0.00% 

6% Account Value Escalator (also known as Interest Bonus) on all first year premium, paid at 1% per year for 6 years.

Minimum guaranteed interest rate varies between 1.5% and 3% depending upon the state on 87.5%compounded annually.

The fixed rate option establishes a fixed rate guaranteed for one year, but never less than 1.50% annually.  A new fixed rate, subject to the minimum guaranteed is declared each year.

An Account Value Escalator of 6% is credited to the total premium paid in the first year.  Premium payments made in subsequent years will not receive an Account Value Escalator.  The 6% Account Value Escalator is credited to the account value at a rate of 1% per year over 6 years for a total of 6% of the first year premium.  The additional interest does not increase the Minimum Guaranteed Surrender Value. Withdrawals or partial surrenders in excess of the free surrender amount will cause a portion of the future, not yet credited additional interest to be forfeited.
 

Minimum single premium of $10,000 (0-85 NQ / 18-85 Q) ($2,000 per investment option).  Minimum subsequent additions are $2,000 each.
Maximum of $1,000,000 without prior approval from home office. 

6 

0 - 85 

There are 6 years of surrender penalties as follows:
9%, 9%, 8%, 7%, 6%, 5%

Surrender charges do not reset for additional premiums. 

At the end of the first anniversary, 10% of the account value may be withdrawn without surrender penalty; however, systematic withdrawals are allowed as a specific amount or interest only on a repetitive basis, provided the minimum payment is $100.  Systematic payment frequency can be monthly, quarterly, semi-annual, or annual.

Withdrawal penalties are waived for full or partial withdrawal:
1.  Upon annuitization at anytime (min. 5-yr payout).
2.  Upon death.
3.  When the nursing home, terminal illness or unemployment waiver applies.

Nursing Home Waiver: When owner is confined to a licensed nursing home for more than 60 days beginning after the first year of the annuity.

Terminal Illness Waiver: If, after the first year of the annuity, the owner is diagnosed by a licensed physician as having an illness or condition resulting in a life expectancy of less than one year.

Unemployment Waiver: If the owner is under age 65 and becomes unemployed any time after the annuity is issued, and remains unemployed for at least 30 days.

Death Benefit: No surrender charges will be deducted from the account value if the owner dies.

The Minimum Guaranteed Surrender Value ("MGSV") is the sum of 87.5% of any premiums paid, compounded at 1% to 3% annually, depending upon state approval, and is adjusted for any withdrawals or account value reallocations.
 

The annuity allows the client to choose from four interest crediting options, three linked to indexes and one fixed rate.  The fixed rate is set each year, subject to the minimum guaranteed, and may be changed annually thereafter.  The index options are: (a) Monthly Point-to-Point, Annual Pt-Pt, Monthly Average, with annual interest crediting and compounding; (b) Caps are set at the beginning of each contract year and guaranteed for one year, subject to the minimum cap of 1% per month on Mo. Pt-Pt and 3% on Annual Pt-Pt and Monthly Average; (c) Account value vests after each annual interest crediting period; (d) Interest credit never less than zero; (e) Annual reallocation between the various options is allowed.

The Interest crediting options are:
Option A: S&P 500®, Monthly Point-to-Point
Option B: S&P 500®, Annual Point-to-Point
Option C: S&P500®,  Monthly Averaging
Option D: A guaranteed competitive interest rate of 
successive one-year periods.

Point-to-Point:
The index value on the current anniversary is compared to the index value on the prior anniversary.  If change is positive, it is subject to cap and if negative, the credit cannot be less than zero.

Monthly Averaging:
The index average, calculated at the end of the current year, is determined by averaging the index values, on a monthly basis, over the current year.  If change is positive, it is subject to cap and if negative, the credit cannot be less than zero.
 

OMFN_Rates.pdf 

Issue age is last birthday for both owner and annuitant.

Rate protection on 1035 exchanges is 60 days. 

Annuitization available anytime without penalty for a minimum 5-year payout. If annuitized in 1st two years, commission adjusted to SPIA level. 

Commission
Age     All Options                Renewals    
                                               
0-79       4.00% yrs. 1-3         0.0%         
80-85     2.00% yrs. 1-3         0.0%   

Full Commissions will be paid on sales up to $1,000,000. Sales that replace existing policies of the company will be paid at a reduced rate.  

Commission chargeback is 100% during the first year and 50% during the second year and shall apply to full surrenders or any partial surrender exceeding the free surrender amount.  There will be an adjustment in commissions to the SPIA level for policies that are annuitized in the two policy years.  There is no commission chargeback on death of a policyholder.
 

New York
Oregon
Puerto Rico
Washington