1. Direct Income
®
Illustration
Single Premium Immediate Annuity
Prepared For:
Valued Annuitant
Issue State: GA
Agent/Representative
McNeill, Don
Date Prepared:
06/17/2013
By
Midland National Life Insurance Company, Annuity Division
4350 Westown Parkway
West Des Moines, IA 50266
www.midlandnational.com
This is an illustration only, not an offer or contract. It is not intended to predict future performance.
Benefits are subject to the terms and conditions of the annuity contract.
This illustration is not valid without all pages.
Page 1 of 3
2. Direct Income®
Single Premium Immediate Annuity
Non-Qualified Contract
Annuitant Name: Valued Annuitant Illustration Date: 06/17/2013
Annuitant Gender: Male Payment Start Date: 07/17/2013
Annuitant Age: 65 Payment Mode: Monthly
State: GA Premium: $100,000.00
Cost Basis: $100,000.00
OPTION PREMIUM PAYMENT
START
DATE
MODE PAYMENT EXCLUSION
RATIO
1
10-Year Period
Certain
$100,000.00 07/17/2013 Monthly $917.56 90.8%
Once a Payment Option and/or Mode is selected it cannot be changed. Payment amounts do reflect applicable State Premium Taxes.
This is an illustration only and your application is subject to approval by Midland National Life Insurance Company. Actual rates will be
those in effect on the date the premium is received by the home office. If applicable, locked in rates will apply to transfers received within
the allotted rate-lock period.
1
The Exclusion Ratio reflects the percentage of the systematic payment amount that is excluded from taxation.
Proposal Code: 006057
This Illustration is not valid unless all pages are present.
Page 2 of 3
3. Direct Income®
Single Premium Immediate Annuity
Non-Qualified Contract
Annuitant Name: Valued Annuitant Illustration Date: 06/17/2013
Annuitant Gender: Male Payment Start Date: 07/17/2013
Annuitant Age: 65 Payment Mode: Monthly
State: GA Premium: $100,000.00
Cost Basis: $100,000.00
10-YEAR PERIOD CERTAIN ONLY
Monthly Benefit Amount: $917.56
Monthly Taxable Amount: $84.23
Tax Exclusion Ratio: 90.8%
• Income for a fixed number of years (5-20) with
payments continuing to a named beneficiary should
death occur prior to the end of the period certain
• The period certain payment option cannot be set-up to
pay out past age 100 for the owner and annuitant
The Direct Income
®
annuity is issued on form AS075A or appropriate state variation by Midland National Life Insurance
Company, West Des Moines, Iowa. The Direct Income
®
and its features may not be available in all states.
This Illustration is not valid unless all pages are present.
Page 3 of 3
