How your annuity can grow With the MNL Income Planning Annuity, you can choose from several interest-crediting strategies that can help your accumulation value grow. You can pick one or a combination of multiple index accounts and the fixed account. On the index side, you can choose from a variety of crediting methods and index options based on your preferences. While you’re not actually investing in the market, interest credits are based on market performance. Set your strategy In addition to the fixed account, here are your crediting methods and index options. Diversify your premium among the following index account options
Crediting method options (subject to factor below)
Index availability* Index(es) and strategies may not be available in all states. • S&P 500® • S&P 500® Low Volatility Daily Risk Control 5%
Annual Point-to-Point with Index Cap Rate
• S&P 500® • S&P MARC 5% ER
Annual Point-to-Point with Participation Rate
• S&P 500® • Nasdaq-100®
Monthly Point-to-Point with Index Cap Rate
• S&P MARC 5% ER • Fidelity Multifactor Yield Index 5% ER
Two-year Point-to-Point with Participation Rate
Daily Average with Index Margin
• S&P 500®
• S&P 500® Low Volatility Daily Risk Control 5% • Fidelity Multifactor Yield Index 5% ER
Annual Point-to-Point with Index Margin
Two-year Point-to-Point with Index Margin**
• S&P 500® Low Volatility Daily Risk Control 8%
Annual Inverse Performance Trigger (declared performance rate)
• S&P 500®
In your contract the applicable period of time for your crediting method is referred to as a “term”. * Past index performance is not intended to predict future performance. **For the Two-year Point-to-Point, the declared annual index margin is multiplied by two when it is applied at the end of each two-year term. Your financial professional may explain how the different interest crediting methods work to help you determine which strategy or combination of strategies could be the best fit for your objectives. Fixed account Premium allocated to the fixed account will be credited interest at a declared fixed account interest rate and is credited daily. The initial premium interest rate is guaranteed for the first contract year. For each subsequent contract year, we will declare, at our discretion, a fixed account interest rate that will apply to the amount allocated to the fixed account as of the beginning of that contract year. A declared fixed account Interest rate will never fall below the minimum guaranteed fixed account interest rate. The declared fixed rate is an annual effective rate. Interest is credited to the fixed account daily.
28832Y
8
REV 1-24
Made with FlippingBook - Share PDF online