Fixed index annuity review and rates

NWL Core Dynamic

The NWL Core Dynamic Annuity is a flexible premium deferred fixed indexed annuity. It is a long-term contract intended as a secure planning vehicle for retirement accumulation and income. The NWL Core Dynamic Annuity provides the important benefits of many tax-deferred annuities: interest accumulation, safety, tax deferral, and liquidity.

Asset Fee Rate
The Asset Fee Rate is a percentage that is subtracted from the index change before interest is calculated. The Asset Fee Rate is guaranteed never to be greater than the Maximum Asset Fee Rate for the respective 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, PR, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY

Allocation Accounts

Name Type Rates
Option B: 1-Year Fixed Account
2.1% Fixed
Option J: 1-Year S&P 500 PTP Cap
Point to Point
4% Cap
Option A: 1-Year S&P 500 PTP Monthly Average Participation Rate with Asset Fee
Point to Point
Monthly average
20% Participation
6% Spread
Option D: 1-Year S&P 500 PTP Monthly Sum Cap
Point to Point
Monthly sum
1.5% Cap
Option U: 1-Year S&P 500 LV DRC 5% ER PTP Participation Rate
Point to Point
75% Participation

Surrender schedule

Year 1 2 3 4 5 6 7
Penalty 9% 9% 8% 7% 6% 5% 4%
National Western Life Insurance Company
Founded: 1956
A.M. Best: A
S&P: A
Carrier details
Free withdrawal
1st year: 0%
2nd+ year: 10%
Surrender schedule
7 years
Return of premium
Market value adjustment
Minimum contribution
Qualified: $5,000
Non-Qualified: 1000000%
Types of funds
Non-Qualified, 401k, Profit Sharing, IRA, 401a, TSA 403b, SEP IRA, KEOGH, IRA-Roth, 457 plan, and 1035 Exchange