MNL RetireVantage 10
In the complex world of retirement planning, annuities stand out as a popular choice for those seeking steady income streams in their golden years. Amidst a crowded market, a few annuity companies have distinguished themselves through their robust financial strength, customer service excellence, and diverse product offerings.
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Learn how an annuity can provide guaranteed income for life.
The MNL RetireVantage 10 flexible premium fixed index annuity provides a flexible long-term solution that offers a variety of choices and guarantees to fit your ultimate retirement planning goals.
Summary of benefits
Summary of benefits
- Multiple index account options available
- Tax deferral, income for life, and full accumulation value at death
Strategy charge: In exchange for a strategy charge, the client unlocks greater upside potential through an enhanced participation rate. The strategy charge is deducted from the accumulation value at the end of each term and is guaranteed to stay the same for the life of the contract.
Strategy charges are considered a partial surrender and for purposes of the Return of Premium feature will reduce the Net Premium accordingly. The charge will be deducted at the time of full surrender and at the time of a partial withdrawal that exceeds the penalty-free withdrawal amount.
The strategy fee is known as a Strategy Fee Annual Percentage in your contract. The annual charge is multiplied by 2 for the two-year crediting strategy.
Strategy charges are considered a partial surrender and for purposes of the Return of Premium feature will reduce the Net Premium accordingly. The charge will be deducted at the time of full surrender and at the time of a partial withdrawal that exceeds the penalty-free withdrawal amount.
The strategy fee is known as a Strategy Fee Annual Percentage in your contract. The annual charge is multiplied by 2 for the two-year crediting strategy.
Available in states:
AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY
Allocation Accounts
Name | Type | Rates |
---|---|---|
1-Year Fixed Account |
Fixed
|
3.5%
Fixed
|
1-Year Fidelity Multifactor Yield 5% ER PTP Spread |
Point to Point
Annual
|
|
2-Year Fidelity Multifactor Yield 5% ER PTP Participation Rate |
Point to Point
Biennial
|
225%
Participation
|
1-Year S&P MARC 5% ER PTP Participation Rate |
Point to Point
Annual
|
150%
Participation
|
2-Year S&P 500 LV DRC 8% TR PTP Spread |
Point to Point
Biennial
|
3.5%
Spread
|
1-Year S&P 500 LV DRC 5% TR PTP Spread |
Point to Point
Annual
|
3.25%
Spread
|
1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
8%
Cap
|
1-Year S&P 500 PTP Monthly Sum Cap |
Point to Point
Annual
Monthly sum
|
2.15%
Cap
|
2-Year S&P MARC 5% ER PTP Participation Rate |
Point to Point
Biennial
|
215%
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
|
215%
Participation
|
1-Year BlackRock ESG US 5% ER PTP Enhanced Participation Rate |
Point to Point
Annual
|
205%
Participation
|
1-Year S&P MARC 5% ER PTP Enhanced Participation Rate |
Point to Point
Annual
|
205%
Participation
|
2-Year S&P MARC 5% ER PTP Enhanced Participation Rate |
Point to Point
Biennial
|
270%
Participation
|
2-Year Fidelity Multifactor Yield 5% ER PTP Enhanced Participation Rate |
Point to Point
Biennial
|
280%
Participation
|
1-Year S&P 500 Inverse Performance Triggered |
Inverse Perf Triggered
Annual
|
9%
Performance triggered
|
1-Year Fixed Account |
Fixed
|
3.8%
Fixed
|
1-Year Fidelity Multifactor Yield 5% ER PTP Spread |
