Securian Financial Launches AccumuLink™ Advance Registered Index-Linked Annuity

Securian Financial has entered the registered index-linked annuity (RILA) market segment with the launch of its new product, AccumuLink™ Advance, issued by Minnesota Life Insurance Company. The product targets financial professionals seeking competitive options to build retirement portfolios through strategies that balance downside protection with upside potential. AccumuLink Advance allows investors to adjust their risk-return balance over time, which aligns with the growing demand for flexible retirement solutions in the annuity market.

This product introduces unique features that distinguish it from competitors, aiming to attract financial professionals and their clients focused on retirement income security. Registered index-linked annuities like AccumuLink Advance offer exposure to market index performance while incorporating downside protection features, though the product carries risks including potential daily value fluctuations and losses linked to negative index performance or value adjustments.

AccumuLink Advance is available in most U.S. states and the District of Columbia, excluding North Carolina, New York, and Oregon, reflecting typical regulatory and market variations in annuity product availability. The product is designed as a long-term, tax-deferred retirement vehicle, with earnings taxable as ordinary income upon distribution, and potential federal tax penalties if funds are withdrawn early.

Securian Financial underscores the importance of consulting the product prospectus to understand charges, fees, account options, investment objectives, and risks associated with the annuity. The company emphasizes that the annuity is not FDIC or NCUA insured, is not a bank deposit, and may lose value, reinforcing the regulatory requirement to clearly communicate risk disclosures.

The introduction of AccumuLink Advance aligns with current market trends showing increased interest in RILAs for retirement planning, which offer a hybrid approach balancing growth potential with principal protection. Securian Financial's entrance into this segment expands the product landscape for financial advisors looking for flexible retirement income solutions.

This launch is part of Securian Financial's ongoing strategy to deliver innovative insurance and retirement products, leveraging its long-standing experience and financial strength. Founded over 140 years ago, Securian serves over 23 million customers across the U.S. and Canada, providing a broad platform for distribution through employers, financial professionals, and affinity groups.

For further engagement, Securian Financial provides a dedicated annuity sales team to assist financial professionals in understanding the product features and suitability for clients. The company also maintains clear disclosures on the investment risks, tax considerations, and regulatory status of the annuity, aligning with compliance best practices.

This product introduction is consistent with broader insurance industry efforts to address evolving retirement needs amid complex regulatory environments and market conditions. The emphasis on flexible risk management features within AccumuLink Advance reflects growing client demand for customizable retirement planning tools.

Overall, the market entry of AccumuLink Advance marks a significant development in the registered index-linked annuity space, providing financial professionals with a new instrument to help clients mitigate downside risks while capturing market upside potential in their retirement portfolios. Continued monitoring of product adoption and performance will be relevant for understanding impact on annuity market dynamics.