Product Description
The National Western Life Ultra Value Annuity is a flexible premium deferred annuity. It is a long–term contract intended as a secure planning vehicle for retirement accumulation and income.
The NWL Ultra Value Annuity provides the important benefits of many tax-deferred annuities:
- interest accumulation
- safety, tax-deferral
- liquidity
Features and Benefits
Premium Bonus
Premium bonuses are paid on every deposit for the first 5 years.
Optional Withdrawal Benefit Riders
There are optional Withdrawal Benefit Riders that can be added to the NWL Ultra Value annuity at issue.
A charge applies to each rider, and riders may not be available in all states.
INCOME OUTLOOK WITHDRAWAL BENEFIT RIDER
NWL Income Outlook from National Western Life provides the security of a guaranteed income stream you can not outlive in retirement.
This rider also offers the opportunity for larger income benefits when indexed interest credits increase your annuity’s Account Value.
It also gives you control of your annuity as your needs change and access to your money if needed.
Withdrawal Payments that can be paid for life
• The ability to stop and start Withdrawal Payments
• No withdrawal charges on Withdrawal Payments taken under this rider
• The Withdrawal Payment Base to Step-Up to the annuity’s Account Value*, if larger, when the Withdrawal Period begins and each Policy Anniversary thereafter
• The Maximum Guaranteed Annual Withdrawal Payment increases each time there is a Step-Up in the Withdrawal Payment Base
• Access to the annuity’s Account Value remains
• Required Minimum Distribution friendly
INCOME OUTLOOK PLUS 5 WITHDRAWAL BENEFIT RIDER
NWL Income Outlook Plus 5 NH from National Western Life provides the security of a guaranteed income stream you can not outlive in retirement.
This rider also offers the opportunity for larger income benefits when indexed interest credits increase your annuity’s Account Value.
It also gives you control of your annuity as your needs change and access to your money if needed
• Withdrawal Payments that can be paid for life
• The ability to stop and start Withdrawal Payments
• No withdrawal charges on Withdrawal Payments taken under this rider
• The Withdrawal Payment Base to Step-Up to the annuity’s Account Value*, if larger when the Withdrawal Period begins and each Policy Anniversary thereafter
• The Maximum Guaranteed Annual Withdrawal Payment increases each time there is a Step-Up in the Withdrawal Payment Base
• Access to the annuity’s Account Value remains
• Required Minimum Distribution friendly
