2.50% 

Each premium received in the first Policy Year will receive an additional 5% interest.

Minimum Guaranteed Interest: 1%
 

Minimum Premium: $100/month salary reduction/PAC or $3,000 qualified / $5,000 non-qualified single premium transfer. Additional premiums accepted any time.
 

10 

0 - 80 

10 years of early withdrawal penalties: 10%, 9%, 8%, 7%, 6%, 5%, 4%, 3%, 2%, 1%


For AL, AK, CA, DE , TX and MN:

Age 0-58: 10%, 9%, 8%, 7%, 6%, 5%, 4%, 3%, 2%, 1%

Age 59+: 8.25%, 8.25%, 7.25%, 6.25%, 5%, 4%, 3%, 2%, 1%, 0%

Full accumulation value at death of the annuitant. 

Riders are: Nursing Care at no additional cost; All riders subject to state availability.

**Free Look period is 30 days
 

10% of accumulation value available after the first policy year as permitted by law. 

At least $2,500 must be maintained in the annuity to keep it is force. 

LSW_Rates.pdf 

Annual all-expenses paid trip available for producers closing at least $2,000,000 annually (by invitation only).  For annual sales of $2,000,000 or more the producer qualified for Performance Plus program which pays an additional 20 bps on accumulation value of all in-force policies issued in a calendar year – can be withdrawn or deferred. 

Licensing appointment with LSW must be accompanied by business (cash with application or transfer business) before processing can occur.

 

Commisions:

Age 0-70
 Year      Years      Years     Years     Years
  1             2-4         5-6        7-8         9-10              6.55%      6.00%    4.00%   2.50%     0.90%  


Age 71-75  
Year        Years      Years      Years    
  1             2-5        6-8        9-10     
5.15%      4.00%    2.50%    0.90%


Age 76-80
Year       Years      Years 
 1             2-8         9-10
4.15%      2.50%     0.90%

For AK, AL, CA, DE, IL, MN, NJ, OR, TX, UT and WA:
Age 0-58
 Year      Years      Years     Years     Years
  1             2-4         5-6        7-8         9-10              6.55%      6.00%    3.50%   2.00%     0.90%  

Age 59-70
Year      Years      Years     Years     Years
  1             2-4         5-6        7-8         9-10              6.05%      5.50%    4.00%   2.50%     0.90%

Age 71-75
Year        Years      Years      Years    
  1             2-5        6-8        9-10     
4.65%      3.50%    2.00%    0.90%

Age 76-80
Year       Years      Years 
 1             2-8         9-10
3.65%      2.00%     0.90%

Note: GLIR not available in NV, NH, NJ, OR, WA

Commissions on Policies issued as a replacement for another LSW or National Life Policy will be reduced according to LSW rules in place at such time.

Commission chargeback on death of the owner and/or annuitant:

-100%: up to 183 days following policy issue
-50%: after 183 days but before one (1) year from  policy issue.

Commission chargeback on surrenders or withdrawals, including RMD:

-100% for one year following policy issue, 0% thereafter

LSW will hold commission generated from business sold to self or family members for 30 days after the date of receipt of the policy by the policyholder, and commission on sales over $500,000 will be held for 30 days after the date of receipt of the policy by the policyholder.
 

Mississippi
Nevada
New Jersey
New York
Oregon
Pennsylvania
Puerto Rico
Utah
Washington