NWL Ultra Classic Rate & Reviews

NWL Ultra Classic

The NWL Ultra Classic Annuity is a flexible premium tax-deferred annuity that combines the safety, benefits, and features of traditional fixed interest deferred annuities while at the same time giving you the option of having your credited interest linked in part to the S&P 500 Composite Stock Index (which excludes dividends).Once credited, your gains are guaranteed for the life of the policy!.

At the end of the 13-year Contract Term, you may withdraw the full Contract Value without any withdrawal charges, take a partial withdrawal, or elect an income settlement option.

You do have the right to keep the Account Value with National Western Life for the rest of your life where it will continue to earn interest at a rate not less than the Minimum Guaranteed Interest Rate that has been re-determined at the end of your Contract Term.

Available in states: AZ, AR, CA, CO, DC, FL, GA, HI, IA, KS, KY, LA, ME, MD, MI, MO, NE, NH, NM, NC, ND, OH, OK, PR, RI, SD, TN, TX, VT, VI, VA, WV, WI, and WY

Allocation Accounts

Name	Type	Rates
Option U: 1-Year S&P 500 LV DRC 5% ER PTP Participation Rate	NWL Option U Annual	170% Participation
Option J: 1-Year S&P 500 PTP Cap	NWL Option J Annual	8% Cap
Option B: 1-Year Fixed Account	Fixed	4.5% Fixed
Option A: 1-Year S&P 500 PTP Monthly Average Participation Rate with Asset Fee	Point to Point Annual Monthly average	100% Participation 6% Spread

Surrender schedule

Year	1	2	3	4	5	6	7	8	9	10	11	12	13
Penalty	15%	15%	14%	13%	12%	11%	11%	10%	9%	8%	6%	4%	2%

Riders

Name	Inbuilt	Fee
Income Outlook Plus 5 NH (Withdrawal Benefit Rider)	No	1.50% annually (2.00% max)
Income Outlook NH	No	1.00% annually (2.00% max) (limited to interest)