What is the minimum guaranteed surrender value for National Life Group – RetireMax Secure MVA (3- and 5-Year Terms)?

RetireMax Secure MVA is a Single Premium Deferred Annuity (SPDA) structured as a MYGA. The owner makes a one-time premium and selects either a 3-year or 5-year rate guarantee period. During the guarantee period, interest is fixed and guaranteed (rate varies by premium band), and the contract includes liquidity starting in year 2 through an annual free-withdrawal provision. Withdrawals above the free amount (or full surrender) during the surrender period are subject to withdrawal charges, and MVA may also apply during the applicable guarantee period. After the rate guarantee period ends, the contract’s interest rate renews annually, with a guaranteed minimum rate of no less than 0.25%.

What is the minimum premium amount for National Life Group – RetireMax Secure MVA (3- and 5-Year Terms)?

The minimum premium amount is $25,000.

What is the maximum issue age for National Life Group – RetireMax Secure MVA (3- and 5-Year Terms)?

The maximum issue age is 90 years.

What is the current interest rate for National Life Group – RetireMax Secure MVA (3- and 5-Year Terms)?

The current interest rate is 4.5%.

What is the surrender charge schedule for National Life Group – RetireMax Secure MVA (3- and 5-Year Terms)?

Withdrawals exceeding the annual free-withdrawal limit (10% starting in year 2), or a full surrender during the guarantee period, are subject to withdrawal charges, and may also incur an MVA for the applicable period. The producer materials explain the MVA is based on comparing the current 3-year or 5-year Treasury rate to the rate at issue; rate changes can increase or reduce the payout on excess withdrawals, and the effect is generally greater earlier in the term.

What are the best rates available for National Life Group – RetireMax Secure MVA (3- and 5-Year Terms)?

The best available rate is 5.00% for a 5 year term.

National Life Group

National Life Group – RetireMax Secure MVA (3- and 5-Year Terms)

About this product

National Life Group’s RetireMax Secure MVA is a single-premium Multi-Year Guaranteed Annuity (MYGA) issued by Life Insurance Company of the Southwest (LSW) that provides a guaranteed fixed interest rate for either 3 years or 5 years, with tax-deferred growth and principal protection from market risk. It also offers an MVA (Market Value Adjustment) option that is typically positioned for clients who expect to hold the contract through the full guarantee period, in exchange for the potential of a higher guaranteed rate.

Available Rates

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

3 Years	4.80%
5 Years	5.00%

Available Guarantee Periods

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

$25,000.00 - $99,999.00	4.5%
$100,000.00 - $1,000,000.00	4.8%

Features
Maximum Issue Age	90 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