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Best Guaranteed Annuity Rates
2-Year
5.70%
3-Year
6.25%
5-Year
6.25%
7-Year
6.00%
10-Year
5.80%

MNL Endeavor 8

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Highlights

MNL Endeavor 8 is a deferred, flexible-premium, fixed index annuity. The value will grow at a rate based on the fixed or index account (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 premium will never be at risk of decreasing due to those losses. 
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
Purpose Accumulation
Term
8 Years
Surrender schedule
10%10%10%10%9%8%5%3%
Free withdrawal
1st year: 0%
2nd+ year: 10%
Flexible premium Product Life
Market value adjustment
Return of premium
Launch date
10/15/2010
Minimum contribution
$20,000
Maximum contribution
$1,000,000
Max Age Qualified
85
Types of funds
Non-Qualified, IRA, Spousal IRA, IRA Rollover, IRA Transfer, SEP IRA, IRA-Roth, Inherited IRA, NQ Stretch, and TSP
Brochure
Open brochure

Find out if the MNL Endeavor 8 is the right product for you.

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Premium Notes

The MNL Endeavor 8 is available at issue ages 0-85 (qualified and non-qualified). 
For issue ages 0-17, a Uniform Gift to Minors Act (UGMA) or Uniform Transfers to Minors Act (UTMA) custodial account must be established. 

Note: if eligible you may roll over TSP to us to be administered as a qualified tax status that we offer.

Withdrawal Provisions

Penalty-free withdrawals
Like most annuities, you’ll be limited in when and how much you can withdraw from your annuity penalty-free. After the first contract anniversary, you may choose to take a penalty-free withdrawal (also known as a penalty free partial surrender) of up to 10% of the accumulation value each year. If you withdraw more than that, a surrender charge and market value adjustment may apply.
After the surrender charge period, surrender charges and a market value adjustment will no longer apply.
Withdrawals may be treated by the government as ordinary income. If taken before age 59 1/2, you may also have to pay a 10% IRS penalty. Withdrawals will reduce your accumulation value accordingly.
By current company practice*, we’ll waive surrender charges and interest adjustments on any portion of an IRS-required minimum distribution that goes beyond what’s available to you penalty-free.
*A feature offered “by current company practice” is not a contractual guarantee of this annuity contract and can be removed or changed at any time. 

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
3.45% Fixed
1-Year Fidelity Multifactor Yield 5% ER PTP Spread
Point to Point
Annual
0.75% Spread
2-Year Fidelity Multifactor Yield 5% ER PTP Participation Rate
Point to Point
Biennial
195% Participation
1-Year S&P 500 PTP Daily Average Spread
Point to Point
Annual
Daily average
4% Spread
1-Year S&P 500 LV DRC 5% TR PTP Cap
Point to Point
Annual
5.75% Cap
2-Year S&P 500 LV DRC 8% TR PTP Spread
Point to Point
Biennial
3.5% Spread
2-Year S&P MARC 5% ER PTP Participation Rate
Point to Point
Biennial
200% Participation
1-Year Nasdaq-100 PTP Monthly Sum Cap
Point to Point
Annual
Monthly sum
2.1% Cap
1-Year S&P 500 LV DRC 5% TR PTP Spread
Point to Point
Annual
3.5% Spread
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
30% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
7% Cap
1-Year S&P 500 PTP Monthly Sum Cap
Point to Point
Annual
Monthly sum
1.9% Cap
1-Year S&P MARC 5% ER PTP Participation Rate
Point to Point
Annual
150% Participation
1-Year S&P 500 Inverse Performance Triggered
Inverse Perf Triggered
Annual
8.75% Performance triggered
1-Year Fixed Account
Fixed
3.75% Fixed
1-Year Fidelity Multifactor Yield 5% ER PTP Spread
Point to Point
Annual
2-Year Fidelity Multifactor Yield 5% ER PTP Participation Rate
Point to Point
Biennial
230% Participation
1-Year S&P 500 PTP Daily Average Spread
Point to Point
Annual
Daily average
3% Spread
1-Year S&P 500 LV DRC 5% TR PTP Cap
Point to Point
Annual
7% Cap
2-Year S&P 500 LV DRC 8% TR PTP Spread
Point to Point
Biennial
2.7% Spread
2-Year S&P MARC 5% ER PTP Participation Rate
Point to Point
Biennial
230% Participation
1-Year S&P MARC 5% ER PTP Participation Rate
Point to Point
Annual
165% Participation
1-Year S&P 500 PTP Monthly Sum Cap
Point to Point
Annual
Monthly sum
2.2% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
7.75% Cap
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
35% Participation
1-Year S&P 500 LV DRC 5% TR PTP Spread
Point to Point
Annual
3% Spread
1-Year Nasdaq-100 PTP Monthly Sum Cap
Point to Point
Annual
Monthly sum
2.3% Cap
1-Year S&P 500 Inverse Performance Triggered
Inverse Perf Triggered
Annual
9.5% Performance triggered

Surrender schedule

Year 1 2 3 4 5 6 7 8
Penalty 10% 10% 10% 10% 9% 8% 5% 3%

Riders

No Riders for MNL Endeavor 8 annuity.

Waivers

Nursing Home

Unavailable in states: MA

For those 75 years old and under when your annuity is issued, you’ll automatically get a benefit at no additional cost that helps you out if you ever need the services of a qualified nursing home facility. After your first contract anniversary, a qualifying stay of at least 90 consecutive days will grant you a 10% increase in the penalty-free amount you can withdraw each year you remain in the nursing home. You can spend these funds on whatever you would like. The nursing home waiver does not include home health care.

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