MNL Endeavor 8
Midland National
2.2%
Best Cap
10%
Free W/D
50
States
A fixed index annuity that lets you participate in stock market gains while guaranteeing your principal never decreases due to market losses. Designed for people who want growth potential without the risk of losing money in down markets.
Free Withdrawal
10%/yr
Available In
50 states
Min Premium
$20,000
Surrender
8 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| Fidelity Multifactor Yield Index 5% ER | 2-Year | -- | 170% | -- |
| Fidelity Multifactor Yield Index 5% ER | Annual | -- | 100% | -- |
| Nasdaq-100 Index | Monthly | 2.2% | 100% | -- |
| S&P 500 Index | Annual | 8% | 100% | -- |
| S&P 500 Index | Daily | -- | 100% | -- |
| S&P 500 Index | Monthly | 2.05% | 100% | -- |
| S&P 500 Low Volatility Daily Risk Control 5% USD Total Return Index | Annual | 5.5% | 100% | -- |
| S&P 500 Low Volatility Daily Risk Control 8% USD Total Return Index | 2-Year | -- | 100% | -- |
| S&P MARC 5% Excess Return | 2-Year | -- | 175% | -- |
| S&P MARC 5% Excess Return | Annual | -- | 140% | -- |
| Fixed Account | Daily | -- | -- | 3% |
Key Features
Downside Protection
0% floor on interest creditsYour premium will never decrease due to market downturns. In years when the market goes down, you earn zero percent interest, not a loss.
Index Crediting Methods
6 crediting method optionsChoose how your interest is calculated—monthly or annual point-to-point, margin-based, threshold participation, or inverse performance trigger strategies.
Index Variety
9 index options availableAllocate your premium across multiple market indexes including S&P 500, Russell 2000, Nasdaq-100, international indexes, and risk-managed indexes.
Annual Reset Feature
Guaranteed annuallyInterest credits are locked in on each contract anniversary and added to your accumulation value, enabling compound growth and minimizing impact of severe market downturns.
Tax Deferral
Tax-deferred under current lawYour money grows without owing taxes until you withdraw it, allowing more growth potential over time.
Penalty-Free Withdrawals
10% annual accessAfter the first contract anniversary, withdraw up to 10% of accumulation value each year without surrender charges or market value adjustments.
Nursing Home Waiver
Not available in all statesIf you're 75 or under at issue and need a qualified nursing home stay of 90+ consecutive days, your penalty-free withdrawal amount increases to 10% yearly.
Flexible Payout Options
Multiple annuity payout choicesAt any time after the first contract year, choose from income for a specified period, life income with period certain, joint and survivor options, and more.
Death Benefit
Passes to beneficiariesYour beneficiaries receive the remaining accumulation value in a lump sum or installments, potentially avoiding probate delays and costs.
Flexible Premium
$10K minimum non-qualifiedStart with a minimum deposit ($10,000 non-qualified, $2,000 qualified) and add more premiums later. Subsequent premiums initially earn fixed rates.
Highlights
Your money grows with market upside potential through index-linked crediting methods, but your principal is protected from market downturns
Lock in interest credits each year on your contract anniversary—once earned, they can't be taken away by negative market performance
Tax-deferred growth means more of your money works for you until you need it
Flexible withdrawal options including penalty-free access to 10% annually after the first year
Multiple index strategies and crediting methods let you customize your approach to match your risk tolerance
Surrender Schedule
Yr 1
10%
Yr 2
10%
Yr 3
10%
Yr 4
10%
Yr 5
9%
Yr 6
8%
Yr 7
5%
Yr 8
3%
After
0%
Nursing home waiver, RMD waiver
Best For
Retirees and near-retirees who want market-linked growth with principal protection, prefer tax-deferred savings, and can commit to keeping money invested for at least several years.
Consider Alternatives If
Those who need immediate access to their full investment without penalties or who need actively managed stock market exposure with full upside potential uncapped by rates or margins.
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