Annuity Educator
Best Guaranteed Annuity Rates
2-Year
5.25%
3-Year
6.25%
5-Year
6.30%
7-Year
5.80%
10-Year
5.80%

Summit Edge 5

In the complex world of retirement planning, annuities stand out as a popular choice for those seeking steady income streams in their golden years. Amidst a crowded market, a few annuity companies have distinguished themselves through their robust financial strength, customer service excellence, and diverse product offerings.

Get an annuity today!

Learn how an annuity can provide guaranteed income for life.

The Summit Edge Fixed Index Annuity may be a good fit if you want: 
  • Protection against losses during stock market downturns 
  • Growth potential through multiple index options and crediting methods 
  • Guarantees through the certainty of a fixed rate option 
  • Stability provided by A+ rated Midland National┬« Life Insurance Company 
  • Tax deferral 
  • Death benefit to help provide a legacy to loved ones or a favorite cause 
  • Access to additional features including: 
    • Penalty-free withdrawals 
    • Nursing home confinement waiver
    • Flexible payout options 
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
2.85% Fixed
1-Year BlackRock ESG US 5% ER PTP Participation Rate
Point to Point
Annual
165% Participation
2-Year BlackRock ESG US 5% ER PTP Participation Rate
Point to Point
Biennial
215% Participation
1-Year BlackRock ESG US 5% ER PTP Enhanced Participation Rate
Point to Point
Annual
210% Participation
2-Year BlackRock ESG US 5% ER PTP Enhanced Participation Rate
Point to Point
Biennial
300% Participation
1-Year S&P 500 LV DRC 5% TR PTP Spread
Point to Point
Annual
5% Spread
2-Year S&P MARC 5% ER PTP Participation Rate
Point to Point
Biennial
220% Participation
1-Year S&P MARC 5% ER PTP Participation Rate
Point to Point
Annual
165% Participation
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
40% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
7.75% Cap
1-Year S&P 500 PTP Monthly Sum Cap
Point to Point
Annual
Monthly sum
2.05% Cap
1-Year Fidelity Multifactor Yield 5% ER PTP Participation Rate
Point to Point
Annual
175% Participation
2-Year Fidelity Multifactor Yield 5% ER PTP Participation Rate
Point to Point
Biennial
235% Participation
2-Year Fidelity Multifactor Yield 5% ER PTP Enhanced Participation Rate
Point to Point
Biennial
300% Participation
1-Year Fidelity Multifactor Yield 5% ER PTP Enhanced Participation Rate
Point to Point
Annual
210% Participation
1-Year S&P 500 Inverse Performance Triggered
Inverse Perf Triggered
Annual
7.5% Performance triggered
1-Year Fixed Account
Fixed
3.1% Fixed
1-Year BlackRock ESG US 5% ER PTP Participation Rate
Point to Point
Annual
175% Participation
2-Year BlackRock ESG US 5% ER PTP Participation Rate
Point to Point
Biennial
230% Participation
1-Year BlackRock ESG US 5% ER PTP Enhanced Participation Rate
Point to Point
Annual
220% Participation
2-Year BlackRock ESG US 5% ER PTP Enhanced Participation Rate
Point to Point
Biennial
310% Participation
1-Year S&P 500 PTP Monthly Sum Cap
Point to Point
Annual
Monthly sum
2.25% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
8.75% Cap
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
40% Participation
1-Year S&P MARC 5% ER PTP Participation Rate
Point to Point
Annual
175% Participation
2-Year S&P MARC 5% ER PTP Participation Rate
Point to Point
Biennial
230% Participation
1-Year S&P 500 LV DRC 5% PTP Spread
Point to Point
Annual
4% Spread
1-Year Fidelity Multifactor Yield 5% ER PTP Participation Rate
Point to Point
Annual
185% Participation
2-Year Fidelity Multifactor Yield 5% ER PTP Participation Rate
Point to Point
Biennial
250% Participation
2-Year Fidelity Multifactor Yield 5% ER PTP Enhanced Participation Rate
Point to Point
Biennial
310% Participation
1-Year Fidelity Multifactor Yield 5% ER PTP Enhanced Participation Rate
Point to Point
Annual
220% Participation
1-Year S&P 500 Inverse Performance Triggered
Inverse Perf Triggered
Annual
8% Performance triggered

Surrender schedule

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