, the premium will receive a renewal rate based on the current interest-rate environment.
Your contract will include a minimum guaranteed rate, below which your renewal rate will never fall.
The premium payment is credited 2% additional interest for one year from receipt in the home office.
You may withdraw all or a portion of your annuity funds at any time. However, surrender charges may apply to withdrawals taken during the surrender period. The surrender charges below represent a percentage of the annuity’s balance.
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | ||
| Charge | 9% | 8% | 7% | 6% | 5% | 4% | 2% |
Withdrawals must be at least $500, and you must maintain a minimum balance of $2,000. Please note that an additional 10% IRS penalty may apply to withdrawals taken before age 59½.
The FRA offers a variety of ways to access funds from your annuity without incurring a surrender charge.
After an initial 30 days, you may receive interest payments without a surrender charge.
After the first contract year, you may annually withdraw up to 10% of the previous-contract-year’s annuity value without a surrender charge.
If your contract is held as an IRA, TSA or other qualified plan, you may receive IRS Required Minimum Distributions without a surrender charge.
Beginning immediately, you may receive 72(t) or 72(q) withdrawals without a surrender charge.
After the first contract year, if you become a nursing home resident for 30 or more consecutive days, or if you incur a terminal condition, you may withdraw from your annuity without a surrender charge.
The nursing home waiver is not available in Massachusetts and state-specific conditions apply to the terminal condition waiver.
At any time, if you convert your FRA into a payout annuity with The Standard and choose either a lifetime or a period-certain option of five years or more, you will begin receiving guaranteed income payments without a surrender charge.
From the date you receive your annuity contract, you have 30 days to consider your decision. If you decide to terminate the transaction during the 30 days, we will return your premium.
Taxes will be due only when you make withdrawals or begin taking distributions — generally during retirement, when you may find yourself in a lower tax bracket. As a result, interest accumulates on your principal, your earnings and on the money you would otherwise pay in income taxes.
Since 1906, The Standard has been dedicated to treating customers with integrity — a philosophy that results in strong financial strength ratings.
Special annuitization features in the contract can provide a guaranteed income for life or for a specific period of your choice. These options can be used to cover living expenses in your retirement.
Not available in all states, including GA.
The FGA offers optimized growth potential while providing safeguards to protect your hard-earned savings. The FGA is an ideal savings vehicle if you are a growth-focused saver who appreciates the benefits of tax-deferred growth, savings protection and limited access to funds.
If you are age 90 or younger, you can establish an FGA with a premium amount of your choice, ranging from $15,000 to $1,000,000 (or more with prior home-office approval). Additional premiums will be accepted within the first 90 days of the contract and will receive the interest rate in effect at the time the premium is received in the home office.
You or your beneficiary will not receive less than 90% during the surrender period (and 100% after the surrender period) of your account value, net of withdrawals and TSA loans (including applicable interest) taken.
Your premium will be credited a guaranteed interest rate during the guarantee period — the first five or six years of the contract, depending on the option you choose. After the guarantee period, the premium will receive a renewal rate based on the current interest-rate environment.
Your contract will include a minimum guaranteed rate, below which your renewal rate will never fall.
Taxes will be due only when you make withdrawals or begin taking distributions — generally during retirement, when you may find yourself in a lower tax bracket. As a result, interest accumulates on your principal, your earnings and on the money you would otherwise pay in income taxes.
Special annuitization features in the contract can provide a guaranteed income for life or for a specific period of your choice. These options can be used to cover living expenses in your retirement.
You may withdraw all or a portion of your annuity funds at any time. However, surrender charges may apply to withdrawals taken during the surrender period. The surrender charges below represent a percentage of the annuity’s balance.
| Year | 1 | 2 | 3 | 4 | 5 | ||||
| Charge | 8% | 7% | 6% | 5% | 4% |
| Year | 1 | 2 | 3 | 4 | 5 | 6 | |||
| Charge | 8% | 7% | 6% | 5% | 4% | 3% |
Withdrawals must be at least $500, and you must maintain a minimum balance of $2,000. Please note that an additional 10% IRS penalty may apply to withdrawals taken before age 59½.
During the surrender period, an MVA is applied to withdrawals or surrenders that are subject to surrender charges. The MVA is based on changes in the yields on U.S. Treasuries and may increase or decrease your annuity’s surrender value. (The FGA contract details how the MVA is calculated.) Generally, if interest rates have risen since you have purchased your annuity, the MVA will decrease your surrender value. If interest rates have fallen, the MVA will increase your surrender value. During the surrender period, you or your beneficiary will never receive less than 90% (may be higher in some states) of your total premium payments, less any withdrawals.
If you’d like a copy of the FGA brochure, contact one of The Standard’s annuity specialists at (800) 247-6888.
The FGA offers a variety of ways to access funds from your annuity without incurring a surrender charge.
After an initial 30 days, you may receive interest payments without a surrender charge.
If your contract is held as an IRA, TSA or other qualified plan, you may receive IRS Required Minimum Distributions without a surrender charge.
After the first contract year, if you become a nursing home resident for 30 or more consecutive days, or if you incur a terminal condition, you may withdraw from your annuity without a surrender charge.
The nursing home waiver is not available in Massachusetts and state-specific conditions apply to the terminal condition waiver.
At any time, if you convert your FGA into a payout annuity with The Standard and choose either a lifetime or a period-certain option of five years or more, you will begin receiving guaranteed income payments without a surrender charge.
From the date you receive your annuity contract, you have 30 days to consider your decision. If you decide to terminate the transaction during the 30 days, we will return your premium.
Since 1906, The Standard has been dedicated to treating customers with integrity — a philosophy that results in strong financial strength ratings.
The following applies if the annuity is purchased through a bank or a credit union: (a) the annuity is not a deposit; (b) the annuity is not guaranteed by any bank or credit union; (c) the annuity is not insured by the FDIC or any other governmental agency; (d) the purchase of an annuity is not a provision or condition of any bank or credit union activity; and (e) some annuities are subject to investment risk and may go down in value.
Product availability varies by state.
Policies: SRA, SRA-B, SPDA
Riders: SWO-DEF (09/01), R-QPP (09/03), R-EIO (09/03), R-NHB (09/03), R-TCB (09/03), R-TEN (09/03), R-GOP (09/03), ERTSA-DEF (09/01), NERTSA-DEF (09/01), TSALN (09/01), IRA (07/02), Roth IRA (07/02), R-DB (07/04), R-MVA (09/03)
12469 (08/05)