Best Guaranteed Annuity Rates

Green Mountain Freedom 5

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Premium Type
Single Premium
Max age Qualified
Minimum Contribution
Maximum Contribution
Market value adjustment
Return of premium
Free withdrawal
Types of funds
Non-Qualified, IRA, IRA Rollover, IRA Transfer, IRA-Roth, SIMPLE IRA, and 1035 Exchange
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Green Mountain Freedom 5 is a single premium, tax-deferred annuity that offers a sure and safe solution. With a guaranteed interest rate for the first five Policy Years, you earn with certainty, while your premium paid and earned interest are protected from market loss.

Issue Age
0 to 85 

Minimum Premium: $100,000 
Maximum Premium: 
  • Ages 0-70 $2,000,000 
  • Ages 71-75 $1,500,000 
  • Ages 76-80 $1,000,000 
  • Ages 81-85 $500,000 
Access to Value
During your lifetime, you may receive money from your annuity in several ways. You may: 
  • Make a full withdrawal. 
  • Make a partial withdrawal. 
  • Convert your annuity to periodic income. 
Your benefits will be based on either: 
  • The Accumulation Value of your annuity, which equals your premium, plus credited interest, minus any partial withdrawals taken and Withdrawal Charges assessed. 
  • The Cash Value of your annuity, which equals the Accumulation Value less applicable Withdrawal Charges. 
Free Withdrawals
When you take money from your annuity in the first five years, you may incur a Withdrawal Charge. The amount of the charge depends on how long you’ve had the annuity and how much you withdraw. 
  • Withdrawals in the first Policy Year are subject to a Withdrawal Charge. 
  • After the first Policy Year, you may withdraw in any one year up to 10% of the Accumulation Value without incurring a Withdrawal Charge. 

Income Payments
You can ask NLIC to convert your annuity to a periodic income (a series of payments) at any time after the first Policy Year. We will calculate the income using the Accumulation Value. 
You may choose how long income payments are to be made. Your current choices are: 
  • Designated period of time: Guarantees income for the designated period, available for periods of five to 25 years. 
  • Life: Guarantees income for as long as you live. 
  • Life income with a period certain: Guarantees income for as long as you live or for a chosen period certain, whichever is longer. If you die within the period certain, the income continues to your beneficiary for the remainder of the period certain. Periods certain are 10 years or 20 years. 
  • Joint and survivor life: Guarantees income for as long as you or your designated joint annuitant live. 
Death Benefit
With the Green Mountain Freedom 5, your named beneficiaries can avoid the expense, delay, and publicity of probate. If you die before we start to pay you periodic income under the Payment Options of your annuity, your beneficiary can choose to receive the death benefit as one payment or as a series of payments over time. The death benefit is the Accumulation Value. If your death occurs after periodic income payments have begun, any payments which remain to be paid under your payment option selection will be paid to your beneficiary.

Find out if the Green Mountain Freedom 5 is the right product for you.

MYGA Interest Rates

Annual percentage yield (APY)
earned over the investment term
5 years 5%


No Riders for Green Mountain Freedom 5 annuity.


No Waivers for Green Mountain Freedom 5 annuity.

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