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For the LiveWellSM Mutual Fund IRA Series and the LiveWellSM Variable Annuity

Variable annuities are designed for long-term investing, such as retirement investing and are subject to market risk including loss of principal.

Investing in mutual funds and variable annuities involves risk, including the potential loss of investment. You should consider the investment objectives, risks, charges and expenses of the mutual fund or variable annuity and its underlying investment options carefully before investing. The prospectus and/or summary prospectus contain this and other information. You may contact your financial professional or call 866-747-3421 to obtain a current prospectus for the mutual fund or the variable annuity and its underlying investment options. Please read it carefully.

You should also consider the expenses of the IRA program before investing. You must receive a fund prospectus and the LiveWellSM Mutual Fund IRA or LiveWellSM Plus Mutual Fund IRA disclosure form before investing.

IRAs are considered a long-term investment. Withdrawals from a Traditional IRA or SEP-IRA are generally subject to income taxes, and if taken before age 59½, may be subject to an additional 10% IRS tax penalty. Withdrawals from a Roth IRA are generally not subject to income tax provided certain requirements are met. Information on Traditional, Roth, and SEP-IRAs is available in the LiveWellSM Mutual Fund IRA and LiveWellSM Plus Mutual Fund IRA disclosures.

When you make a contribution in the LiveWellSM Plus Mutual Fund IRA, including a rollover contribution within six months of opening your IRA, Sammons Retirement SolutionsSM Inc. will add an additional 3% based on the net contribution(s) (adjusted for any prior withdrawals) to your IRA ("Account Bonus"). The amount of the Account Bonus is calculated as a percentage of your net contribution(s). The Account Bonus becomes part of the IRA at the same time as the corresponding net contribution(s).

For six years after the LiveWellSM Plus Mutual Fund IRA is opened, an Early Withdrawal Charge ("EWC") will apply to withdrawals in excess of the annual EWC-free amount, or RMD if greater. This includes withdrawals made by your beneficiary following your death. See the LiveWell Plus Mutual Fund IRA Certificate of Disclosure for details.

This contract, or any of its riders, is not designed for resale or speculation, arbitrage, viatical settlements or any type of collective investment scheme. This contract may not be traded on any stock exchange or secondary market. By purchasing this contract, you represent and warrant that you are not purchasing or intending to use this contract, or any of its riders, for resale, speculation, arbitrage, viatical settlements or any type of collective investment scheme.

Securities distributed by Sammons Financial NetworkSM LLC, member FINRA. Insurance products are issued by Midland National Life® Insurance Company (West Des Moines, IA). Sammons Retirement SolutionsSM Inc. provides administrative services. Sammons Financial NetworkSM LLC, Midland National® Life Insurance Company and Sammons Retirement Solutions are indirect wholly owned subsidiaries of Sammons Enterprises, Inc. of Dallas, Texas.

Sammons® Financial Group, Inc. is comprised of Midland National Life® Insurance Company, Sammons Annuity Group (a division of Midland National), Sammons® Corporate Markets Group (a division of Midland National), North American Company for Life and Health Insurance®, Sammons Securities Company®, LLC, Sammons Retirement SolutionsSM Inc. and Sammons Financial NetworkSM LLC, member FINRA.

UMB Bank n.a. is the custodian for the LiveWellSM Mutual Fund IRA Series. The mutual funds offered through the LiveWell Mutual Fund IRA Series are made available through Sammons Financial NetworkSM LLC (SFN), member FINRA, 4546 Corporate Drive, Suite 100, West Des Moines, IA 50266. Information about the LiveWell Mutual Fund IRA Series and the funds can be obtained by calling 866-747-3421. UMB Bank n.a. is not an affiliate of Sammons Retirement SolutionsSM Inc.

LiveWellSM Variable Annuity is issued on form AS135A and ICC11-AS135A, or appropriate state variations by Midland National Life® Insurance Company, West Des Moines, Iowa 50266.

