NEW - Try our beta Annuity Rates Simulator

Can You Buy an Annuity with Cryptocurrency? 

What Are Digital Annuities?

Annuities for Beginners: What to Ask Your Financial Advisor

Annuitization in Annuities: Turning Your Savings into Lifetime Retirement Income

Annuities vs. Bonds

Common Annuity Pitfalls to Avoid

Annuity Companies to Avoid

Annuity Due vs. Ordinary Annuity

What Happens to an Annuity When You Die? 

Integrating Technology into Retirement Life for Efficiency and Comfort

Is the 4% Rule Still a Safe Bet for Retirement in 2025?

The Psychology of Underspending in Retirement: Why Annuities Can Boost Confidence

The Best Online Resources to Learn More About Annuities

Do I Need an Annuity If I Already Have a Pension? 

Understanding Market Value Adjustments (MVAs)

The Difference Between an Annuity Statement and Prospectus

How to Read and Understand an Annuity Prospectus

How to Read and Understand an Annuity Statement

Can You Retire Comfortably with Just an Annuity?

Best Fixed Annuity Rates in 2025

Best Fixed Indexed Annuities in 2025

Best Immediate and Deferred Annuities Rates 2025

Best Variable Annuities and Rates – A 2025 Guide for Potential Investors

How to Get the Best Annuity Rates: A Comprehensive Guide

Guaranteed vs. Non-Guaranteed Annuity Rates

Annuity Rate Factors: A Comprehensive Guide to Understanding Influential Variables

Guaranteed vs. Non-Guaranteed Annuities- Balancing Security and Potential Returns

Mastering Your Future: How to Calculate Annuity Growth Rate Effectively

Withdrawals in the first policy year are subject to a 7% charge. Beginning in year 2, you may withdraw up to 10% annually without charges. Excess withdrawals in years 2–5 are subject to decreasing charges (7% → 6% → 5%). No charges apply in year 6 or later. Charges do not apply to death benefits. Waivers may apply for qualifying nursing care or terminal illness 

Nursing Care Rider and Terminal Illness Rider available, subject to state approval.

The full accumulation value is paid to the beneficiary if the annuitant dies while the annuity is in force. No withdrawal charges or MVA apply to death benefits. 

Withdrawals may be waived due to qualifying nursing care or terminal illness, starting in year 2.

Withdraw up to 10% of the accumulation value annually, starting in year 2, without withdrawal charge or MVA.

Multi-Year Guaranteed Annuity (MYGA), Single Premium Deferred Annuity (SPDA).

This is a single premium deferred annuity with guaranteed interest for a fixed period. Owners can withdraw up to 10% annually beginning in year 2 without penalty. At the end of the rate term, funds may remain with the same contract at the declared renewal rate or be transferred to another annuity.

After the 5-year guarantee period, the fixed rate becomes annually declared and credited daily. The guaranteed minimum interest is 0.25.

The surrender value equals the accumulation value minus withdrawal charges, if applicable.

 is a Multi-Year Guaranteed Annuity (MYGA) designed to provide predictable, tax-deferred growth over a 3- or 5-year term without market risk. It offers a fixed interest rate for the entire period with no annual fees, and flexible options for partial withdrawals.

The full accumulation value is paid to the beneficiary if the annuitant dies while the annuity is in force. No withdrawal charges or MVA apply to death benefits.

RetireMax Secure 5 is a Multi-Year Guaranteed Annuity (MYGA) designed to provide predictable, tax-deferred growth over a 3- or 5-year term without market risk. It offers a fixed interest rate for the entire period with no annual fees, and flexible options for partial withdrawals.

Withdrawal Charges apply if you withdraw funds in the first five policy years. Withdrawals in year one are fully subject to charges. In years two through five, up to 10% of the Accumulation Value can be withdrawn annually without charge. Charges are 7% in years 1–3, 6% in year 4, and 5% in year 5. No charges apply starting year 6. These charges do not apply to the death benefit.

Green Mountain Freedom 5 has no fees or expenses charged against your Accumulation Value except for the Withdrawal Charges previously described.

The death benefit is the Accumulation Value. If the annuitant dies before income payments begin, the beneficiary can choose a lump sum or series of payments. If death occurs after income payments begin, remaining guaranteed payments go to the beneficiary.

No explicit “free benefit” mentioned beyond the free withdrawal provision and tax-deferred growth.

After the first Policy Year, you may withdraw in any one year up to 10% of the Accumulation Value without incurring a Withdrawal Charge.

This annuity allows policyholders to make a one-time premium payment and accumulate value at a guaranteed fixed interest rate for five years. After the fifth year, the interest rate is declared annually and credited daily. Policyholders may access funds via partial withdrawals, full surrender, or annuitization into income options. The annuity offers flexibility in payout structures, including life income and joint survivor options, while protecting beneficiaries through a death benefit that avoids probate in most case.

After the five-year guaranteed period, NLIC declares the interest rate annually and credits it daily. The minimum guaranteed rate is 1% for policy years six and later.

Cash Value equals the Accumulation Value minus applicable Withdrawal Charges.

Green Mountain Freedom 5 is a single premium deferred annuity available exclusively in New York, offering a guaranteed fixed interest rate for five years. It is designed to help individuals accumulate money securely over time while protecting the initial premium and credited interest from market volatility. The product allows for tax-deferred growth, making it suitable for long-term retirement planning and income distribution.

National Life - RetireMax Secure 5 (MVA)

National Life - RetireMax Secure 5

National Life – Green Mountain Freedom 5 (NY only)