An annuity is a contract between you and the company through which your earnings are allowed to grow and compound without current income taxes. This is a powerful benefit to use to help you prepare for your retirement or other long-term financial needs. Premiums are deposited into an annuity, attractive interest rates allow the value of those premiums grow, and distributions may be taken over your lifetime to ensure that you never outlive your retirement savings.

There are several types of annuities, including...

• Traditional Fixed Annuities: Single or Flexible premium deferred annuities that give you a bonus rate in the first year followed by a base rate that can fluctuate for the remainder of the surrender period, never to be less than 3%. (Penalty-free withdrawals¹ available after the first year.)
• Multi-Year Guaranteed Annuities: Single premium deferred annuities that guarantee the interest rate for the entire surrender period. (Systematic withdrawals of interest available immediately.)
• Equity Index Annuities: Single or Flexible premium deferred annuities that link you to market-type returns while guaranteeing no risk to principal. (Many index options to choose from. Penalty-free withdrawals¹ available after the first year.)
• Variable Annuities²: Single or Flexible premium deferred annuitites that allow you to match your investments with your financial goals by choosing from a number of Separate Account investment portfolios. Variable annuities are suitable for long-term investing, such as retirement investing, and are subject to market risk.

¹Midland National does not give tax or legal advice. You should consult a professional prior to making a purchasing decision. Taxes are payable upon withdrawal of funds, and a 10% penalty may apply to withdrawals prior to age 59½.

²Variable Annuities are subject to investment risk and a possible loss of the principal.