Midland National
An A+ rated annuity carrier founded in 1906 and headquartered in Sioux Falls, South Dakota, with retirement products issued through the Sammons Financial Group family.
Financial strength
A+
A.M. Best
A+
S&P Global
A+
Fitch
A+ rated carrier
A.M. Best A+ from the live CANNEX rating feed; S&P and Fitch A+ from the research packet.
Founded 1906
Founded as Dakota Mutual Life Insurance Company and renamed Midland National in 1925.
Sioux Falls, SD
Headquartered in Sioux Falls, South Dakota.
1M+ customers
Midland reports serving more than one million customers.
Sammons member
Member of Sammons Financial Group, described in the packet as employee-owned.
Run live numbers on Midland National products
Choose a product type, then select a current product. The analyzer shows the values returned for your premium, age, state, and timing, and leaves out fields that are not published for that selection.
Income FIAs
Selected product: Capital Income
An income-focused fixed indexed annuity group for comparing rider-driven lifetime-income scenarios.
Other current products
Free Comparison Report
Get Midland National's current rate report
Compare Midland National's live rates, carrier ratings, and product tradeoffs against alternatives in one personalized report.
Explore Midland National products
Midland National’s lineup, grouped by what each product group is built to do. Current rates are pulled from the daily carrier rate service.
Fixed Index Annuity - Growth
Index-linked annuities built for protected growth, with caps, participation rates, and fixed-account options surfaced from live product data.
- Growth-oriented FIAs grouped by accumulation purpose
- Individual product pages carry current rates, terms, riders, and disclosures
Best for: Buyers comparing principal-protected growth potential before opening a product page for the full live strategy set.
Accelerate 5
A short-surrender (five-year) accumulation-focused fixed indexed annuity from A-plus-rated Midland National with an S&P 500 annual point-to-point cap, a proprietary participation-rate menu, and an annual free-withdrawal allowance — no income rider attached.
S&P 500 annual cap
9.5%
IndexMax ADV
A fee-based / advisory-share fixed indexed annuity from A-plus-rated Midland National with a choice of two surrender-term variants and an annual free-withdrawal allowance — current declared index caps are not on the live feed right now, so they should be sourced directly from the carrier before purchase.
Comparable FIA metric
Cap, participation, and trigger rates vary by state and strategy - view product for live rates.
MNL Endeavor 8
An eight-year accumulation-focused fixed indexed annuity from A-plus-rated Midland National with an S&P 500 annual point-to-point cap, a proprietary participation-rate menu, and an annual free-withdrawal allowance — positioned above the entry-level FIA premium floor, no income rider attached.
S&P 500 annual cap
9.6%
MNL IndexBuilder 10
A ten-year accumulation-focused fixed indexed annuity from A-plus-rated Midland National with an up-front premium bonus, a wide menu of S&P 500 / Nasdaq-100 caps and proprietary participation-rate strategies, and a mid-tier premium minimum — no income rider attached.
S&P 500 annual cap
6.25%
MNL RetireVantage 10
A ten-year accumulation-focused fixed indexed annuity from A-plus-rated Midland National with one of the higher S&P 500 caps in the carrier's lineup, a proprietary participation-rate menu, and an annual free-withdrawal allowance — mid-tier premium minimum, no income rider attached.
S&P 500 annual cap
10.6%
Summit Focus 3
An unusually short (three-year) fee-based / advisory-share fixed indexed annuity from A-plus-rated Midland National, with a fee-bearing participation-rate strategy menu and a six-figure premium minimum — filed in 49 jurisdictions (all states and DC except Idaho and New York).
S&P 500 3-year participation
65%
Summit Laddered
A newly filed (early 2026) laddered fixed-rate-leaning fixed indexed annuity from A-plus-rated Midland National with a choice of two surrender-term variants and an annual free-withdrawal allowance — six-figure premium minimum, filed in 48 jurisdictions (excludes California, New York, and Oregon).
Comparable FIA metric
Cap, participation, and trigger rates vary by state and strategy - view product for live rates.
Summit Navigate
A safety-leaning fixed indexed annuity from A-plus-rated Midland National with a choice of two surrender-term variants, no premium minimum, and an annual free-withdrawal allowance — current declared index caps are not on the live feed right now and should be sourced directly from the carrier before purchase.
Comparable FIA metric
Cap, participation, and trigger rates vary by state and strategy - view product for live rates.
Rates are pulled live from CANNEX via the AdvisorWorld data feed · 2026-07-03. Caps, payout rates, and guaranteed rates vary by state, premium band, and rider election — confirm current terms on each product page.
Free Comparison Report
Get Midland National's current rate report
Compare Midland National's live rates, carrier ratings, and product tradeoffs against alternatives in one personalized report.
Find your fit
Choose the job for the money, then open the Midland product review that matches that goal.
How lifetime income builds
See how a guaranteed-income benefit can turn a premium into lifetime income using this carrier’s current income terms.
Lifetime withdrawal rate
6.45%
Income option type
Level
from current CANNEX option
Annual fee
1%
benefit charge
Premium
$100,000
Income calculation value
$100,000
Annual lifetime income
$6,450
This selection is labeled by CANNEX as level income. Current data did not publish a separate income-base roll-up or income-base bonus for this option, so this quick illustration applies the current withdrawal rate to the entered premium only.
Financial strength
A.M. Best
CurrentA+
Superior financial-strength rating
Confirmed live via CANNEX rating feed at render
CANNEX ratings feed; Midland National research packet · current rating check
S&P Global
A+
Strong financial-strength rating
Research packet dated June 2026
Midland National research packet
Fitch
A+
Stable financial-strength rating
Research packet dated June 2026
Midland National research packet
About Midland National
Midland National was founded in 1906 as Dakota Mutual Life Insurance Company and was renamed Midland National in 1925.
June 2026 packet · Midland National research packet
The company is headquartered in Sioux Falls, South Dakota, and is a member of Sammons Financial Group.
June 2026 packet · Midland National research packet
The research packet describes Sammons Financial Group as employee-owned and notes that Midland serves more than one million customers.
June 2026 packet · Midland National research packet
On ARHQ, Midland National product pages stay product-specific: the carrier hub previews the lineup and routes each live product to its own review page for rates, riders, state availability, and disclosures.
At render · ARHQ product catalog and page architecture
Free Comparison Report
Get Midland National's current rate report
Compare Midland National's live rates, carrier ratings, and product tradeoffs against alternatives in one personalized report.
Sources
- Midland National research packet - company history, headquarters, ownership, customer count, ratings — June 2026
- Live A.M. Best rating: CANNEX via the AdvisorWorld public API — At render
- Live product catalog, product detail, rates, riders, and strategy metrics: CANNEX via AdvisorWorld public API — At render