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LiveWell Dynamic Annuity

The LiveWell Dynamic Annuity is a fantastic product for retirees! It offers the security of a steady income throughout retirement, promising peace of mind for your golden years. The plan's investment diversification is a major plus!

What we love about this annuity is its flexibility. You've got options that allow for customization based on your personal financial needs. For those concerned about outliving their savings, the LiveWell Dynamic Annuity is a trustworthy, reassuring choice.

LiveWell Dynamic Annuity

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About Product

Type

Registered Index-Linked

Purpose

Accumulation

Term

6 Years

Surrender schedule

Fee withdrawal:

10%

Flexible premium

Product Life

Market Value Adjustment

Return Of Premium

Minimum Contribution

$25,000

Maximum Contribution

$2,000,000

Max Age Qualified

Types Of Funds

Non-Qualified, IRA, IRA Rollover, IRA Transfer, IRA-Roth, and 1035 Exchange

Launch Date

07/07/2022

The Live Well Dynamic Annuity Contract is a flexible premium deferred registered index and variable annuity that is designed to aid in long-term financial planning for retirement or other savings needs. It is available for purchase as a Non-Qualified Contract, as well as through Individual Retirement Accounts (“IRAs”), including Traditional IRAs and Roth IRAs.

For information about this product, please visit http://SRSLiveWell.com

Available in states: MO, NE, and VT

Allocation Accounts

Name	Type	Rates
1-Year S&P 500 PTP Cap with 10% Buffer	Point to Point Annual	13% Cap
1-Year S&P 500 PTP Cap with -10% Floor	Point to Point Annual	11% Cap
3-Year S&P 500 PTP Cap with -10% Floor	Point to Point Triennial	25% Cap
3-Year S&P 500 PTP Cap with 10% Buffer	Point to Point Triennial	65% Cap
6-Year S&P 500 PTP Cap with -10% Floor	Point to Point 6-Year	55% Cap
6-Year S&P 500 PTP Cap with 20% Buffer	Point to Point 6-Year	150% Cap
6-Year S&P 500 PTP Cap with 30% Buffer	Point to Point 6-Year	65% Cap

Surrender schedule

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

Hypothetical Projection

Comparison against S&P 500 using current rates

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Investment Amount

Riders

No Riders for LiveWell Dynamic Annuity annuity.

Waivers

No Waivers for LiveWell Dynamic Annuity annuity.

Premium Notes

Any person wishing to purchase a Contract must submit an application form and an initial premium payment of at least $25,000. The sale must take place through a representative who is licensed, registered and authorized to sell the Contract. The maximum Issue Age for the Contract is 85 years.

Minimum investment
$25,000; maximum investment is $2,000,000

Minimum additional premiums
$1,000 or $100 for premiums made through monthly electronic funds transfer (EFT)

Withdrawal Provisions

Death benefitEqual to the accumulation value at the time of proof of owner’s death is received. Free withdrawal amountStarting in year two, the free withdrawal amount is 10% of remaining premiums less than six years old at the beginning of the contract year, or RMD, if greater. Any remaining premiums six years old or older is also considered a free withdrawal and no penalties would apply.

Company Founded: 1906

TOP Rated Company

Midland National Life Insurance Company

Company Ratings

4.2