
Midland National
Midland MNL Guarantee Pro®
About this product
MNL Guarantee Pro is a single-premium multi-year guarantee annuity (MYGA) designed to help protect retirement savings while offering tax-deferred growth and guaranteed fixed interest rates for three, five, or seven years. The annuity provides flexibility through penalty-free interest withdrawals and income options after the guarantee period. It is issued by Midland National Life Insurance Company, known for its financial strength and long-standing commitment to policyholder.
Available Rates
Rates are based on current simulation settings with premium amount $100,000.00
3 Years | 4.65% |
5 Years | 5.05% |
Available Guarantee Periods
Rates are based on current simulation settings with premium amount $100,000.00
$20,000.00 - $99,999.00 | 4.25% |
$100,000.00 - $1,000,000.00 | 4.65% |
Features | |
Maximum Issue Age | 90 years |
Lifetime Income Details
Payout Options
Additional Options
Actual payout options may vary by insurance carrier and specific products. Common alternatives include:
- Life Income Only: Payments for the rest of your life, stopping upon death
- Period Certain: Guaranteed payments for a specific time period (5, 10, 15, or 20 years)
- Life with Period Certain: Lifetime payments with a minimum guaranteed period
- Joint Life: Payments continue for both you and your spouse's lifetimes
- Systematic Withdrawal: Regular withdrawals of a specified amount or percentage