CUSIP Number:
597609411
CUSIP Name:
4 Year Annuity
Product Policy Type:
Indexed Annuity
Inception Date:
Close Date:
CUSIP Note:
Scrap Book:
The MNL Endeavor 4 is a single premium deferred index annuity with a market value adjustment. The minimum single premium is $10,000 for non-qualified and $2,000 for qualified money. Interest earned during the previous contract year each contract year after the first may be withdrawn without incurring any surrender charges or MVA. Surrender charges are four years in duration (9,8,7,6) and are waived in the event of death or entrance into a nursing home. State variations may apply. Withdrawals and taxable distributions may be subject to ordinary income tax and if made prior to age 59 1/2, may also be subject to a 10% federal income tax penalty. Guarantees based on claims paying ability of insurer. Products / features may not be available in all states. This is an annuity contract issued by an insurance company and not a bank product protected by the FDIC
Last Modified:
02 Aug 2023 10:12