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Scarborough Alliance Group Scarborough Advantage Variable Annuity Security Benefit Life Insurance Company A Division of Nonmember Financial Corporation BENEFICIARY DESIGNATION FORM Local Unions Savings
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How to fill out Scarborough Advantage Variable Annuity:

01
Start by gathering all necessary information. This may include personal details such as your name, address, and Social Security number, as well as financial information like your income and investment goals.
02
Review the annuity contract thoroughly. Understand the terms and conditions, fees, and any potential risks associated with the Scarborough Advantage Variable Annuity. It's crucial to have a clear understanding of what you are investing in.
03
Complete the application form accurately. Provide all requested information, making sure to double-check that it is correct and up to date. Mistakes or omissions could lead to delays in processing your application.
04
Determine the contribution amount. The Scarborough Advantage Variable Annuity often requires a minimum initial investment. Decide on the amount you wish to contribute and ensure that it aligns with your investment objectives.
05
Consider any optional features or riders. The Scarborough Advantage Variable Annuity may offer additional features or riders that can enhance your annuity contract. Evaluate whether any of these options align with your financial goals and select them accordingly.
06
Consult with a financial advisor. If you are uncertain about certain aspects or need guidance throughout the application process, consider seeking advice from a qualified financial professional. They can help ensure that the Scarborough Advantage Variable Annuity is suitable for your specific needs.

Who needs Scarborough Advantage Variable Annuity:

01
Individuals looking for long-term financial security. The Scarborough Advantage Variable Annuity is designed to provide a steady income stream during retirement, making it suitable for individuals seeking to secure their financial future.
02
Those who want to diversify their investment portfolio. Scarborough Advantage Variable Annuity allows you to invest in a variety of assets, potentially reducing risk by spreading investments across different sectors and asset classes.
03
Individuals with a high-risk tolerance. This annuity offers the potential for higher returns, but also comes with market-related risks. If you are comfortable with market fluctuations and have a higher risk tolerance, the Scarborough Advantage Variable Annuity may be a suitable option.
04
People looking for tax advantages. Annuities can offer certain tax advantages, such as tax-deferred growth on investment earnings. If you are seeking to maximize your tax benefits, the Scarborough Advantage Variable Annuity may be worth considering.
Please note that this is general information and it is always recommended to consult with a financial advisor to determine whether Scarborough Advantage Variable Annuity is the right fit for your individual financial situation and goals.
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Scarborough Advantage Variable Annuity is a type of investment product that allows individuals to invest in a variety of different funds in order to grow their retirement savings.
Individuals who hold a Scarborough Advantage Variable Annuity are required to report it on their income tax returns.
To fill out Scarborough Advantage Variable Annuity, individuals need to gather information on the investment funds held within the annuity and report any income generated.
The purpose of Scarborough Advantage Variable Annuity is to provide individuals with a tax-advantaged way to save for retirement and potentially grow their investments.
Individuals must report any income earned within the Scarborough Advantage Variable Annuity, as well as any withdrawals or contributions made.
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