Security Benefit

Security Benefit is a Kansas-based financial services company that provides investment and retirement solutions through independent financial representatives.

Security Benefit has approximately $30 billion in assets under management and distributes its products through a network of 27,000 financial advisors.

Security Benefit Life Insurance Company is the provider of Security Benefit's annuity offerings. Annuity products offered by Security Benefit include both fixed annuities and variable annuities.

Security Benefit was acquired in 2010 by a group of private equity investors led by Guggenheim Partners.

Security Benefit Product Reviews
Product Review of Security Benefit Choice Annuity: "Looking at a fixed annuity like the Choice product from Security Benefit may..." Product Review of Variflex Variable Annuity : "Security Benefit provides an interesting subaccount option with the Variflex..." Product Review of Security Benefit Foundations 7: "Indexed annuities with living benefit features add a new and interesting..."

Products Offered
Advance Designs Variable Annuity Advance Designs Variable Annuity New York Advisor Designs Variable Annuity Advisor Designs Variable Annuity New York Elite Designs Variable Annuity Elite Designs Variable Annuity New York NEA Valuebuilder Select NEA Valuebuilder Variable TSA Premier Choice Annuity (New York) Secure Designs Variable Annuity Secure Designs Variable Annuity New York Security Benefit Choice Annuity Security Benefit Foundations 5 Security Benefit Foundations 7 Variflex LS Variflex Variable Annuity

Products Offered

General Information
Website	www.securitybenefit.com
Type	Insurance Company
Founded
Ownership
Country	USA

Contact Information
Address	One Security Benefit Place Topeka, KS 66636-0001
Phone	800-888-2461
Fax

Information & Articles about Security Benefit

Average Social Security Benefit Increases to $1,229 per Month

The first Social Security cost of living adjustment (COLA) since 2009 will go into effect in January 2012.

Social Security beneficiaries will receive a 3.6 percent cost of living adjustment beginning in January. This 3.6 percent increase is equivalent to an average of $43 per month for each program participant.

This is welcome news to 55 million program beneficiaries—many of whom are largely reliant on Social Security.

After the increase, the average monthly Social Security benefit will be $1,229.

Will You be Able to Retire?

Roughly 10,000 Americans will retire each day for the next nineteen years. Many millions of these retirees will have financial profiles that are considered statistically average.

What, exactly, does it mean to be financially average, and what might retirement look like for the average person or household? How might the financial aspects of retirement play-out for you, your parents, or your family and friends?

Reverse Mortgage Data

There is a case to be made for home equity as the most important source of retirement funding in the United States, and this would seem to make the reverse mortgage a critically important consumer financial product since the reverse mortgage allows an individual to convert home equity into cash.

The reason is that home equity represents a significant portion of the net worth of most retirement age households in the United States. Consider, for example, some of the following statistics:

Key Phrases:

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