Single Premium Tax-Deferred Annuities With Market Value Adjustment

WNL Security Builder 5 Annuity

The WNL Security Builder 5 Annuity is a single-premium, tax-deferred fixed annuity with optional market value adjustment (MVA) designed with features that give you flexibility and control over your annuity. It offers safety of principal, a fixed rate of return, and an income option that transforms the contract balance into a guaranteed income stream for life.¹ Some people buy a WNL Security Builder 5 Annuity to help meet some of their individual retirement and other long-term needs.

Technically, the WNL Security Builder 5 Annuity is a contract between you and Western National Life Insurance Company. It allows you to build your annuity value over time and convert it to income in the future. Because it’s a single-premium contract, you purchase the annuity with only one lump-sum payment.

• Keep in mind that the WNL Security Builder 5 Annuity is designed to achieve long-term rather than short-term financial goals.

• Withdrawing money early can lead to early withdrawal penalties as well as certain tax penalties. And note that with the MVA option, in addition to withdrawal charges, the account will also be subject to a market value adjustment.  
  

Click here for a detailed Summary of WNL Security Builder 5 Annuity. 



¹ Annuitization required (the process of converting the fixed annuity into a series of periodic income payments).