Multi-Year Guaranteed Annuity

LiveWell Guarantee Max

Midland National

4.9%

Best Rate

50

States

A multi-year guaranteed annuity that locks in a fixed interest rate for 3, 5, or 7 years with tax-deferred growth and no market risk. Ideal for retirees who want predictable income and portfolio stability.

Available In

50 states

Min Premium

$20,000

Surrender

7 years

Guaranteed Rates by Term

TermGuaranteed Rate
3-Year4.55%
5-Year4.9%
7-Year4.65%

Key Features

Guaranteed Interest Rate

Rate varies by premium amount and term selected

Fixed rate locked in for your entire guarantee period (3, 5, or 7 years), backed by Midland National's claims-paying ability

Premium Range

$20,000 to $1,000,000

Minimum investment of $20,000 with maximum of $1,000,000; higher premiums may qualify for better interest rates

Tax-Deferred Growth

No annual tax liability during accumulation phase

Interest compounds daily and grows tax-free until you make a withdrawal

Penalty-Free Withdrawals

Equal to prior year interest earned

After the first contract year, withdraw the interest earned that year without surrender charges or penalties

Nursing Home Waiver

Automatically included at no extra cost

After the first contract anniversary, withdraw up to 100% of your accumulation value without surrender charges if confined to a qualified nursing care facility

Death Benefit Protection

Paid as lump sum or series of payments

Beneficiaries receive the greater of accumulation value or minimum surrender value with no surrender charges or market value adjustments

Highlights

1

Fixed interest rate guaranteed each year for your chosen 3, 5, or 7-year period with no market risk

2

Tax-deferred growth means your money compounds faster before you pay any taxes

3

Penalty-free withdrawals of annual interest earned, plus a nursing home waiver at no extra cost

4

Issued by Midland National with strong financial ratings (A.M. Best Superior, S&P Strong, Fitch Stable)

Surrender Schedule

Yr 1

9%

Yr 2

8%

Yr 3

7%

Yr 4

6%

Yr 5

5%

Yr 6

4%

Yr 7

3%

After

0%

Nursing home waiver, RMD waiver

Best For

Conservative retirees and pre-retirees who value guaranteed income, predictability, and tax deferral over market growth, and have $20,000 or more to invest for a defined 3-7 year period.

Consider Alternatives If

Investors seeking market-linked returns, those needing immediate access to all their funds without penalties, or individuals who cannot commit funds for the full guarantee period.

Carrier Ratings

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

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