How Eleos Works

A smart choice for safety-conscious individuals seeking financial security.
  • Guaranteed growth
  • Stability of principal
  • Tax deferral
  • Guaranteed lifetime income
Protect Your Future
Whether you’re preparing for retirement or already enjoying retirement, a fixed annuity can be a smart way to safeguard your retirement income with guaranteed returns. Fixed annuities offer guaranteed tax-deferred growth, protection of principal and lifetime income.

Traditional MYGA (multi-year guarantee annuity.)

The interest rate at the time of issue is guaranteed for 5 years, giving policyholders rate certainty. After the 5 year term, the interest rate will be declared annually, but will never reset below the minimum guaranteed rate.

5 Year Surrender Charge term and Market Value Adjustment Period (Eleos MVA).

10% of the premium amount is available penalty free in year 1. In subsequent years, 10% of the account value is available penalty free.

Is the product right for you?

A traditional fixed annuity may appeal to you if:

You wish to protect your retirement savings and earn a fixed rate of interest

You need to rollover a lump-sum payment from a company-sponsored retirement or pension plan.

You want to contribute to an annuity because you’ve already contributed the maximum to your IRA or other qualified plans.

Eleos Annuity Types

Eleos MVA
Traditional MYGA (multi-year guarantee annuity.) with the interest rate guaranteed for five years, giving policyholders rate certainty. After the initial five-year term, the interest rate will be declared annually, but will never reset below the minimum guaranteed rate. Eleos MVA has a five-year market value adjustment period and surrender charge schedule. It allows for 10% penalty free withdrawals providing liquidity during the early withdrawal charge period
Eleos SP
Traditional MYGA (multi-year guarantee annuity.) with the interest rate guaranteed for five years, giving policyholders rate certainty. After the initial five-year term, the interest rate will be declared annually, but will never reset below the minimum guaranteed rate. Eleos SP has a five-year surrender charge schedule. It allows for 10% penalty free withdrawals providing liquidity during the early withdrawal charge period
Contact your broker/agent or Annuity.Marketing@rsli.com for more information.