What is the minimum guaranteed surrender value for National Life – Green Mountain Freedom 5 (NY only)?

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.

What is the minimum premium amount for National Life – Green Mountain Freedom 5 (NY only)?

The minimum premium amount is $100,000.

What is the maximum issue age for National Life – Green Mountain Freedom 5 (NY only)?

The maximum issue age is 85 years.

What is the current interest rate for National Life – Green Mountain Freedom 5 (NY only)?

The current interest rate is 4.75%.

What is the surrender charge schedule for National Life – Green Mountain Freedom 5 (NY only)?

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 In years two through five, up to 10% of the Accumulation Value can be withdrawn annually without charge.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.

What are the best rates available for National Life – Green Mountain Freedom 5 (NY only)?

The best available rate is 4.75% for a 5 year term.

National Life Group

National Life – Green Mountain Freedom 5 (NY only)

About this product

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.

Available Rates

Rates are based on current simulation settings with premium amount $100,000.00

5 Years

4.75%

Available Guarantee Periods

Rates are based on current simulation settings with premium amount $100,000.00

$100,000.00 - $2,000,000.00

4.75%

Features
Maximum Issue Age	85 years

Lifetime Income Details

Payout Options

Annuitization

Lump Sum Withdrawal

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