NWL ChoiceOptimizer 5 MVA
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Learn how an annuity can provide guaranteed income for life.
Highlights
The NWL ChoiceOptimizer is a deferred annuity, meaning that income payments don’t start immediately after you pay the premium. Instead, your money may accumulate on a tax-deferred basis until a later date, when you may take it as a lump sum or in the form of regular payments.
It is a single premium annuity, meaning that you pay a one-time premium payment.
It is a Fixed Indexed Annuity, meaning that the value is subject to fixed minimum guarantees, and will never decline due to index movement alone.
All guarantees are subject to the claims-paying ability and financial strength of the issuing insurance company
It is a single premium annuity, meaning that you pay a one-time premium payment.
It is a Fixed Indexed Annuity, meaning that the value is subject to fixed minimum guarantees, and will never decline due to index movement alone.
All guarantees are subject to the claims-paying ability and financial strength of the issuing insurance company
Available in states:
AL, AK, AZ, AR, CO, CT, DE, DC, FL, GA, GU, HI, 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, PR, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY
|
Type
|
Fixed Index
|
|---|---|
|
Term
|
5 Years |
|
Surrender schedule
|
9%8%7%6%5% |
|
Free withdrawal
|
1st year: 0% 2nd+ year: 5% |
|
Market value adjustment
|
|
|
Return of premium
|
|
|
Minimum contribution
|
$25,000 |
|
Types of funds
|
Non-Qualified, IRA, Spousal IRA, SEP IRA, IRA-Roth, and NQ Stretch |
Brochure
|
Open brochure |
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 1-Year Fixed Account |
Fixed
|
3.35%
Fixed
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
9.05%
Cap
|
| 1-Year S&P 500 PTP Participation Rate |
Point to Point
Annual
|
24%
Participation
|
| 1-Year S&P 500 PTP Monthly Average Participation Rate |
Point to Point
Annual
Monthly average
|
54%
Participation
|
| 1-Year S&P 500 PTP Monthly Sum Cap |
Point to Point
Annual
Monthly sum
|
1.95%
Cap
|
| 1-Year S&P 500 LV DRC 5% ER PTP Participation Rate |
Point to Point
Annual
|
140%
Participation
|
| 2-Year S&P 500 LV DRC 8% ER PTP Participation Rate |
Point to Point
Biennial
|
112%
Participation
|
| 1-Year S&P 500 Performance Trigger |
Performance Triggered
Annual
|
7.3%
Performance triggered
|
| 1-Year Fixed Account |
Fixed
|
3.6%
Fixed
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
9.6%
Cap
|
| 1-Year S&P 500 PTP Participation Rate |
Point to Point
Annual
|
27%
Participation
|
| 1-Year S&P 500 PTP Monthly Average Participation Rate |
Point to Point
Annual
Monthly average
|
59%
Participation
|
| 1-Year S&P 500 PTP Monthly Sum Cap |
Point to Point
Annual
Monthly sum
|
2.1%
Cap
|
| 1-Year S&P 500 LV DRC 5% ER PTP Participation Rate |
Point to Point
Annual
|
150%
Participation
|
| 2-Year S&P 500 LV DRC 8% ER PTP Participation Rate |
Point to Point
Biennial
|
120%
Participation
|
| 1-Year S&P 500 Performance Trigger |
Performance Triggered
Annual
|
7.6%
Performance triggered
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|---|
| Penalty | 9% | 8% | 7% | 6% | 5% |