Midland Guarantee Pro — 7-year fixed annuity at 5.20%
- Locks in 5.20% for 7 years
- Open with $20,000 to $2,000,000
- Free withdrawals allowed for:
- All interest earned
- Your full investment for nursing home confinement
Rates as of May 8, 2026
Projected balance
over 7 years
Compounded at 5.20% guaranteed. No market exposure, no fees deducted from your balance.
| Year | Earnings | Balance |
|---|---|---|
| 1 | $5,200 | $105,200 |
| 2 | $5,470 | $110,670 |
| 3 | $5,755 | $116,425 |
| 4 | $6,054 | $122,479 |
| 5 | $6,369 | $128,848 |
| 6 | $6,700 | $135,548 |
| 7 | $7,049 | $142,597 |
| Total earnings | $42,597 | $142,597 |
Free-withdrawal allowance: Interest only / yr. Withdrawals beyond the allowance trigger the surrender charge below.
- Rank vs. peers
- #94 of 157 (top is 6.25% — Sentinel Security Personal Choice)
If you withdraw early
Surrender charge schedule
Surrender charges apply to withdrawals beyond the free-withdrawal allowance during the contract term. The charge is a percentage of the amount withdrawn, decreasing each year. They exist because the carrier matches your premium against long-duration assets — early redemption forces them to unwind those positions.
| Contract year | Charge |
|---|---|
| Year 1 | 8.0% |
| Year 2 | 8.0% |
| Year 3 | 7.0% |
| Year 4 | 6.0% |
| Year 5 | 5.0% |
| Year 6 | 4.0% |
| Year 7 | 3.0% |
Contract terms
What else to know
Term
7 years guaranteed at 5.20% APY
Investment range
$20,000 – $2,000,000
Rate banding
Higher investment amounts qualify for higher rates.
| Premium band | Rate |
|---|---|
| $20,000 – $100,000 | 4.90% |
| $100,000 – $2,000,000 | 5.20% |
Funding sources accepted
Roth Conversion (Partial), Roth Conversion (Full), Traditional IRA, Non-Qualified, 1035 Exchange, IRA Rollover, IRA Transfer, IRA-Roth, TSA 403b, SEP IRA, TSP
Owner age
0 to 90 years old
Free look period
30 days after policy issue to change your mind without penalty.
Death benefit
Full accumulated value passes to your beneficiary, no surrender charge.
Riders & waivers
- Nursing Home Waiver
Maturity
30-day window at the end of the term to withdraw, reinvest, or convert to guaranteed income via annuitization.
Tax treatment
Interest accumulates tax-deferred. Personal post-tax funds: only the interest is taxable on withdrawal. Withdrawals before age 59½ may be subject to a 10% IRS penalty.
Source: Midland contract brochure (download PDF). Anything you act on should be confirmed against the carrier's most recent filing.
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