IndexMax ADV
Midland National
10%
Free W/D
50
States
IndexMax ADV is a fixed index annuity that lets your money grow tax-deferred while protecting your principal from market losses. You can choose to track stock index performance or earn a guaranteed fixed rate, making it suitable for investors nearing or in retirement who want growth with downside protection.
Free Withdrawal
10%/yr
Available In
50 states
Min Premium
$50,000
Surrender
7 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| BlackRock ESG U.S. 5% Index ER | 5Y | -- | 100% | -- |
| BlackRock ESG U.S. 5% Index ER | 7Y | -- | 100% | -- |
| BlackRock ESG U.S. 5% Index ER | Annual | -- | 100% | -- |
| Fidelity Multifactor Yield Index 5% ER | 5Y | -- | 100% | -- |
| Fidelity Multifactor Yield Index 5% ER | 7Y | -- | 100% | -- |
| Fidelity Multifactor Yield Index 5% ER | Annual | -- | 100% | -- |
| S&P 500 Low Volatility Daily Risk Control 5% USD Excess Return Index | 5Y | -- | 100% | -- |
| S&P 500 Low Volatility Daily Risk Control 5% USD Excess Return Index | 7Y | -- | 100% | -- |
| S&P 500 Low Volatility Daily Risk Control 5% USD Excess Return Index | Annual | -- | 100% | -- |
| Fixed Account | Annual | -- | -- | -- |
| Fixed Account | Daily | -- | -- | 5.3% |
Key Features
Minimum Premium
$50,000Starting investment required to open the annuity
Interest Crediting Methods
BlackRock ESG US 5% Index ER, Fidelity Multifactor Yield Index 5% ER, S&P 500 Low Volatility 5% Index ER, or FixedChoose between layered crediting (combining term participation credits with annual performance credits) across three indexed options, or a guaranteed fixed rate reset each term
Surrender Charge Period
5-year or 7-year initial termsHow long your money is committed; withdrawals beyond the penalty-free amount are charged
Penalty-Free Withdrawals
Up to 10% of beginning-of-year accumulation value annuallyAmount you can withdraw each year without surrender charges after the first contract year
Advisory Fees
Up to 1.50% of accumulation value per yearMaximum amount your financial advisor can withdraw annually via partial surrender
Market Value Adjustment (MVA)
Applies during surrender charge periodYour surrender value adjusts based on interest rate changes since your term started, limited to surrender charges or credited interest
Death Benefit
Greater of accumulation value or minimum surrender valueYour beneficiary receives the greater of your accumulated value or minimum surrender value
Nursing Home Waiver
No additional costIncluded automatically; allows 100% penalty-free withdrawal if confined to a qualified nursing care facility after year one
Highlights
Tax-deferred growth with no taxes owed until you access your money
Choose from multiple index strategies (BlackRock ESG, Fidelity Multifactor, S&P 500 Low Volatility) or a fixed account option
Protection from market downturns—your principal is guaranteed, and you can't lose money due to market declines
Flexible withdrawal options including 10% annual penalty-free access after year one
Automatic nursing home confinement waiver included at no extra cost
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
Investors nearing or in retirement who want tax-deferred growth, principal protection from market losses, and the potential for index-linked returns without the ability to take on significant market risk.
Consider Alternatives If
Investors who need immediate access to their full capital, as early withdrawals beyond 10% annually incur surrender charges and may trigger IRS penalties if taken before age 59½.
Carrier Ratings
Free Comparison Report
Get a personalized IndexMax ADV illustration
See year-by-year projections for your specific age, premium, and income goals.