Fixed index annuity review and rates

NWL Impact

The NWL Impact Annuity is a flexible premium deferred annuity. It is a long–term contract intended as a secure planning vehicle for retirement accumulation and income. The NWL Impact Annuity provides the important benefits of many tax deferred annuities: interest accumulation, safety, tax-deferral, and liquidity. 
Available in states: CA

Allocation Accounts

Name Type Rates
Option U: 1-Year S&P 500 LV DRC 5% ER PTP Participation Rate
NWL Option U
135% Participation
Option B: 1-Year Fixed Account
3.9% Fixed
Option A: 1-Year S&P 500 PTP Monthly Average Participation Rate with Asset Fee
Point to Point
Monthly average
100% Participation
5% Spread

Surrender schedule

Year 1 2 3 4 5 6 7 8
Penalty 8% 8% 7% 5% 4% 3% 2% 1%


Name Inbuilt Fee
Income Outlook NH No 1.00% annually (2.00% max) (limited to interest)
National Western Life Insurance Company
Founded: 1956
A.M. Best: A
S&P: A
Carrier details
Free withdrawal
1st year: 0%
2nd+ year: 10%
Premium bonus
Surrender schedule
8 years
Return of premium
Market value adjustment
Minimum contribution
Qualified: $2,000
Non-Qualified: 500000%
Types of funds
Non-Qualified, 401k, Profit Sharing, IRA, 401a, TSA 403b, SEP IRA, KEOGH, IRA-Roth, 457 plan, and 1035 Exchange