The LiveWell® Variable Annuity is a convenient option for your clients to continue growing their assets on a tax-deferred basis ... even if they've already maxed out other tax-deferred plans like a 401(k), 403(b), or government 457 plan.
SIMPLE • INNOVATIVE • STRAIGHTFORWARD
- More than 135 investment options to choose from for maximum portfolio customization1
- Choice of no surrender charge, or reduced fee with a surrender charge schedule from 5, 6, and 7 years2
- Return of premium death benefit—Beneficiaries are guaranteed to receive at least the amount of contributions made to the LiveWell Variable Annuity, less withdrawals on a prorated basis3
- Stretch IRA opportunities—Your clients can determine exactly how and when beneficiaries will be paid
And because it's from Sammons Retirement Solutions® Inc., they'll never pay an account set-up fee. They'll pay the mortality and expense risk charge, asset-based administration charge, and a quarterly contract maintenance fee, plus standard investment option expenses. For a complete listing of all applicable fees and expenses, please click here.
1 All separate account investment options are subject to market risk.
2 Certain surrender charge schedules may not be available. Please confirm availability with your firm or contact the Sammons Retirement Solutions Sales Desk at 855-624-0201.
3 The death benefit is based on the greater of net premium (total premiums received reduced on a pro-rated basis for partial withdrawals) or the accumulation value, which is equal to the sum of the amounts in the Investment Options. The death benefit amount may be reduced for withdrawals and premium taxes at death as required by state law. Guarantees are backed by the claims-paying ability of Midland National. A contract must be in force to garner a return of premium death benefit. Please see the prospectus for details and state-specific information.