CUSIP Number:
597609429
CUSIP Name:
6 Year Annuity
Product Policy Type:
Indexed Annuity
Inception Date:
Close Date:
CUSIP Note:
Scrap Book:
The MNL Endeavor 6 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minimum single premium is $10,000 for non-qualified and $2,000 for qualified money. 10% of the accumulated value may be withdrawn at contract issue without incurring any surrender charges or MVA. Surrender charges are six years in duration (9,8,7,6,5,3) 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