02
What you could receive
Live projection for MNL Income Planning Annuity with Income Planning Annuity Embedded GLWB — single life, issue age 62, income beginning at age 67. Illustrative, not a quote; figures refresh from Annuity Rate Watch.
| Premium | Monthly | Annual |
|---|---|---|
| $250,000 | $2,458 | $29,500 |
| $500,000 | $4,917 | $59,000 |
| $1,000,000 | $9,833 | $118,000 |
03
Income rider fees
Disclosed charges for optional riders on Midland National products, live from Annuity Rate Watch. Product-level detail is on each review.
| Rider | Product | Fee |
|---|---|---|
| Income Focus CA | Endeavor 8 | 1.05% annually (1.05% max) |
| Income Focus Increasing Income | Endeavor 8 | 1.05% annually |
| Income Focus Level Income | Endeavor 8 | 1.05% annually (1.05% max) |
| Retire X-Cel | Endeavor 8 | 0.95% annually |
| Retire X-Cel Option One | Endeavor 8 | 0.40% annually |
| Retire X-Cel Option One With Income Multiplier | Endeavor 8 | 0.50% annually |
| Retire X-Cel Option Three | Endeavor 8 | 0.95% annually (1.50% max) |
| Retire X-Cel Option Three With Income Multiplier | Endeavor 8 | 0.95% annually (1.50% max) |
+4 more riders listed on individual product pages.
04
Frequently asked questions
Is Midland National a good annuity company?
Midland National earns an average rating of 4.0/5 across the 9 products we've reviewed, and A.M. Best rates the carrier A+ for financial strength.
How much income can I get from a Midland National annuity?
Income depends on your premium, age, and start date. At our benchmark scenario — single life, issue age 62, income beginning at age 67 — Midland National's highest-paying income product (MNL Income Planning Annuity) currently projects about $59,000 per year on a $500,000 premium, or $29,500 on $250,000. Figures are illustrative, based on live Annuity Rate Watch data, and are not a quote.
What are the fees for Midland National annuities?
Fee structures vary by product. Optional income riders on Midland National products carry disclosed charges — for example Income Focus CA (Endeavor 8): 1.05% annually (1.05% max); Income Focus Increasing Income (Endeavor 8): 1.05% annually ; Income Focus Level Income (Endeavor 8): 1.05% annually (1.05% max). See each product review for the full fee detail.
What is the surrender period for Midland National annuities?
Surrender periods on Midland National's current lineup run 3–14 years, depending on the product. Most products allow an annual free-withdrawal amount before charges apply — the product table above shows each product's surrender length, and each review covers the exact schedule.