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 7

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
2.95% Fixed
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
40% Participation
2-Year Fidelity Multifactor Yield 5% ER PTP Enhanced Participation Rate
Point to Point
Biennial
305% Participation
1-Year Fidelity Multifactor Yield 5% ER PTP Enhanced Participation Rate
Point to Point
Annual
220% Participation
2-Year Fidelity Multifactor Yield 5% ER PTP Participation Rate
Point to Point
Biennial
240% Participation
1-Year Fidelity Multifactor Yield 5% ER PTP Participation Rate
Point to Point
Annual
180% 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
8% Cap
1-Year S&P MARC 5% ER PTP Participation Rate
Point to Point
Annual
170% Participation
2-Year S&P MARC 5% ER PTP Participation Rate
Point to Point
Biennial
225% Participation
1-Year S&P 500 LV DRC 5% TR PTP Spread
Point to Point
Annual
4.5% Spread
1-Year BlackRock ESG US 5% ER PTP Participation Rate
Point to Point
Annual
170% Participation
2-Year BlackRock ESG US 5% ER PTP Participation Rate
Point to Point
Biennial
220% 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
305% Participation
1-Year S&P 500 Inverse Performance Triggered
Inverse Perf Triggered
Annual
7.75% Performance triggered
1-Year Fixed Account
Fixed
3.2% Fixed
2-Year BlackRock ESG US 5% ER PTP Enhanced Participation Rate
Point to Point
Biennial
315% Participation
1-Year BlackRock ESG US 5% ER PTP Enhanced Participation Rate
Point to Point
Annual
230% Participation
2-Year BlackRock ESG US 5% ER PTP Participation Rate
Point to Point
Biennial
235% Participation
1-Year BlackRock ESG US 5% ER PTP Participation Rate
Point to Point
Annual
180% Participation
1-Year S&P 500 PTP Monthly Sum Cap
Point to Point
Annual
Monthly sum
2.3% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
9% 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
180% Participation
2-Year S&P MARC 5% ER PTP Participation Rate
Point to Point
Biennial
235% Participation
1-Year S&P 500 LV DRC 5% PTP Spread
Point to Point
Annual
3.75% Spread
1-Year Fidelity Multifactor Yield 5% ER PTP Participation Rate
Point to Point
Annual
190% Participation
2-Year Fidelity Multifactor Yield 5% ER PTP Participation Rate
Point to Point
Biennial
255% Participation
1-Year Fidelity Multifactor Yield 5% ER PTP Enhanced Participation Rate
Point to Point
Annual
230% Participation
2-Year Fidelity Multifactor Yield 5% ER PTP Enhanced Participation Rate
Point to Point
Biennial
315% Participation
1-Year S&P 500 Inverse Performance Triggered
Inverse Perf Triggered
Annual
8.25% Performance triggered

Surrender schedule

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