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Best Guaranteed Annuity Rates
2-Year
5.70%
3-Year
6.25%
5-Year
6.50%
7-Year
5.85%
10-Year
5.80%

MNL IndexBuilder 14 Low Band

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Highlights

The MNL IndexBuilder 14 is a flexible premium, fixed index annuity that offers you growth potential for your retirement assets but also protection from losses due to downside market fluctuations. 
Available in states: AL, AZ, AR, CA, CO, DC, FL, GA, IL, IA, KS, KY, LA, ME, MA, MI, MS, NE, NH, NM, NC, ND, RI, SD, TN, VT, WV, WI, and WY
Type
Fixed Index
Purpose Accumulation
Premium Bonus
10%
Term
14 Years
Surrender schedule
12%12%11%11%10%9%8%7%6%5%4%3%2%1%
Free withdrawal
1st year: 0%
2nd+ year: 10%
Flexible premium Product Life
Market value adjustment
Return of premium
Launch date
09/01/2015
Minimum contribution
$20,000
Maximum contribution
$74,999
Max Age Qualified
75
Types of funds
Non-Qualified, 401k, IRA, Spousal IRA, IRA Rollover, 401a, IRA Transfer, SEP IRA, IRA-Roth, and TSP
Brochure
Open brochure

Find out if the MNL IndexBuilder 14 Low Band is the right product for you.

Premium Notes

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

Withdrawal Provisions

Market Value Adjustment
Your Contract also includes a market value adjustment feature - which may decrease or increase your surrender value depending on the change in the index value of the market value adjustment external index since your annuity purchase. Due to the mechanics of a market value adjustment, surrender values generally decrease as the market value adjustment external index rises or remains constant. When the market value adjustment external index decreases enough over time, the surrender value generally increases. However, the market value adjustment is limited to the interest credited to the accumulation value.

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, a penalty-free withdrawal (also known as a penalty-free partial surrender), of up to 10% of the accumulation value may be taken each year. After the surrender charge period, surrender charges, premium bonus recapture and a market value adjustment no longer apply to any withdrawals.
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, premium bonus recapture, and market value 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
2.6% Fixed
1-Year BlackRock ESG US 5% ER PTP Enhanced Participation Rate
Point to Point
Annual
155% Participation
2-Year Fidelity Multifactor Yield 5% ER PTP Enhanced Participation Rate
Point to Point
Biennial
240% Participation
1-Year Fidelity Multifactor Yield 5% ER PTP Enhanced Participation Rate
Point to Point
Annual
155% Participation
2-Year S&P MARC 5% ER PTP Enhanced Participation Rate
Point to Point
Biennial
210% Participation
1-Year S&P MARC 5% ER PTP Enhanced Participation Rate
Point to Point
Annual
155% Participation
1-Year BlackRock ESG US 5% ER PTP Spread
Point to Point
Annual
2-Year BlackRock ESG US 5% ER PTP Participation Rate
Point to Point
Biennial
165% Participation
2-Year S&P 500 LV DRC 8% PTP Participation Rate
Point to Point
Biennial
50% Participation
1-Year S&P MARC 5% ER PTP Participation Rate
Point to Point
Annual
115% Participation
2-Year S&P MARC 5% ER PTP Participation Rate
Point to Point
Biennial
160% Participation
2-Year Fidelity Multifactor Yield 5% ER PTP Participation Rate
Point to Point
Biennial
165% Participation
1-Year Fidelity Multifactor Yield 5% ER PTP Spread
Point to Point
Annual
1-Year S&P 500 LV DRC 5% TR PTP Spread
Point to Point
Annual
4% Spread
1-Year S&P 500 PTP Monthly Sum Cap
Point to Point
Annual
Monthly sum
1.9% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
6.25% Cap
2-Year BlackRock ESG US 5% ER PTP Enhanced Participation Rate
Point to Point
Biennial
220% Participation
1-Year S&P 500 Inverse Performance Triggered
Inverse Perf Triggered
Annual
7.5% Performance triggered
1-Year Nasdaq-100 Volatility Control 12% PTP Enhanced Participation Rate
Point to Point
Annual
75% Participation
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
40% Participation
1-Year S&P 500 Dynamic Intraday TCA PTP Participation Rate
Point to Point
Annual
45% Participation
1-Year Nasdaq-100 Volatility Control 12% PTP Participation Rate
Point to Point
Annual
55% Participation
1-Year Fidelity Multifactor Yield 5% ER PTP Participation Rate
Point to Point
Annual
125% Participation
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
55% Participation
2-Year S&P 500 Dynamic Intraday TCA PTP Participation Rate
Point to Point
Biennial
65% Participation
2-Year Nasdaq-100 Volatility Control 12% PTP Participation Rate
Point to Point
Biennial
75% Participation
1-Year S&P 500 Dynamic Intraday TCA PTP Enhanced Participation Rate
Point to Point
Annual
65% Participation

Surrender schedule

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

Riders

No Riders for MNL IndexBuilder 14 Low Band annuity.

Waivers

Nursing Home

Unavailable in states: MA

After the first contract anniversary, if you are confined to a qualified nursing care center as defined in the rider (skilled nursing facility or residential care facility for the elderly in CA), you may withdraw up to 100% of your accumulation value without a surrender charge, MVA, or premium bonus recapture as long as you meet the eligibility requirements for this rider. If you withdraw 100% of your accumulation value, your contract and any applicable riders will terminate. This rider is automatically included with your annuity at no additional charge. Refer to the rider for additional details, including benefit terms, conditions, and limitations.

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