MNL IndexBuilder 14 Low Band
Get an annuity today!
Learn how an annuity can provide guaranteed income for life.
Highlights
The MNL IndexBuilder 14 is a flexible premium, fixed index annuity that offers you growth potential for your retirement assets but also protection from losses due to downside market fluctuations.
Available in states:
AL, AZ, AR, CA, CO, DC, FL, GA, IL, IA, KS, KY, LA, ME, MA, MI, MS, NE, NH, NM, NC, ND, RI, SD, TN, VT, WV, WI, and WY
Type
|
Fixed Index
|
---|---|
Premium Bonus
|
9% |
Term
|
14 Years |
Surrender schedule
|
12%12%11%11%10%9%8%7%6%5%4%3%2%1% |
Free withdrawal
|
1st year: 0% 2nd+ year: 10% |
Market value adjustment
|
|
Return of premium
|
|
Minimum contribution
|
$20,000 |
Types of funds
|
Non-Qualified, 401k, IRA, Spousal IRA, IRA Rollover, 401a, IRA Transfer, SEP IRA, IRA-Roth, and TSP |
Brochure
|
Open brochure |
Allocation Accounts
Name | Type | Rates |
---|---|---|
1-Year Fixed Account |
Fixed
|
2.6%
Fixed
|
1-Year BlackRock ESG US 5% ER PTP Enhanced Participation Rate |
Point to Point
Annual
|
155%
Participation
|
2-Year Fidelity Multifactor Yield 5% ER PTP Enhanced Participation Rate |
Point to Point
Biennial
|
240%
Participation
|
1-Year Fidelity Multifactor Yield 5% ER PTP Enhanced Participation Rate |
Point to Point
Annual
|
155%
Participation
|
2-Year S&P MARC 5% ER PTP Enhanced Participation Rate |
Point to Point
Biennial
|
210%
Participation
|
1-Year S&P MARC 5% ER PTP Enhanced Participation Rate |
Point to Point
Annual
|
155%
Participation
|
1-Year BlackRock ESG US 5% ER PTP Spread |
Point to Point
Annual
|
|
2-Year BlackRock ESG US 5% ER PTP Participation Rate |
Point to Point
Biennial
|
165%
Participation
|
2-Year S&P 500 LV DRC 8% PTP Participation Rate |
Point to Point
Biennial
|
50%
Participation
|
1-Year S&P MARC 5% ER PTP Participation Rate |
Point to Point
Annual
|
115%
Participation
|
2-Year S&P MARC 5% ER PTP Participation Rate |
Point to Point
Biennial
|
160%
Participation
|
2-Year Fidelity Multifactor Yield 5% ER PTP Participation Rate |
Point to Point
Biennial
|
165%
Participation
|
1-Year Fidelity Multifactor Yield 5% ER PTP Spread |
Point to Point
Annual
|
|
1-Year S&P 500 LV DRC 5% TR PTP Spread |
Point to Point
Annual
|
4%
Spread
|
1-Year S&P 500 PTP Monthly Sum Cap |
Point to Point
Annual
Monthly sum
|
1.9%
Cap
|
1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
6.25%
Cap
|
2-Year BlackRock ESG US 5% ER PTP Enhanced Participation Rate |
Point to Point
Biennial
|
220%
Participation
|
1-Year S&P 500 Inverse Performance Triggered |
Inverse Perf Triggered
Annual
|
7.5%
Performance triggered
|
Surrender schedule
Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Penalty | 12% | 12% | 11% | 11% | 10% | 9% | 8% | 7% | 6% | 5% | 4% | 3% | 2% | 1% |