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What is a
variable annuity?

A variable annuity is a product used for retirement planning that combines the potential of stock market returns with the guarantee* of insurance.

It may make sense for individual investors who have maximized their 401(k) plans and other pre-tax investment options.

Watch our short video about the LiveWell® Freedom Variable Annuity!

* Guarantees are backed by the claims-paying ability of Midland National® Life Insurance Company.

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View the LiveWell Freedom Variable Annuity product prospectus

The LiveWell® Freedom Variable Annuity can help you during both stages of retirement by providing income as early as the first stage of retirement, with innovative features that help deliver more financial freedom later in retirement.

Simple • Innovative • Straightforward

With the LiveWell Freedom Variable Annuity, issued by Midland National® Life Insurance Company, you get:

  • Upside growth potential—up to 80% equity exposure with access to the nation's top fund managers1
  • A unique guaranteed lifetime withdrawal benefit (GLWB) roll-up—75% of S&P 500® index gains + 2% guaranteed2
  • Freedom DateSM—an industry first that allows unrestricted access to your accumulation value while your lifetime income payments continue

View a complete listing of all applicable fees, charges, and expenses for the LiveWell Freedom Variable Annuity.

Learn more about your longevity risk.

Number of funds, investment options, and associated fees are as of 2/1/2019. Standard variable annuity investment option fees, ranging from 0.35%-1.14% net, also apply.

1 There is a requirement of a maximum of 80% equity allocation and a minimum of 60% equity allocation with the remaining percentage allocated in bonds. Automatic quarterly rebalancing is required and is based on the most recent asset allocation instructions.

2 Annual roll-up is applied until the earliest of the first withdrawal, the maximum GLWB value is reached, or at the Freedom DateSM.

NOTE: The LiveWell Freedom Variable Annuity is not available in NY.


To find out more, contact your financial professional today!

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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 contain 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.

Securities distributed by Sammons Financial Network® LLC, member FINRA. Insurance products are issued by Midland National® Life Insurance Company (West Des Moines, IA). Sammons Institutional GroupSM, Inc. provides administrative services. Sammons Financial Network® LLC, Midland National® Life Insurance Company, and Sammons Institutional GroupSM, Inc. are wholly owned subsidiaries of Sammons® Financial Group, Inc. Sammons Retirement Solutions® and Midland Retirement Distributors® are divisions of Sammons Institutional GroupSM, Inc.

Please view these important product-specific disclosures for the LiveWell® Freedom Variable Annuity.

Actuaries Longevity Illustrator Tool. 2016 Society of Actuaries and American Academy of Actuaries.