Point to Point
Annual
|
|
2-Year Fidelity Multifactor Yield 5% ER PTP Participation Rate |
Point to Point
Biennial
|
250%
Participation
|
1-Year S&P MARC 5% ER PTP Participation Rate |
Point to Point
Annual
|
175%
Participation
|
1-Year S&P 500 PTP Monthly Sum Cap |
Point to Point
Annual
Monthly sum
|
2.4%
Cap
|
1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
9%
Cap
|
1-Year S&P 500 LV DRC 5% TR PTP Spread |
Point to Point
Annual
|
2.5%
Spread
|
2-Year S&P 500 LV DRC 8% TR PTP Spread |
Point to Point
Biennial
|
2.75%
Spread
|
2-Year S&P MARC 5% ER PTP Participation Rate |
Point to Point
Biennial
|
240%
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
|
240%
Participation
|
1-Year BlackRock ESG US 5% ER PTP Enhanced Participation Rate |
Point to Point
Annual
|
220%
Participation
|
1-Year S&P MARC 5% ER PTP Enhanced Participation Rate |
Point to Point
Annual
|
220%
Participation
|
2-Year S&P MARC 5% ER PTP Enhanced Participation Rate |
Point to Point
Biennial
|
300%
Participation
|
2-Year Fidelity Multifactor Yield 5% ER PTP Enhanced Participation Rate |
Point to Point
Biennial
|
310%
Participation
|
1-Year S&P 500 Inverse Performance Triggered |
Inverse Perf Triggered
Annual
|
10%
Performance triggered
|
1-Year Fidelity Multifactor Yield 5% ER PTP Enhanced Participation Rate |
Point to Point
Annual
|
210%
Participation
|
1-Year Fidelity Multifactor Yield 5% ER PTP Participation Rate |
Point to Point
Annual
|
155%
Participation
|
1-Year Nasdaq-100 Volatility Control 12% PTP Enhanced Participation Rate |
Point to Point
Annual
|
85%
Participation
|
2-Year Nasdaq-100 Volatility Control 12% PTP Participation Rate |
Point to Point
Biennial
|
90%
Participation
|
1-Year Nasdaq-100 Volatility Control 12% PTP Participation Rate |
Point to Point
Annual
|
65%
Participation
|
1-Year S&P 500 Dynamic Intraday TCA PTP Enhanced Participation Rate |
Point to Point
Annual
|
70%
Participation
|
2-Year S&P 500 Dynamic Intraday TCA PTP Participation Rate |
Point to Point
Biennial
|
80%
Participation
|
1-Year S&P 500 Dynamic Intraday TCA PTP Participation Rate |
Point to Point
Annual
|
55%
Participation
|
2-Year S&P 500 PTP Participation Rate |
Point to Point
Biennial
|
55%
Participation
|
1-Year S&P 500 PTP Participation Rate |
Point to Point
Annual
|
40%
Participation
|
1-Year Fidelity Multifactor Yield 5% ER PTP Enhanced Participation Rate |
Point to Point
Annual
|
220%
Participation
|
1-Year Fidelity Multifactor Yield 5% ER PTP Participation Rate |
Point to Point
Annual
|
175%
Participation
|
1-Year Nasdaq-100 Volatility Control 12% PTP Enhanced Participation Rate |
Point to Point
Annual
|
90%
Participation
|
2-Year Nasdaq-100 Volatility Control 12% PTP Participation Rate |
Point to Point
Biennial
|
100%
Participation
|
1-Year Nasdaq-100 Volatility Control 12% PTP Participation Rate |
Point to Point
Annual
|
70%
Participation
|
1-Year S&P 500 Dynamic Intraday TCA PTP Enhanced Participation Rate |
Point to Point
Annual
|
75%
Participation
|
2-Year S&P 500 Dynamic Intraday TCA PTP Participation Rate |
Point to Point
Biennial
|
85%
Participation
|
1-Year S&P 500 Dynamic Intraday TCA PTP Participation Rate |
Point to Point
Annual
|
60%
Participation
|
2-Year S&P 500 PTP Participation Rate |
Point to Point
Biennial
|
60%
Participation
|
1-Year S&P 500 PTP Participation Rate |
Point to Point
Annual
|
45%
Participation
|
Surrender schedule
Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
---|---|---|---|---|---|---|---|---|---|---|
Penalty | 10% | 10% | 9% | 9% | 8% | 8% | 7% | 6% | 4% | 2% |