Annuity rate data updated daily
Rate data refreshes daily from AdvisorWorld and CANNEX carrier feeds. View current rates
10%
Free W/D
48
Jurisdictions
Product data status: July 3, 2026
Rates, state availability, rider terms, and contract language must be confirmed with a licensed financial advisor or insurance professional before purchase. Guarantees are backed by the issuing insurer.
Model this product
Set your numbers and switch between growth, income, and liquidity. Index losses credit 0% — the floor — so a down market never reduces your value.
Free Comparison Report
See how Summit Laddered compares for your age, state, premium, and income goals alongside other Midland National fixed indexed annuity options.
Live rate data
Current rates, riders, crediting strategies, state availability, and contract facts stay scoped to this Midland National product.
Live product data
Rates as of July 2, 2026, based on the latest AdvisorWorld scan of CANNEX data.
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).
Best fit
Buyers with a six-figure deposit who want a multi-period guarantee structure inside an FIA chassis from a top-rated carrier and can pick between two surrender-term variants.
AM Best
A+ Superior
Surrender options
5 and 7 years
Free withdrawal
10%/yr
Availability
48 jurisdictions
Caps, participation rates, and declared rates are shown separately.
Fixed Account
Fixed Account
5.05% declared rate
Fixed account
1-year term · 5-year surrender · $100,000+
Rate varies by premium band.
1-year term
5-year surrender
$100,000+
Fixed Account
Fixed Account
5.15% declared rate
Fixed account
1-year term · 7-year surrender · $100,000+
Rate varies by premium band.
1-year term
7-year surrender
$100,000+
Product analyst notes
Not ideal for
Anyone planning around lifetime income (no rider on this product), anyone shopping below the published premium minimum, anyone who needs a published cap rate to make the buying decision today (the live feed currently shows only the fixed-rate floor), anyone who may need full liquidity inside the surrender window (MVA layers on top), and residents of California, New York, or Oregon (not filed in any of those states).
Free Comparison Report
See how Summit Laddered compares for your age, state, premium, and income goals alongside other Midland National fixed indexed annuity options.
These are the current crediting strategy listings returned for this product. Use the filters to narrow by index, term, premium band, state rate set, or rate type.
Fixed: 5.05% · 1-yr
Fixed Account
fixed
Fixed: 4.65% · 1-yr
Fixed Account
fixed
Fixed: 5.15% · 1-yr
Fixed Account
fixed
Fixed: 4.75% · 1-yr
Fixed Account
fixed
Rate not shown · 1-yr
Laddered Allocation Strategy
Laddered Allocation Strategy · AL
Rate not shown · 1-yr
Laddered Allocation Strategy
Laddered Allocation Strategy · AL
Lifetime income rider not available for this product
A guaranteed-lifetime-withdrawal (GLWB) rider was not returned for this product. Some carriers offer income features through other mechanics or separate contract versions — confirm income options with the carrier before comparing lifetime income.
A negative index return by itself does not reduce the contract's account value: Summit Laddered credits 0% — the floor — for that indexed period. The account value can still decrease from applicable rider fees, Performance Rate Rider or other strategy charges, administrative charges, withdrawals, surrender charges, or other contract-specific deductions. In years with no credited interest, those deductions can reduce the account value. Up to 10% of your value can be withdrawn each year without a charge; withdrawals above the penalty-free amount during the surrender period can incur a surrender charge.
Up to 10% of your account value each year is penalty-free. The surrender period runs 7 years; after that you reach full liquidity. The Liquidity tab of the analyzer shows the year-by-year surrender charge.
Use "Compare against" in the analyzer to overlay another current Summit Laddered strategy on the same premium, age, years, and hypothetical index path. The control labels the strategy type, rate, index, and context so caps, participation rates, triggers, spreads, and fixed-account choices are not treated as interchangeable.
Annual amount that may be available without surrender charges, subject to contract terms.
Nursing home waiver, RMD waiver
Beneficiary value depends on contract terms, withdrawals, and rider elections.
Guaranteed minimum interest rate for the fixed account.
Contract conversion options should be confirmed before purchase.
Availability can vary by state and product terms.
Yr 1
8%
Yr 2
7%
Yr 3
6%
Yr 4
5%
Yr 5
4%
Yr 6
3%
Yr 7
2%
After
0%
Nursing home waiver, RMD waiver, Surrender waivers
brochure
Direct link not published — request the document from the carrier.
Liquidity terms
A fixed indexed annuity can preserve more control than an income-only contract, but access is still governed by the surrender schedule, free-withdrawal terms, and waiver language. Those details are where many product comparisons become more meaningful than a simple rate list.
Verification note
Carrier materials such as summit laddered_compressed.pdf help explain the contract language behind the data on this page; the latest document activity we see is Apr 24, 2026. For the current brochure, rate sheet, or specimen contract, confirm the state-specific version with the carrier or a licensed financial professional.
Free Comparison Report
See how Summit Laddered compares for your age, state, premium, and income goals alongside other Midland National fixed indexed annuity options.