Midland National wants you to make an informed decision when you consider the purchase of an annuity. Annuities are an excellent tool to help you plan for your financial security. You can download a tip sheet to assist you in making the decision that is right for you. Annuities offer a variety of benefits including tax-deferred growth, ability to avoid probate, and lifetime income.
May Avoid Probate
1. Chart is a hypothetical example of tax-deferral and assumes an initial premium of $100,000 earning 4.00% compounded annual rate of return for 15 years. Not intended to predict or project performance.
*Tax-deferred value less taxes represents the increase in value, due to tax-deferral, less taxes at an assumed rate of 33% with no surrender charge or Interest Adjustment applied.