The distributor for Midland National's LiveWellSM Variable Annuity is Sammons Financial NetworkSM LLC (SFN), member FINRA. Sammons Financial NetworkSM LLC. is a registered broker/dealer under the Securities Exchange Act of 1934. Sammons Financial NetworkSM LLC. is an indirect wholly owned subsidiary of Sammons Enterprises, Inc., of Dallas, Texas, the ultimate parent company of Midland National and Sammons Retirement SolutionsSM Inc.

Before purchasing this product, you must receive a current variable annuity prospectus that includes information regarding risk factors, fees, expenses, investment objectives, and policies. Read the prospectus carefully before you invest any money. No variable product offers any guaranteed rate of return.

Transparent Value Advisors, LLC, Guggenheim Distributors, LLC (f/k/a Rydex Distributors, Inc.), and Security Investors, LLC (d/b/a Guggenheim Investments) are subsidiaries of Guggenheim Partners, LLC ("Guggenheim"). Guggenheim is a global diversified financial services firm that provides asset management, investment banking and capital markets services, along with insurance, institutional finance, and investment advisory solutions. Guggenheim is an indirect, partially owned subsidiary of Sammons Enterprises, Inc. which is also the parent company of Midland National Life® Insurance Company and Sammons Retirement SolutionsSM Inc.

NOT FDIC/NCUA INSURED, MAY LOSE VALUE INCLUDING LOSS OF PRINCIPAL, NO BANK GUARANTEE, NOT A DEPOSIT, NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY.

FINRA

For the LiveWellSM Fixed Index Annuity

Fixed Index Annuities are not a direct investment of the stock market. They are long term insurance products with guarantees backed by the claims-paying ability of Midland National® Life Insurance Company. They provide the potential for interest to be credited based in part on the performance of specific indices, without the risk of loss of premium due to market downturns or fluctuation. Although Fixed Index Annuities guarantee no loss of premium due to market downturns, deductions from your Accumulation Value for additional optional benefit riders could under certain scenarios exceed interest credited to your Accumulation Value, which would result in loss of premium. They may not be appropriate for everyone.

Premium Taxes: Accumulation Value will be reduced for Premium Taxes as required by the state of residence.

Refer to your Contract for complete details. The LiveWellSM Fixed Index Annuity is issued on form AC/AS142A/ICC14-AS142A (certificate/contract), AR269A/ICC14-AR269A (Optional LiveWellSM Income for Life GLWB Rider), AR270A/ICC14-AR270A (Optional LiveWellSM Legacy Protector GMDB Rider), AR271A/ICC14-AR271A and AR272A/ICC14-AR272A (riders/endorsements) or appropriate state variations by Midland National® Life Insurance Company, West Des Moines, IA. This product, its features and riders may not be available in all states.

Special Notice regarding The Use of A Living Trust As Owner Or Beneficiary Of This Annuity. The use of living trusts in connection with an annuity contract can be a valuable planning mechanism. However, a living trust is not appropriate when mass-produced in connection with the sales of an insurance product. We strongly suggest you seek the advice of your qualified legal professional concerning the use of a trust with an annuity contract.

Neither Sammons Retirement SolutionsSM, Midland National®, nor any financial professional acting on its behalf, should be viewed as providing legal, tax or investment advice. Consult with and rely on a qualified professional. Under current law, annuities grow tax deferred. Annuities may be subject to taxation during the income or withdrawal phase. The tax-deferred feature is not necessary for a tax-qualified plan. In such instances, you should consider whether other features, such as the Death Benefit, lifetime annuity payments and riders make the Contract appropriate for your needs.

The S&P 500® is a product of S&P Dow Jones Indices LLC or its affiliates ("SPDJI"), and has been licensed for use by Midland National® Life Insurance Company (Midland National® or "the Company"). Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P") and these trademarks have been licensed for use by the SPDJI and sublicensed for certain purposes by the Company. LiveWellSM Fixed Index Annuity is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500®.

Fixed Index Annuities are not bank deposits, and are not insured by the FDIC, NCUA or other regulatory agencies. They are not obligations of or guaranteed by the financial institution or other affiliated entities and are not a condition of a loan.

NOT FDIC/NCUA INSURED, NOT A DEPOSIT OF A BANK, NOT BANK GUARANTEED, NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY.