Summit Journey 10 vs Allianz 222

Side-by-side comparison with live CANNEX rate data

Midland National Life Insurance Company

Summit Journey 10

Guaranteed lifetime income. Market growth. Premium protection.

Cap Rate

5.5%

Participation

175%

Fixed Rate

3.1%

Free W/D

10%

A.M. BestA+
FitchA+
Standard & Poor'sA+

Strategies (10)

Fidelity Multifactor Yield Index 5% ER175% part
Fidelity Multifactor Yield Index 5% ER120% part
S&P 500 Dynamic Intraday TCA Index (USD) ER65% part
S&P 500 Dynamic Intraday TCA Index (USD) ER45% part
S&P 500 Index5.5% cap

Surrender (10 yrs)

Y1 8%Y2 8%Y3 8%Y4 7%Y5 6%Y6 5%Y7 4%Y8 3%Y9 2%Y10 1%

Waivers

Nursing home waiverRMD waiver
States50
Min Premium$20,000
Issue Age40–79

Best For

Retirees or near-retirees age 40-79 who want guaranteed lifetime income, market-linked growth potential, and protection from market downturns, particularly those concerned about longevity risk and potential long-term care needs.

Allianz Life Insurance Company of North America

Allianz 222

Fixed index annuity with bonuses and guaranteed lifetime income potential

Cap Rate

4.5%

Participation

100%

Fixed Rate

2.8%

Free W/D

10%

A.M. BestA+
Moody'sAa3
Standard & Poor'sAA

Strategies (9)

BlackRock iBLD Claria II Excess Return Index100% part
Bloomberg US Dynamic Balance II ER Index85% part
PIMCO Tactical Balanced ER Index105% part
S&P 500 Futures Daily Risk Control 5% Index Excess Return145% part
S&P 500 Index4.5% cap

Surrender (10 yrs)

Y1 10%Y2 10%Y3 10%Y4 8.75%Y5 7.5%Y6 6.25%Y7 5%Y8 3.75%Y9 2.5%Y10 1.25%

Waivers

Nursing home waiver
States1
Min Premium$20,000
Issue Age0–80

Best For

Retirement savers who want principal protection with growth potential and guaranteed lifetime income, especially those not needing immediate income.

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