Annuity rate data updated daily

Rate data refreshes daily from AdvisorWorld and CANNEX carrier feeds. View current rates

Fixed Indexed Annuity

MNL IncomeVantage Pro

Midland National

7%

Best Cap

5%

Free W/D

50

Jurisdictions

Product data status: May 29, 2026

Rates, state availability, rider terms, and contract language must be confirmed with a licensed financial advisor or insurance professional before purchase. Guarantees are backed by the issuing insurer.

Live product data

Rates as of May 29, 2026, based on the latest AdvisorWorld scan of CANNEX data.

GLWB lifetime payout rate

5.1% lifetime payout

An income-led ten-year fixed indexed annuity from A-plus-rated Midland National with an optional GLWB rider available in two designs (Level Income flat or Increasing Income that grows with index credits) and an Enhanced Return-of-Premium death benefit, filed in 50 jurisdictions.

RMD-friendly income ridersAdvisorWorld + CANNEX data

Best fit

Buyers planning around lifetime income who can defer for a decade and want both a documented GLWB withdrawal rate and a meaningful death-benefit guarantee — and the choice between starting the income stream higher and flat, or lower and growing with index credits.

AM Best

A+ Superior

Surrender period

10 years

Free withdrawal

5%/yr

Availability

50 jurisdictions (excl. New York)

Featured crediting strategies

Index / strategyRate mechanics

S&P 500

S&P 500 Index

7% cap rate

S&P 500

S&P 500 Index

2.25% cap rate

S&P 500

S&P 500 Index

100% participation rate + 8.5% declared rate

S&P 500

S&P 500 Index

40% participation rate

S&P 500

S&P 500 Index

50% participation rate

Fixed Account

Fixed Account

3.45% declared rate

+ 12 volatility-controlled index options (S&P MARC, Fidelity Multifactor, S&P 500...)

Lifetime Income Riders

Income rider

GLWB - Income

RMD friendly
Lifetime payout rate5.1% lifetime payout

Income rider

GLWB - Increasing Income

RMD friendly
Lifetime payout rate4.8% lifetime payout

Product analyst notes

How to think about this contract

Why it can stand out

  • Income is the design intent: an optional GLWB rider offered in two flavors — 'Level Income' with a higher starting payout that stays flat, and 'Increasing Income' with a lower start that grows alongside index credits — letting buyers pick the income shape that matches their planning.
  • A-plus rated carrier (A.M. Best) — Midland National is one of the larger U.S. fixed-annuity writers, which matters when the contract is funding lifetime income.
  • Ten-year surrender chassis is the standard deferral length for income-led FIAs, giving the rider's withdrawal base a full decade of roll-up time before income turns on.
  • Crediting menu mixes a recognizable S&P 500 annual point-to-point cap with participation-rate strategies on proprietary volatility-controlled indexes, so the rider's withdrawal base has multiple credit paths during deferral.
  • Enhanced Return-of-Premium death benefit — unusual on an income-led FIA at this tier; most income filings offer only the cash surrender value as the death benefit.
  • Nursing-home and RMD surrender-charge waivers in the contract.

What to confirm

  • The strategy menu contains monthly-sum cap rows alongside the annual point-to-point cap and contains fee-bearing strategy variants — the published rate on monthly-sum and fee-bearing rows is structurally different from a clean annual cap, so compare on the like-for-like row.
  • Two rider designs with very different income shapes — Level Income starts higher and stays flat, Increasing Income starts lower and grows. Compare the lifetime payment streams under realistic crediting assumptions, not just the day-one withdrawal rate.
  • Several index strategies use proprietary volatility-controlled indexes (S&P MARC, Fidelity Multifactor Yield, S&P 500 Dynamic Intraday TCA, Nasdaq-100 Volatility Control). Their participation rates look high in absolute terms but are not directly comparable to an S&P 500 cap.
  • Free-withdrawal allowance on this filing is narrower than the more common standard for accumulation-led FIAs — liquidity is tighter on this contract than on the accumulation-led siblings; the live allowance is shown on this page.
  • Market value adjustment applies on early surrender on top of the surrender-charge ladder, which runs the full ten-year surrender window.
  • Filed in 50 jurisdictions (every state and DC except New York) — New York residents are not on this filing.

