NWL Impact 10
National Western Life Insurance Company
10%
Free W/D
35
States
NWL Impact 10 is a 10-year deferred fixed indexed annuity designed for long-term retirement savings. It offers a combination of guaranteed minimum interest, indexed growth potential, and flexibility to access your money while protecting your principal.
Free Withdrawal
10%/yr
Available In
35 states
Min Premium
$2,000
Surrender
10 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| S&P 500 Index | Monthly | -- | 57% | -- |
| S&P 500 Low Volatility Daily Risk Control 5% USD Excess Return Index | Annual | -- | 109% | -- |
| Fixed Account | Daily | -- | -- | 3% |
Key Features
Premium Bonus
7% of first-year premiumsReceive 7% of your first-year premiums added to your account, subject to a 10-year vesting schedule
Minimum Guaranteed Interest Rate
1.00% to 3.00% annuallyYour account is guaranteed to earn at least a minimum rate each year, protecting you from market downturns
Interest Credit Options
3 options availableChoose from fixed interest (Option B), monthly average indexed strategy (Option A), or annual reset indexed strategy (Option U)
Free Annual Withdrawal
10% annual accessWithdraw up to 10% of your account value plus vested bonus each year without surrender charges
Withdrawal Charge Schedule
10% declining to 0%Surrender charges decline from 10% in year 1 to 0% in year 11 and beyond
Contract Term
10 years10-year initial term with flexibility to extend or annuitize at the end
Death Benefit
100% of account + bonus valueFull account and bonus value payable to beneficiaries if death occurs before annuity date
Highlights
7% premium bonus with a 10-year vesting schedule provides added growth potential
Choose between fixed interest or two indexed interest options tied to the S&P 500
Flexible access to your money with 10% annual free withdrawals after year one
Guaranteed minimum interest rate of 1-3% protects your principal regardless of market performance
Optional income riders available to create guaranteed lifetime income without annuitization
Surrender Schedule
Yr 1
10%
Yr 2
10%
Yr 3
10%
Yr 4
10%
Yr 5
10%
Yr 6
9%
Yr 7
8%
Yr 8
6%
Yr 9
4%
Yr 10
2%
After
0%
Nursing home waiver, Terminal illness waiver
Best For
Individuals age 0-80 seeking long-term retirement accumulation with principal protection, growth potential, and the flexibility to access funds while minimizing taxes.
Consider Alternatives If
People who need immediate access to their money or cannot commit to a 10-year time horizon should avoid this product due to surrender charges.
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