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Benefits Overview
 

Benefits Overview

SGI offers a benefit program that lets you create the plan that works best for you, your financial situation and individual needs. The program includes:

Taking Care of You

Medical Insurance

  • SGI covers more than 90% of the medical benefit premium. We offer a wide range of services including doctor visits, preventative care, maternity care, mental health and substance abuse services, hospitalization and prescription drug programs. Our coverage plan also includes a discount program for alternative therapies including acupuncture, massage therapy, chiropractic care and registered dieticians.
  • The vision care plan includes dollar allocation for annual comprehensive vision examinations, lenses, frames and contact lenses.
  • SGI provides dental coverage at no cost to its employees or associates.
  • Our flexible spending plan allows you to lower taxable income by setting aside money on a pre-tax basis to reimburse yourself for eligible medical, dental and vision expenses.

Insurance

  • SGI sponsors long- and short-term disability (LTD) benefit plans.
  • SGI pays for associate life insurance coverage.
  • The Dependent Care FSA lets you lower taxable income by reimbursing yourself for eligible day care expenses.

401(k) Savings Plan

The SGI 401(k) Savings Plan is a long-term savings plan designed to provide financial security for associates in retirement.

Paid Time Off

Paid Time Off (PTO) is an all purpose time-off policy for you to use for vacation, illness or injury and personal business. It combines traditional vacation, personal days and sick leave plans into one flexible, paid time-off policy.

Community Service

The SGI volunteer program is designed to support your participation in the community through volunteerism. The program strives to support community service initiatives by bringing employees together to effect positive change in the community.

This is a brief summary of SGI's benefit programs. Details are provided in the summary plan descriptions. The plan document governs the amount and availability of benefits. This statement of benefits does not constitute a contract of employment; or guarantee any particular benefits. Because conditions can change unexpectedly, SGI reserves the right to change or suspend the plans referred to herein.

Read the fund's prospectus and summary prospectus (if available) carefully before investing. It contains the fund's investment objectives, risks, charges, expenses and other information, which should be considered carefully before investing. Obtain a prospectus and summary prospectus (if available) at www.rydex-sgi.com or call 800.820.0888.

Rydex|SGI funds are distributed by Rydex Distributors, LLC (RDL). Security Investors, LLC (SI) is a registered investment advisor, and does business as Security Global Investors® and Rydex Investments. SI and RDL are affiliates and are subsidiaries of Security Benefit Corporation, which is wholly owned by Guggenheim SBC Holdings, LLC, a special purpose entity managed by an affiliate of Guggenheim Partners, LLC, a diversified financial services firm with more than $100 billion in assets under supervision.