Not ideal for

Buyers who want pure tax-deferred accumulation without paying a rider fee, anyone who needs broader annual penalty-free liquidity than the live filing publishes, anyone who may need full liquidity inside the ten-year surrender window (MVA layers on top), and New York residents (not filed there).

All crediting strategies

View rate listings (36 rows)

These are the current crediting strategy listings returned for this product. Use the filters to narrow by index, term, premium band, or rate type.

Par: 190% · 1-yr

S&P MARC 5% Excess Return

Enhanced Participation Rate · participation

10-yr surrender

Par: 190% · 1-yr

Fidelity Multifactor Yield Index 5% ER

Enhanced Participation Rate · participation

10-yr surrender

Par: 140% · 1-yr

S&P MARC 5% Excess Return

participation

10-yr surrender

Par: 140% · 1-yr

Fidelity Multifactor Yield Index 5% ER

participation

10-yr surrender

Par: 100% + Fixed: 8.5% · 1-yr

S&P 500 Index

trigger

10-yr surrender

Par: 80% · 1-yr

Nasdaq-100 Volatility Control 12% Index

Enhanced Participation Rate · participation

10-yr surrender

Par: 65% · 1-yr

S&P 500 Dynamic Intraday TCA Index (USD) ER

Enhanced Participation Rate · participation

10-yr surrender

Par: 60% · 1-yr

Nasdaq-100 Volatility Control 12% Index

participation

10-yr surrender

Par: 50% · 1-yr

S&P 500 Dynamic Intraday TCA Index (USD) ER

participation

10-yr surrender

Par: 40% · 1-yr

S&P 500 Index

participation

10-yr surrender

Cap: 7% · 1-yr

S&P 500 Index

cap

10-yr surrender

Fixed: 3.45% · 1-yr

Fixed Account

fixed

10-yr surrender

Cap: 2.25% · 1-yr

S&P 500 Index

Monthly Point-to-Point · monthly_sum_cap

10-yr surrender

Par: 210% · 2-yr

Fidelity Multifactor Yield Index 5% ER

participation

10-yr surrender

Par: 200% · 2-yr

S&P MARC 5% Excess Return

participation

10-yr surrender

Par: 80% · 2-yr

Nasdaq-100 Volatility Control 12% Index

participation

10-yr surrender

Par: 70% · 2-yr

S&P 500 Dynamic Intraday TCA Index (USD) ER

participation

10-yr surrender

Par: 50% · 2-yr

S&P 500 Index

participation

10-yr surrender

Par: 190% · 1-yr

S&P MARC 5% Excess Return

Enhanced Participation Rate

Par: 190% · 1-yr

Fidelity Multifactor Yield Index 5% ER

Enhanced Participation Rate

Par: 140% · 1-yr

S&P MARC 5% Excess Return

Par: 140% · 1-yr

Fidelity Multifactor Yield Index 5% ER

Par: 100% + Fixed: 8.5% · 1-yr

S&P 500 Index

Par: 80% · 1-yr

Nasdaq-100 Volatility Control 12% Index

Enhanced Participation Rate

Par: 65% · 1-yr

S&P 500 Dynamic Intraday TCA Index (USD) ER

Enhanced Participation Rate

Par: 60% · 1-yr

Nasdaq-100 Volatility Control 12% Index

Par: 50% · 1-yr

S&P 500 Dynamic Intraday TCA Index (USD) ER

Par: 40% · 1-yr

S&P 500 Index

Cap: 7% · 1-yr

S&P 500 Index

Fixed: 3.45% · 1-yr

Fixed Account

Cap: 2.25% · 1-yr

S&P 500 Index

Monthly Point-to-Point

Par: 210% · 2-yr

Fidelity Multifactor Yield Index 5% ER

Par: 200% · 2-yr

S&P MARC 5% Excess Return

Par: 80% · 2-yr

Nasdaq-100 Volatility Control 12% Index

Par: 70% · 2-yr

S&P 500 Dynamic Intraday TCA Index (USD) ER

Par: 50% · 2-yr

S&P 500 Index

Income riders

Income rider

GLWB - Level Income

RMD friendly
Lifetime withdrawal rate5.1%
Annual rider feeNot shown
Withdrawal-base growthNot shown
Deferral assumed0 years
Issue age50 — 120

