ST. PAUL, Minn.–Securian Financial Group has launched a new Guaranteed Minimum Accumulation Benefit (GMAB) to help clients potentially grow their retirement assets without risking their initial investment. Securian’s SureTrack Plus 90 may be a good fit for clients who are at least 10 years from retirement and looking for market participation with a base guarantee.
SureTrack Plus 90 is available for use with select variable annuities for an additional cost. On the benefit date, clients are guaranteed a contract value that equals their total purchase payments or 90 percent of the highest anniversary contract value, whichever is greater (adjusted for withdrawals).
“An overarching trend in retirement planning is that clients are seeking guarantees,” said Linda Sonterre, Securian’s director of individual annuity product development. “Clients recognize that investing in the market can potentially help them grow their retirement assets faster, but they want guarantees protecting their investments when market performance slips. SureTrack Plus 90 is designed to meet this need, offering clients both guarantees and growth potential.”
Variable annuities are issued by Minnesota Life Insurance Company and distributed through Securian Financial Services, Inc. Member FINRA/SIPC. Variable annuities and the SureTrack Plus 90 guaranteed minimum accumulation benefit are available through advisors who have selling agreements with Minnesota Life Insurance Company. For more information, advisors may call the company’s annuity sales desk at 1-866-335-7355 or visit https://advisor.securian.com/avs/ibd.
Since 1880, Securian Financial Group and its affiliates have provided financial security for individuals and businesses in the form of insurance, investments and retirement plans. Now one of the nation’s largest financial services providers, Securian is the holding company parent of a group of companies that offer a broad range of financial services.