LiveWell Guarantee Max
Midland National
5.3%
5-yr guarantee
10%
Free W/D
50
Jurisdictions
Live product data
Rates as of May 29, 2026, based on the latest AdvisorWorld scan of CANNEX data.
5-year guaranteed rate
5.3% guaranteed for 5 years
A multi-year guaranteed annuity from A-plus-rated Midland National with three guarantee-period choices (three-, five-, and seven-year terms) and an annual free-withdrawal allowance, filed in 50 jurisdictions and positioned for the high-balance rollover market.
Best fit
Buyers with a six-figure deposit who want a known, locked yield from a top-rated carrier and can match one of the three guarantee terms to their liquidity timeline.
AM Best
A+ Superior
Surrender period
7 years
Free withdrawal
10%/yr
Availability
50 jurisdictions (excl. New York)
Product analyst notes
How to think about this contract
Why it can stand out
- A-plus rated carrier (A.M. Best) — Midland National is one of the larger fixed-annuity writers in the U.S. and has decades of MYGA history.
- Three guarantee-period choices on one product (three-, five-, and seven-year terms) — buyers can pick the term that matches their liquidity timeline rather than being forced into a single chassis length.
- Annual penalty-free withdrawal allowance plus nursing-home and RMD waivers — meaningful liquidity for a fixed-rate contract.
- Premium minimum is published on the live feed and reflects a six-figure floor, so this filing is positioned for the high-net-worth rollover market where a single deposit funds the whole contract.
What to confirm
- Market value adjustment applies on early surrender on top of the surrender-charge schedule — buyers who may need full liquidity before the term ends face both penalties layered together.
- The full surrender ladder runs the entire seven-year period even on the shorter-term guarantee variants — confirm which surrender schedule applies to your chosen term before signing.
- Death benefit is the cash surrender value on the published feed — there is no enhanced or step-up death-benefit rider on this product, so it is not optimized for legacy planning.
- Filed in 50 jurisdictions (every state and DC except New York) — New York residents need to look elsewhere.
Not ideal for
Anyone shopping below the published premium minimum, anyone who may need full liquidity inside the surrender window (MVA layers on top of the surrender charge), anyone seeking market-linked growth or lifetime income, or anyone resident in New York (not filed there).
Guaranteed Rates by Term
| Term | Guaranteed Rate |
|---|---|
| 3-Year | 5.05% |
| 5-Year | 5.3% |
| 7-Year | 5.2% |
Key Features
Surrender waivers
2Nursing home waiver, RMD waiver
Death benefit
Standard Death BenefitBeneficiary value depends on contract terms, withdrawals, and rider elections.
Annuitization options
Single lifeContract conversion options should be confirmed before purchase.
Fund types
Non-qualified, QualifiedAvailability can vary by state and product terms.
Surrender Schedule
Yr 1
9%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
Yr 6
4%
Yr 7
3%
After
0%
Nursing home waiver, RMD waiver, Surrender waivers
Carrier Ratings
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