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srsLiveWellSM  Variable Annuity

Put The Power Of Tax Deferral To Work – With No Surrender Charges

Saving extra money for retirement shouldn't result in tax complications. Or investment headaches. Or an avalanche of fees if later you change your investment strategy. That's why Midland National Life® Insurance Company set up the LiveWell Variable Annuity, for Sammons Retirement SolutionsSM Inc. (SRSISM) clients.

Keep Your Money In Your VARIABLE ANNUITY – Instead Of Paying Taxes Each Year
As a variable annuity, LiveWell gives you the advantage of tax-deferred1 growth:

  • The money you initially invest has the potential to grow
  • The income your investment earns has the potential to grow
  • And the money you would have normally paid in taxes has the potential to grow because it stays in your variable annuity instead

The Investment Savvy Of Some Of The Nation's Leading Fund Managers
You can still take advantage of the specialized knowledge of some of the nation's most highly respected money managers with the LiveWell Variable Annuity. But instead of setting up separate accounts with each investment, you have the convenience of setting up one convenient investment program ... where your investment is easily managed through your variable annuity. All Separate Account Investment Options are subject to market risk.

DON'T LET HIGH FEES TIE YOU DOWN
Saving on your investment costs just makes sense. Here's an area where the LiveWell Variable Annuity shines:

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Note: The LiveWell Variable Annuity is not available in NY.

1. The tax-deferred feature of the annuity is not necessary for a tax-qualified plan. Before purchasing this product, you should obtain competent tax advice as to the tax treatment of the annuity and the suitability of the purchase.

2. Subject to the Excessive Trading Policy: We do not currently charge for reallocations, but we reserve the right to charge $15 for each allocation after the 15th transfer in a contract year.

1% Mortality & Expense Fee, 0.35% Administration Fee, $10 quarterly Maintenance Fee for policies less than $50,000.

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

Investing in variable annuities involves risk, including potential loss of investment. You should consider the investment objectives, risks, charges and expenses of the variable annuity and its underlying investment options carefully before investing. The prospectus and/or summary prospectus contains this and other information. You may contact your financial professional or call 866.747.3421 to obtain a current prospectus for the variable annuity and its underlying investment options. Please read it carefully.

Transfers subject to excessive Trading Policy. We do not currently charge for reallocations, but reserve the right to charge $15 for each allocation after the 15th transfer in a contract year.

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.

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.

Sammons Retirement SolutionsSM Inc. and Midland National do not give tax or legal advice. Please consult with and rely on your own advisors. Taxes are payable upon withdrawal of funds, and a 10% penalty may apply to withdrawals prior to age 59½.

The tax-deferred feature of the annuity is not necessary for a tax-qualified plan. Before purchasing this product, you should obtain competent tax advice as to the tax treatment of the annuity and the suitability of the purchase.

The distributor for Midland National's LiveWellSM Variable Annuity is Sammons Financial NetworkSM LLC, 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.

Variable insurance products 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. Variable insurance products are subject to market risks and may lose value, including loss of principal.

Guggenheim Investments is the fund manager for the investment management businesses of Guggenheim Partners, LLC is an affiliate of Sammons Enterprises, Inc., the parent company of Sammons Financial Network, Sammons Retirement SolutionsSM Inc. and Midland National Life® Insurance Company.