Mesa Guard with 10% Free Withdrawal

Mesa Guard can help you reach your retirement goals while enjoying tax deferred growth and the opportunity to receive a guaranteed stream of income, safe from market downturns and declining interest rates.

Riders & Features (included)
Bailout Rider: Mountain Life’s Mesa Guard is a single premium tax-deferred fixed annuity that can provide favorable interest crediting. The first year will credit 6% - Guaranteed. After the first year the company may adjust the crediting rate. However, if the crediting rate falls below 5% during years 2-5, the client may opt out of the contract – penalty free, without surrender charges or MVA (market value adjustment). Initial fixed interest rate guarantee period: 1 year Eligible Ages: 0-90 Premium: Single Premium Minimum Premium: $5,000 Maximum Premium: $1,000,000 (without home office approval).
Market Value Adjustment Rider: A Market Value Adjustment will apply to withdrawals from the policy unless otherwise waived. The market value adjustment is based on the amount surrendered, withdrawn, or applied to an annuity option reduced by the amount of any remaining free withdrawal amount. The MVA may increase or decrease the amounts payable. The market value adjustment factor will never exceed the difference between the cash surrender value without the market value adjustment and the minimum nonforfeiture amount, positive or negative.
5% Free Withdrawal: The Owner may take partial withdrawals of up to 5% of the previous year-ending Accumulation Value in policy years 2 and greater without Surrender Charge of Market Value Adjustment. 

Riders (optional): Election results in a reduction of 25 bps to rate. 

Minimums
Minimum surrender and withdrawal amount: $100. Minimum account balance after surrenders and withdrawals: $2,000

Annuitization
Beginning at the first contract anniversary, you may elect to have the account value annuitized to you under an annuity option.