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2-Year
5.55%
3-Year
6.25%
5-Year
6.50%
7-Year
5.85%
10-Year
5.80%

NAC Secure Horizon Choice 7

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Highlights

The North American Secure Horizon Choice, a fixed index annuity, can help you confidently take control of your financial future. Secure Horizon Choice offers protection, an enhanced opportunity for growth, and tax deferral.
With Secure Horizon Choice, you can customize your growth strategy according to your retirement needs. You have the opportunity to earn interest based on the positive performance of one or more broadly diversified U.S. and global indices. Interest credits, if any, are calculated based on the strategy option you select. Any interest credited at the end of the strategy term is based on positive index performance and crediting strategy components. In addition, premium allocated to the Fixed Account will earn the current interest rate, which is credited daily.

Performance Strategy Ladder
The Term Point-to-Point Participation Rate Strategy Ladder (or Strategy Ladder) and Term Point-to-Point Participation Rate Strategy Ladder with Strategy Charge (or Strategy Ladder with Strategy Charge) methods allocate your premium equally across five index account Strategies with different term lengths. This combination of term lengths is designed to take advantage of higher participation rates generally associated with longer terms. Because at least one strategy’s term will end each Contract year, the Strategy Ladder and Strategy Ladder with Strategy Charge also provide the potential for interest credits each year.
At the end of each Strategy or sub-allocation’s term length, the accumulation value allocated to that sub-allocation may receive interest credits and will then automatically transfer to a new Strategy with a new term length and participation rates that will be declared at that time. The Strategy Ladder and Strategy Ladder with Strategy Charge will end at the end of the 7th Contract year and all funds will then be allocated to a One-year Point-to-Point with Participation Rate or One-year Point-to-Point with Participation Rate and Strategy Charge respectively unless you instruct otherwise.
You may only allocate premium to the Strategy Ladder and Strategy Ladder with Strategy Charge on the Contract’s issue date.

**Please note: The Retirement Benefits Rider is not displayed in the calculators because it does not have a lifetime income feature.
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
Type
Fixed Index
Purpose Accumulation +ADL/Legacy/Income
Term
7 Years
Surrender schedule
9%8%7%6%5%4%3%
Free withdrawal
1st year: 0%
2nd+ year: 10%
Market value adjustment
Return of premium
Launch date
01/24/2023
Minimum contribution
$25,000
Maximum contribution
$1,000,000
Max Age Qualified
85
Types of funds
Non-Qualified, IRA, IRA Rollover, IRA Transfer, SEP IRA, and IRA-Roth
Brochure
Open brochure

Find out if the NAC Secure Horizon Choice 7 is the right product for you.

Premium Notes

Issue Ages
0-85 (base product only)

Minimum Premium
Single premium, $25,000, qualified, and non-qualified 

Withdrawal Provisions

Penalty-free Withdrawals
Beginning in the second contract year, once each contract year the client may take a penalty-free withdrawal (also known as a penalty-free partial surrender), without surrender charges or market value adjustment, of up to 10% of the beginning of year accumulation value.

Market Value Adjustment (MVA)
An adjustment applied only during the surrender charge period to full surrenders and any partial surrenders in excess of the Penalty-free Partial Surrender Allowance. The MVA will not be applied upon death. 

Allocation Accounts

Name Type Rates
2-Year Term S&P PRISM PTP Participation Rate
Performance Ladder
Biennial
215% Participation
5-Year Term Loomis Sayles Managed Futures PTP Participation Rate
Performance Ladder
5-Year
450% Participation
4-Year Term Loomis Sayles Managed Futures PTP Participation Rate
Performance Ladder
4-Year
400% Participation
3-Year Term Loomis Sayles Managed Futures PTP Participation Rate
Performance Ladder
Triennial
375% Participation
2-Year Term Loomis Sayles Managed Futures PTP Participation Rate
Performance Ladder
Biennial
325% Participation
1-Year Term Loomis Sayles Managed Futures PTP Participation Rate
Performance Ladder
Annual
230% Participation
5-Year Term Loomis Sayles Managed Futures PTP Participation Rate
Performance Ladder
5-Year
400% Participation
4-Year Term Loomis Sayles Managed Futures PTP Participation Rate
Performance Ladder
4-Year
350% Participation
3-Year Term Loomis Sayles Managed Futures PTP Participation Rate
Performance Ladder
Triennial
325% Participation
2-Year Term Loomis Sayles Managed Futures PTP Participation Rate
Performance Ladder
Biennial
275% Participation
1-Year Term Loomis Sayles Managed Futures PTP Participation Rate
Performance Ladder
Annual
195% Participation
5-Year Term S&P PRISM PTP Participation Rate
Performance Ladder
5-Year
325% Participation
4-Year Term S&P PRISM PTP Participation Rate
Performance Ladder
4-Year
300% Participation
3-Year Term S&P PRISM PTP Participation Rate
Performance Ladder
Triennial
285% Participation
2-Year Term S&P PRISM PTP Participation Rate
Performance Ladder
Biennial
250% Participation
1-Year Term S&P PRISM PTP Participation Rate
Performance Ladder
Annual
190% Participation
5-Year Term S&P PRISM PTP Participation Rate
Performance Ladder
5-Year
290% Participation
4-Year Term S&P PRISM PTP Participation Rate
Performance Ladder
4-Year
260% Participation
3-Year Term S&P PRISM PTP Participation Rate
Performance Ladder
Triennial
240% Participation
1-Year Term S&P PRISM PTP Participation Rate
Performance Ladder
Annual
165% Participation
1-Year Fixed Account
Fixed
4.1% Fixed
1-Year S&P 500 PTP Cap
Point to Point
Annual
8.75% Cap
1-Year S&P PRISM PTP Participation Rate
Point to Point
Annual
165% Participation
1-Year S&P PRISM PTP Participation Rate
Point to Point
Annual
190% Participation
1-Year Loomis Sayles Managed Futures PTP Participation Rate
Point to Point
Annual
195% Participation
1-Year Loomis Sayles Managed Futures PTP Participation Rate
Point to Point
Annual
230% Participation

Surrender schedule

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

Riders

Name Inbuilt Fee
Secure Horizon Choice Retirement Benefits Rider No 0.50% annually
Secure Horizon Choice Retirement Benefits Rider (OH) No 0.50% annually

Waivers

Nursing Home

Unavailable in states: SD

After the first Contract anniversary, if the covered person provides proof of a medically necessary confinement to a qualified nursing care center (skilled nursing facility or residential care facility for the elderly in California) for at least 90 consecutive days (some states may vary) you may withdraw up to 100% of your accumulation value without a surrender charge or MVA. If you withdraw 100% of your accumulation value, your Contract will terminate. This waiver is automatically included with your annuity at no additional charge. Potential interest credits for any partial crediting term are not available with this benefit and are only available as part of the Contract death benefit.

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