Annuities

Annuities
An annuity is a contract between you and an insurer. In return for your premium, the insurer will pay regular income payments, plus the interest it earns, over a period of time that you choose. You will not pay taxes on the interest you have earned until you begin receiving payments.

National Mutual Benefit's annuity products were designed to address the concerns of retirement. Although other goals may be accomplished by using annuities, retirement security remains the primary purpose.

Advantage 20 – Single Payment Deferred Annuity 9
NMB’s Advantage 20 Annuity is the perfect solution if you are looking for a safe, tax-deferred, competitive rate of return. Advantage 20 is ideal for 401(k) and IRA rollovers, while providing the opportunity to withdraw** income immediately or convert later to a lifetime income. This product is purchased with one lump sum payment and has surrender penalty period of 9 years (ages 0-75) and 5 years (ages 76-85).

Current Rates - Effective: 12/01/2011

Current New Policy Rate = 3.0% (a)
Current Renewal Rate = 2.25% (b)
Guaranteed Minimum Renewal Rate = 1.0%

(a) First year effective annual interest rate guaranteed for the first policy year, for a policy value of $50,000-$100,000.

(b) Current rate is an effective annual interest rate, subject to change without notice. This rate is for a policy value of $50,000-$100,000.

Policy Form 2911. Not available in all states.

Advantage 30 – Flexible Payment Deferred Annuity 9
The Advantage 30 is ideal if you have a need for a safe, tax-deferred, flexible annuity. Our Advantage 30 allows you to make flexible deposits over a period of time. This product also has surrender penalty periods of 9 years (ages 0-75) and 5 years (ages 76-85).

Current Rates - Effective: 12/01/2011

Current New Policy Rate = 3.0% (a)
Current Renewal Rate = 2.25% (b)
Guaranteed Minimum Renewal Rate = 1.0%

Policy Form 2811. Not available in all states.

Advantage 40 – Single Payment Immediate Annuity
NMB’s Advantage 40 Annuity is the perfect solution if you are looking to convert a lump sum of money into an immediate stream of income payments. The income payments can last for a set period of time or for life—the choice is yours!

Policy Form 9910. Not available in all states.

Advantage 50 – Single Payment Deferred Annuity 5
Advantage 50 is the ideal solution if you are looking for the advantages of a traditional fixed annuity. This annuity has a competitive interest rate and allows you to withdraw** interest without a surrender penalty. If you are looking for tax-deferral and predictable returns, this program may be a perfect fit. This product has a guaranteed interest rate for 5 years and a surrender penalty period of 5 years.

Current Rates - Effective: 12/01/2011

Current New Policy Rate = 3.0% (a)
Current Renewal Rate = 3.0% (b)
Guaranteed Minimum Renewal Rate = 1.0%

(a) Effective annual interest rate guaranteed for the first 5 policy years, for a policy value of $50,000 and above.

(b) Current rate is an effective annual interest rate, subject to change without notice. This rate is for a policy value of $50,000 and above.

Policy Form 3011. Not available in all states.

For more information about our products contact our Home Office or find your local sales office.

*The taxable portion of each annuity distribution is subject to income taxation. If a taxpayer is younger than 59 ½ at the time of distribution, a 10% federal tax penalty will apply to the taxable portion of the distribution unless a penalty-tax exception applies.

**Withdrawals are subject to income tax, and most withdrawals made prior to age 59 ½ are subject to a 10% IRS penalty.

National Mutual Benefit is authorized to conduct business in 11 states: Arizona, Colorado, Illinois, Iowa, Michigan, Minnesota, Nebraska, North Dakota, South Dakota, Wisconsin and Wyoming. Products issued by National Mutual Benefit are available to applicants who meet membership, insurability, U.S. citizenship and residency requirements. Not all products described are available in all states.

Guarantees are backed by the financial strength and claims paying ability of National Mutual Benefit.