LiveWell Preferred Fixed Index Annuity
Midland National
10%
Best Cap
10%
Free W/D
50
States
A fixed index annuity that protects your retirement savings from market losses while offering the potential for growth tied to stock market indices. Best for conservative investors nearing retirement who want guaranteed income and principal protection.
Free Withdrawal
10%/yr
Available In
50 states
Min Premium
$10,000
Surrender
10 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| Fidelity Multifactor Yield Index 5% ER | 2-Year | -- | 190% | -- |
| Fidelity Multifactor Yield Index 5% ER | Annual | -- | 115% | -- |
| Nasdaq-100 Volatility Control 12% Index | 2-Year | -- | 80% | -- |
| Nasdaq-100 Volatility Control 12% Index | Annual | 10% | 100% | -- |
| S&P 500 Index | 2-Year | -- | 55% | -- |
| S&P 500 Index | Annual | 8.75% | 100% | -- |
| S&P 500 Low Volatility Daily Risk Control 5% USD Excess Return Index | 2-Year | -- | 170% | -- |
| S&P 500 Low Volatility Daily Risk Control 5% USD Excess Return Index | Annual | -- | 125% | -- |
| Fixed Account | Daily | -- | -- | 1.9% |
Key Features
Principal Protection
100% of initial premium protectedYour premium is never reduced due to market downturns or fluctuations. Credited interest locks in each contract year and cannot be lost.
Three Crediting Options
Fixed, capped, or margin-based crediting methodsChoose between a guaranteed fixed account, S&P 500 Index Account with cap rates, or S&P 500 Low Volatility Index Account with index margin.
Tax-Deferred Growth
Compound growth without annual tax dragInterest credited to your account grows tax-deferred, allowing your money to compound faster. Taxes are paid during the withdrawal phase.
Guaranteed Lifetime Income (Optional)
Lifetime Payment Percentages from 4.0% to 6.5% based on ageLiveWell Income for Life GLWB Rider provides guaranteed income for life, growing at 8% simple interest up to 200% of initial premium.
Death Benefit Protection (Optional)
Enhanced legacy for beneficiariesLiveWell Legacy Protector GMDB Rider guarantees a minimum death benefit that grows at 5% simple interest, up to 200% of premium.
Penalty-Free Withdrawals
10% annual penalty-free withdrawal allowanceAccess up to 10% of accumulation value annually starting in year 2 without surrender charges.
Flexible Surrender Charges
5-Year: 8%-6%, 7-Year: 8%-4%, 10-Year: 8%-1%Available in 5-, 7-, or 10-year surrender periods with declining charge schedules. Nursing home confinement waiver included at no cost.
Independent Public Indices
Full transparency into index performanceInterest credits are based on transparent, publicly-traded indices (S&P 500 and S&P 500 Low Volatility) that you can look up anytime.
Highlights
Protects your principal from market downturns while maintaining growth potential through index-linked crediting
Three crediting options let you choose your comfort level—from guaranteed fixed rates to market-indexed growth
Optional income riders guarantee lifetime payments or enhanced death benefits for legacy planning
Tax-deferred growth means your money compounds faster until retirement withdrawals begin
Backed by Midland National Life Insurance Company with A+ ratings from major rating agencies
Surrender Schedule
Yr 1
8%
Yr 2
8%
Yr 3
8%
Yr 4
7%
Yr 5
6%
Yr 6
5%
Yr 7
4%
Yr 8
3%
Yr 9
2%
Yr 10
1%
After
0%
Nursing home waiver, RMD waiver
Best For
Conservative investors age 45-85 who are planning for retirement within 5-10 years, want principal protection from market downturns, and value guaranteed income or legacy planning options.
Consider Alternatives If
Investors who need immediate access to their money, are seeking aggressive growth, or cannot tolerate the opportunity cost of principal protection features.
Carrier Ratings
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