Midland National Life
IndexBuilder 14 OABR
Rates and specifications only. Our editorial review of this product hasn't been written yet, so there's no star rating or verdict here — the figures below come straight from the carrier's filed rates. We don't hold this carrier's brochure for this product yet, so the specifications below are limited to what the rate filing carries.
Type
FIA
Surrender
14 years
Top yield
1.58%
A.M. Best
A+
Current Rates
Yield shown is the guaranteed yield to surrender — the honest effective return, not a first-year teaser rate. Each row is a variant of the same product.
| Strategy | Method | Rate | Cap | Par | Yield to surrender |
|---|---|---|---|---|---|
| 1 Year Fixed Account | Fixed | 3.10% | — | — | 1.58% |
| 1 Year Fidelity Multifactor Yield 5% ER Enhanced Participation | Point to Point | — | — | 125.00% | 1.36% |
| 1 Year Fidelity Multifactor Yield Index 5% ER Point to Point w/ Participation | Point to Point | — | — | 75.00% | 1.36% |
| 1 Year Nasdaq 100 Volitility Control 12% Point to Point w/ Enhanced Participation | Point to Point | — | — | 60.00% | 1.36% |
| 1 Year Nasdaq 100 Volitility Control 12% Point to Point w/ Participation | Point to Point | — | — | 40.00% | 1.36% |
| 1 Year S&P 500 Annual Inverse Performance Trigger | Inverse Perf Triggered | — | 6.00% | — | 1.36% |
| 1 Year S&P 500 Annual Point-to-Point Index Cap Rate | Point to Point | — | 6.50% | — | 1.36% |
| 1 Year S&P 500 Dynamic Intraday TCA Point to Point w/ Enhanced Participation | Point to Point | — | — | 55.00% | 1.36% |
| 1 Year S&P 500 Dynamic Intraday TCA Point to Point w/ Participation | Point to Point | — | — | 40.00% | 1.36% |
| 1 Year S&P 500 Monthly Point-to-Point Index Cap Rate | Point to Point | — | 1.70% | — | 1.36% |
| 1 Year S&P 500 Point to Point w/ Participation | Point to Point | — | — | 25.00% | 1.36% |
| 1 Year S&P MARC 5% ER Annual Point to Point with PR | Point to Point | — | — | 75.00% | 1.36% |
| 1 Year S&P MARC 5% ER Enhanced Participation | Point to Point | — | — | 125.00% | 1.36% |
| 2 Year Fidelity Multifactor Yield Index 5% ER Point to Point (No Cap) | Point to Point | — | — | 120.00% | 1.36% |
| 2 Year Nasdaq 100 Volitility Control 12% Point to Point w/ Participation | Point to Point | — | — | 55.00% | 1.36% |
| 2 Year S&P 500 Dynamic Intraday TCA Point to Point w/ Participation | Point to Point | — | — | 50.00% | 1.36% |
| 2 Year S&P 500 Point to Point w/ Participation | Point to Point | — | — | 35.00% | 1.36% |
| 2 Year S&P MARC 5% ER Annual Point to Point with PR | Point to Point | — | — | 120.00% | 1.36% |
| 1 Year Fixed Account | Fixed | 3.10% | — | — | 1.33% |
| 1 Year Fidelity Multifactor Yield 5% ER Enhanced Participation | Point to Point | — | — | 125.00% | 1.11% |
| 1 Year Fidelity Multifactor Yield Index 5% ER Point to Point w/ Participation | Point to Point | — | — | 75.00% | 1.11% |
| 1 Year Nasdaq 100 Volitility Control 12% Point to Point w/ Enhanced Participation | Point to Point | — | — | 60.00% | 1.11% |
| 1 Year Nasdaq 100 Volitility Control 12% Point to Point w/ Participation | Point to Point | — | — | 40.00% | 1.11% |
| 1 Year S&P 500 Annual Inverse Performance Trigger | Inverse Perf Triggered | — | 6.00% | — | 1.11% |
| 1 Year S&P 500 Annual Point-to-Point Index Cap Rate | Point to Point | — | 6.25% | — | 1.11% |
| 1 Year S&P 500 Dynamic Intraday TCA Point to Point w/ Enhanced Participation | Point to Point | — | — | 55.00% | 1.11% |
| 1 Year S&P 500 Dynamic Intraday TCA Point to Point w/ Participation | Point to Point | — | — | 40.00% | 1.11% |
| 1 Year S&P 500 Monthly Point-to-Point Index Cap Rate | Point to Point | — | 1.70% | — | 1.11% |
| 1 Year S&P 500 Point to Point w/ Participation | Point to Point | — | — | 25.00% | 1.11% |
| 1 Year S&P MARC 5% ER Annual Point to Point with PR | Point to Point | — | — | 75.00% | 1.11% |
| 1 Year S&P MARC 5% ER Enhanced Participation | Point to Point | — | — | 125.00% | 1.11% |
| 2 Year Fidelity Multifactor Yield Index 5% ER Point to Point (No Cap) | Point to Point | — | — | 120.00% | 1.11% |
| 2 Year Nasdaq 100 Volitility Control 12% Point to Point w/ Participation | Point to Point | — | — | 55.00% | 1.11% |
| 2 Year S&P 500 Dynamic Intraday TCA Point to Point w/ Participation | Point to Point | — | — | 50.00% | 1.11% |
| 2 Year S&P 500 Point to Point w/ Participation | Point to Point | — | — | 35.00% | 1.11% |
| 2 Year S&P MARC 5% ER Annual Point to Point with PR | Point to Point | — | — | 120.00% | 1.11% |
Surrender Schedule
Yr 1
12%
Yr 2
12%
Yr 3
11%
Yr 4
11%
Yr 5
10%
Yr 6
9%
Yr 7
8%
Yr 8
7%
Yr 9
6%
Yr 10
5%
Yr 11
4%
Yr 12
3%
Yr 13
2%
Yr 14
1%
Product Specifications
- Minimum premium (non-qualified)
- $20,000
- Minimum premium (qualified)
- $20,000
- Maximum issue age
- 75
- Free withdrawal
- 10%
- Market value adjustment
- Yes
- Return of premium
- No
- States available
- 29 states
Income Riders
IndexBuilder OABR
Roll-up: Interest Only
Rates are a snapshot and change frequently. Figures are sourced from the carrier's filed rates via Annuity Rate Watch and refreshed nightly. Nothing here is a recommendation to buy. Annuities are issued by insurance companies and are not guaranteed by any bank or the FDIC. See our legal & disclosures.