MNL Accelerate 5
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Highlights
MNL Accelerate 5 is a short term five year fixed index deferred annuity. MNL Accelerate 5 offers industry-leading index accounts designed to help reduce the impact of market volatility. The value will grow at a rate based on the fixed or index accounts you choose. Index accounts are tied to market performance, but they are not an actual investment in the stock market. In other words, you’ll get credit for some of the market’s growth in up times. In down times, when the market sees zero gains or actually loses value, your accumulation value will never be at risk of decreasing due to those losses.
Lock in a guaranteed participation rate
Having a guaranteed participation rate means that regardless of index performance, your participation rates won’t go down over the 5-year surrender charge period, and is only subject to change annually after that.
Lock in a guaranteed participation rate
Having a guaranteed participation rate means that regardless of index performance, your participation rates won’t go down over the 5-year surrender charge period, and is only subject to change annually after that.
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
|
Type
|
Fixed Index
|
|---|---|
|
Term
|
5 Years |
|
Surrender schedule
|
9%8%7%6%5% |
|
Free withdrawal
|
1st year: 0% 2nd+ year: 10% |
|
Market value adjustment
|
|
|
Return of premium
|
|
|
Minimum contribution
|
$20,000 |
|
Types of funds
|
Non-Qualified, IRA, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, IRA-Roth, 1035 Exchange, Inherited IRA, NQ Stretch, and TSP |
Brochure
|
Open brochure |
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 5-Year Fixed Account |
Fixed
|
4.65%
Fixed
|
| 1-Year BlackRock ESG US 5% PTP Participation Rate Guaranteed for Term |
Point to Point
Annual
|
190%
Participation
|
| 1-Year Fidelity Multifactor Yield 5% ER PTP Participation Rate Guaranteed for Term |
Point to Point
Annual
|
190%
Participation
|
| 1-Year S&P MARC 5% ER PTP Participation Rate Guaranteed for Term |
Point to Point
Annual
|
190%
Participation
|
| 1-Year BlackRock ESG US 5% PTP Enhanced Participation Rate Guaranteed for Term |
Point to Point
Annual
|
225%
Participation
|
| 1-Year Fidelity Multifactor Yield 5% ER PTP Enhanced Participation Rate Guaranteed for Term |
Point to Point
Annual
|
225%
Participation
|
| 1-Year S&P MARC 5% ER PTP Enhanced Participation Rate Guaranteed for Term |
Point to Point
Annual
|
225%
Participation
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|---|
| Penalty | 9% | 8% | 7% | 6% | 5% |