Capital Income
Midland National
7.5%
Best Cap
10%
Free W/D
50
States
A fixed index annuity that combines market-linked growth potential with downside protection, plus a guaranteed lifetime income rider and optional health-activated benefit that can double payments during unexpected care needs.
Free Withdrawal
10%/yr
Available In
50 states
Min Premium
$20,000
Surrender
7 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| Dimensional US Equity Core Plus Excess Return Index | Annual | 7.5% | 100% | -- |
| Fidelity Multifactor Yield Index 5% ER | Annual | -- | 150% | -- |
| S&P 500 Dynamic Intraday TCA Index (USD) ER | Annual | 10% | 100% | -- |
| S&P 500 Index | Annual | 6.5% | 100% | -- |
| Fixed Account | Daily | -- | -- | 3.5% |
Key Features
Annual Reset
0% floor on lossesInterest credits are locked in each year and cannot be lost to future market downturns
Guaranteed Lifetime Income
1.00% annual rider costEmbedded guaranteed lifetime withdrawal benefit (GLWB) allows you to withdraw a guaranteed amount annually for life
Health-Activated Income Multiplier
200% multiplier for single payoutIf you cannot perform 2 of 6 activities of daily living, your payments double for up to 5 years
Multiple Growth Strategies
Participation rates, cap rates, or margin options availableChoose from fixed account, S&P 500 index options, or Fidelity Multifactor Yield Index with various crediting methods
Flexible Income Options
Monthly, quarterly, semi-annual, or annual payment frequencyChoose increasing or level payouts; start income at any time after age 50
Tax-Deferred Growth
Deferred taxation benefitYour funds grow without annual tax liability until withdrawal
Highlights
Doubles your lifetime income payments for up to 5 years if you need care due to health conditions
Protects your principal with a 0% floor—gains lock in annually and market losses don't reduce your account value
Guaranteed lifetime income you can't outlive, even if your account balance reaches zero
Flexible growth strategies including fixed accounts and index-linked options with annual reset features
Tax-deferred growth on your investment
Surrender Schedule
Yr 1
6%
Yr 2
6%
Yr 3
5%
Yr 4
4%
Yr 5
3%
Yr 6
3%
Yr 7
2%
After
0%
Nursing home waiver
Best For
Retirees and near-retirees (age 50-80) seeking guaranteed lifetime income with downside protection who want flexibility to increase payments and protection against long-term care costs.
Consider Alternatives If
Investors who need liquidity or plan to access their funds within 7 years, or those uncomfortable with long-term insurance commitments and annual rider costs.
Carrier Ratings
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