Midland National ~ Capstone 14 Annuity Review
Capstone 14 Highlights:
- This annuity offers penalty-free interest withdrawals.
- There are no fees, loads, or sales charges.
- Participate in stock market gains without any downside risk.
- Click to read the MNL Capstone 14 company brochure.
Frequently Asked Questions About the MNL Capstone 14 Annuity:
Q: What is the minimum premium I need to pay?
Q: Am I paid a bonus on my initial premium at sign-up?
A:Yes. The Capstone 14 pays an 8% bonus on all premiums received during the first seven contract years. In some states the bonus may differ.
Q: Can I pay additional premium later on?
A:Yes. A minimum of $100 each time.
Q: Are there any age restrictions?
A:Yes. You can purchase this annuity up to age 75. In some states the age requirements may differ.
Q:In which states is the MNL Capstone 14 annuity available?
A:The MNL Capstone 14 annuity is not available in all states. Call 800-872-6684 to find out if it's available in your state.
Q: Does this annuity have an income rider (for withdrawing income)?
A:Yes. An income rider can be included with your contract for an additional fee.
Q: For how long are surrender charges in effect?
Q:Does the MNL Capstone 14 annuity permit any withdrawals without penalties?
A:Yes, after the first contract year.
Q:What benchmark indices do the Capstone 14 offer?
A:Midland National’s Capstone 14 annuity offers six different indices into which you can allocate your premium. The current options are S&P 500, Dow Jones Industrial Average (DJIA), S&P Midcap 400, Russell 2000, Nasdaq-100 and Euro Stoxx 50.
Q: What are the index account options?
A:Daily Average, Monthly Point-to-Point and Annual Point-to-Point.
Q: What is the Method for Crediting Interest or Gains?
A: Cap rates.
To review the Midland National MNL Capstone 14 annuity with an agent or to receive a free personalized illustration call 800-872-6684 or fill in the "Get My Free Quote" form in the upper right section of this page. You can also post your questions in the "Add a comment..." section below.
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