GLWB

Income rider

GLWB - Increasing Income

RMD friendly
Lifetime withdrawal rate4.8%
Annual rider feeNot shown
Withdrawal-base growthNot shown
Deferral assumed0 years
Issue age50 — 120

GLWB

Income rider

GLWB - Level Income

RMD friendly
Lifetime withdrawal rate4.6%
Annual rider feeNot shown
Withdrawal-base growthNot shown
Deferral assumed0 years
Issue age50 — 120

GLWB

Income rider

GLWB - Increasing Income

RMD friendly
Lifetime withdrawal rate4.3%
Annual rider feeNot shown
Withdrawal-base growthNot shown
Deferral assumed0 years
Issue age50 — 120

GLWB

Income rider

GLWB - Increasing Income

RMD friendly
Lifetime withdrawal rate3.8%
Annual rider feeNot shown
Withdrawal-base growthNot shown
Deferral assumed0 years
Issue age50 — 120

GLWB

Income rider

GLWB - Increasing Income

RMD friendly
Lifetime withdrawal rate3.3%
Annual rider feeNot shown
Withdrawal-base growthNot shown
Deferral assumed0 years
Issue age50 — 120

GLWB

Key Features

Free withdrawal

5%/yr

Annual amount that may be available without surrender charges, subject to contract terms.

Surrender waivers

2

Nursing home waiver, RMD waiver

Death benefit

Enhanced Death Benefit

Beneficiary value depends on contract terms, withdrawals, and rider elections.

Strategy guarantee

Minimum guaranteed cap: 0.25%

Strategy guarantee

Minimum guaranteed declared rate: 0.25%

Strategy guarantee

Guaranteed minimum interest rate (fixed): 0.10%

Annuitization options

Single and joint

Contract conversion options should be confirmed before purchase.

Fund types

Non-qualified, Qualified

Availability can vary by state and product terms.

Surrender schedule

Yr 1

9.3%

Yr 2

8.8%

Yr 3

7.9%

Yr 4

6.9%

Yr 5

5.9%

Yr 6

5%

Yr 7

4%

Yr 8

3%

Yr 9

2%

Yr 10

1%

After

0%

Nursing home waiver, RMD waiver, Surrender waivers

Documents

product guide

31861Y.pdf

Confidence: highReviewed Apr 6, 2026

Direct link not published — request the document from the carrier.

Carrier Ratings

AM BestA+
S&PA+
S&PA+

Contract notes from product data

Crediting design

How the interest-crediting choices are framed

MNL IncomeVantage Pro currently shows 18 distinct indexed or fixed crediting choices across 36 current rate listings, including S&P 500 Index, with 6 volatility-controlled index options grouped separately. These choices matter because caps, participation rates, fixed accounts, spreads, and renewal terms are different mechanics and should not be ranked as one simple rate list.

  • S&P 500 Index: 7% cap
  • S&P 500 Index: 2.25% cap
  • S&P 500 Index: 100% participation

Income rider language

What to look for before treating the rider as income

GLWB - Level Income is the main income-rider entry returned for this product. Rider terms can affect the tradeoff between future lifetime withdrawals, contract value, beneficiary value, and cost, so the exact state version and rider election should be confirmed before comparing it to annuitization or income-only contracts.

  • 5.1% withdrawal rate
  • RMD friendly

Liquidity terms

Why access rules deserve as much attention as rates

A fixed indexed annuity can preserve more control than an income-only contract, but access is still governed by the surrender schedule, free-withdrawal terms, and waiver language. Those details are where many product comparisons become more meaningful than a simple rate list.

  • 5%/yr free withdrawal
  • 10 surrender years
  • Nursing home waiver
  • RMD waiver

Verification note

Use carrier materials as term evidence, then confirm the current version

Carrier materials such as 31861Y.pdf help explain the contract language behind the data on this page; the latest document activity we see is Apr 8, 2026. For the current brochure, rate sheet, or specimen contract, confirm the state-specific version with the carrier or a licensed financial professional.

  • Rates and rider terms can vary by state and issue age
  • Carrier guarantees depend on claims-paying ability
  • Current contract forms should be confirmed before purchase

Free Comparison Report

Get a personalized MNL IncomeVantage Pro illustration

See year-by-year projections for your specific age, premium, and income goals.

Get Free Report

Related Resources