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Securian Financial

Optional living benefits

Growth and protection go hand in hand

For clients seeking additional lifetime income or accumulation guarantees, optional living benefits are available to enhance their contract's growth and protection opportunities.

Optional lifetime income benefits

MyPath Lifetime Income suite

The MyPath Lifetime Income suite of GLWBs provide guarantees for a variety of client scenarios – whether they are ready to take income now, will need income soon, or won’t need income for several years.

MyPath product comparison

  Edge Horizon Journey
Market Opportunity Income now with Level and Plus income options Income soon Income later
Ages 55-85 45-80 45-80
Cost 1.50% 1.50% 1.50%
Benefit Base Reset Annual Annual Annual
Benefit Base Enhancement n/a 6%

Based on Contract Anniversary

  • 1-4: 5%
  • 5-8: 10%
  • 9-12: 15%
Enhancement period n/a 8 years 12 years
Asset Allocation 100% SFT Core Bond – Class 2 Select Managed Volatility Portfolios Select Managed Volatility Portfolios
Availability MultiOption Guide B Series 
MultiOption Guide B Series
MultiOption Guide B Series
Product documents

Accumulation benefit

SureTrack Plus 90

SureTrack Plus 90 is for clients who want upside potential and downside protection.

Benefit: Provides a guaranteed minimum contract value available at the Benefit Date

Growth Protection: Plus 90 Opportunity and Optional Reset

Cost: 1.30%

Issue ages: 80 or younger

Asset allocation: Multiple options available

Product documents:


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An annuity is intended to be a long-term, tax-deferred retirement vehicle. Earnings are taxable as ordinary income when distributed, and if withdrawn before age 59½, may be subject to a 10% federal tax penalty. If the annuity will fund an IRA or other tax qualified plan, the tax deferral feature offers no additional value. Qualified distributions from a Roth IRA are generally excluded from gross income, but taxes and penalties may apply to nonqualified distributions. Please consult a tax advisor for specific information. There are charges and expenses associated with annuities, such as surrender charges (deferred sales charges) for early withdrawals. Variable annuities have additional expenses such as mortality and expense risk, administrative charge, investment management fees and rider fees. Variable sub-accounts of annuities are subject to market fluctuation, investment risk and loss of principal.

The MyPath suite of optional living benefits establishes a Benefit Base for calculating guaranteed annual income. The Benefit Base provides no minimum contract value or investment return and is not available for withdrawal. Withdrawals exceeding allowed guidelines, or taken before the Benefit Date, may have a negative impact on the guarantees of these optional living benefits. All withdrawals will reduce the Contract Value. These benefits cannot be canceled and require use of an approved asset allocation strategy. The guarantees are subject to the financial strength and claims paying ability of Minnesota Life. The guarantees have no bearing on performance of the variable investment options. These benefits are available on a single or joint life basis for an additional cost with a variable annuity and are based on state approval.

The SureTrack Plus 90 optional benefit establishes an Accumulation Base for calculating a minimum value available on the Benefit Date. Other than on the Benefit Date, the Accumulation Base provides no minimum contract value or investment return and is not available for withdrawal or payable at death. If on the Benefit Date the Accumulation Base is less than the contract value, the benefit terminates with no adjustment to contract value. The benefit requires use of an approved asset allocation strategy. Acceptance of future purchase payments is limited while this optional benefit is in effect. 

Optional living benefits are available at an additional cost.

We reserve the right to limit or discontinue acceptance of future purchase payments after the contract is issued. This may limit the ability to increase the contract value through additional purchase payments. If an optional benefit is elected in the contract, this may also limit the ability to increase the value used to calculate the optional benefit.

Some products and optional features may not be available in all states and features may vary by state. Variable products are not available in New York. Not all products, features and optional benefits are available from all selling broker-dealers and certain products may not be sold in combination. Please consult with your firm before providing any products/services or materials listed here.

Variable annuities are sold by prospectus. Your clients should consider the investment objectives, risks, charges and expenses of a portfolio and the variable insurance product carefully before investing. The portfolio and variable insurance product prospectuses contain this and other information.

DOFU 7-2021