MNL Income Planning Annuity

The MNL Income Planning Annuity is a fantastic tool for those approaching retirement or needing a reliable income. This product stands out with dependable returns and the flexibility to adjust to your life's changes.

Protecting your hard-earned savings while growing your nest egg is their forte. Peace of mind and security - that's what you get with MNL Income Planning Annuity.

MNL Income Planning Annuity-brochure MNL Income Planning Annuity-brochure

MNL Income Planning Annuity

Your Email

Ratings:

  • A.M. Best A+
  • Fitch A+
  • S&P A+
  • Comdex 89

Calculate My Free Quotes Now!

$

No agent will call you

About Product

Type
Fixed Index
Purpose
Lifetime Income
Term
10 Years
Surrender schedule
10%10%10%10%10%9%8%6%4%2%
Fee withdrawal:
5%
Market Value Adjustment
Yes
Return Of Premium
No
Minimum Contribution
$20,000
Maximum Contribution
$1,000,000
Max Age Qualified
79
Types Of Funds
Non-Qualified, IRA, IRA Rollover, IRA Transfer, SEP IRA, IRA-Roth, and TSP
Launch Date
05/07/2019
With the MNL Income Planning Annuity, you can rest confidently knowing what your guaranteed payout will be. While life doesn’t always offer the same kind of guarantees, the GLWB helps protect you for some of the unpredictable “what ifs” in life. 
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

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
2.5% Fixed
2-Year Fidelity Multifactor Yield 5% ER PTP Participation Rate
Point to Point
Biennial
160% Participation
1-Year Fidelity Multifactor Yield 5% ER PTP Spread
Point to Point
Annual
1-Year S&P 500 LV DRC 5% TR PTP Cap
Point to Point
Annual
5% Cap
1-Year S&P 500 LV DRC 5% TR PTP Spread
Point to Point
Annual
2% Spread
2-Year S&P 500 LV DRC 8% TR PTP Spread
Point to Point
Biennial
3.5% Spread
1-Year S&P 500 PTP Daily Average Spread
Point to Point
Annual
Daily average
5% Spread
1-Year S&P 500 PTP Monthly Average Cap
Point to Point
Annual
Monthly average
2% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
5% Cap
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
25% Participation
1-Year S&P MARC 5% ER PTP Participation Rate
Point to Point
Annual
100% Participation
2-Year S&P MARC 5% ER PTP Participation Rate
Point to Point
Biennial
150% Participation
1-Year Nasdaq-100 PTP Monthly Sum Cap
Point to Point
Annual
Monthly sum
2.1% Cap
1-Year S&P 500 Inverse Performance Triggered
Inverse Perf Triggered
Annual
6% Performance triggered

Surrender schedule

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

Are you sure this is really the best annuity for you?

See if this annuity is in your Real TOP 3 of best annuities in Ohio
$
!

Riders

Name Inbuilt Fee
MNL Income Planning Rider Yes 1.25% annually

Waivers

Nursing Home

Unavailable in states: CA, and SD

After your first contract year, if you become confined to a qualified nursing care facility for 90 consecutive days, you can withdraw 100% of your accumulation value without a surrender charge and without application of an MVA. You cannot be confined at the time your contract is issued. This rider is automatically included with your annuity at no additional charge. If joint annuitants are named on the annuity, waiver will apply to the first annuitant who qualifies for the benefit, but not both. The nursing home waiver does not include home health care.

ADL

Unavailable in states: CA

LPA multiplier can double LPA for up to five years if unable to perform two of six activities of daily living (ADLs)

Premium Notes

The amount paid to the insurance company to fund an annuity. $20,000 minimum (qualified and non-qualified)

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
Beginning first contract year, up to 5% of the initial premium may be taken each year.

You might also be interested in

James Alden Experienced Financial Advisor
25 years experience
3,712 career consultations
4 slots free for today
scheduling.
Your Name
Your Phone
Thank you for your trust! I have received your contact information. Please wait for a call within 30 minutes. 😌