* When you make a contribution, including a rollover contribution within six months of opening your IRA, Sammons Institutional Groups℠, Inc. will add an additional 3% based on the net contribution(s) (adjusted for any prior withdrawals) to your IRA ("account bonus"). The amount of the account bonus is calculated as a percentage of your net contribution(s). The account bonus becomes part of the IRA at the same time as the corresponding net contribution(s).
An early withdrawal charge (EWC) will be applied to withdrawals in excess of 10% of your account anniversary value (or required minimum distribution amount if greater) within six years of the account anniversary. The date your first contribution is received is known as your account anniversary. The EWC also applies to withdrawals by your beneficiary after your death.
1 Excessive trading policy; more than one "round trip" involving the same investment option within a 60-calendar-day period is considered excessive trading. Please review the Disclosure Statement & Custodial Account Agreement of the LiveWell® Plus Mutual Fund IRA booklet.
2 Statutory Basis as of 12/31/2019.
3 Ranked No. 75 on Forbes' 2019 List of America's Largest Private Companies. The list includes 228 privately held companies with revenues of more than $2 billion.
Investing in mutual funds involves risk, including potential loss of investment. You should consider the fund's investment objectives, risks, charges, and expenses carefully before investing. The prospectus and/or summary prospectus contain this and other information. You may contact your financial professional, visit srslivewell.com/prospectus, or call 866-747-3421 to obtain a current fund prospectus. Please read it carefully before investing.
The record keeping fee is compensation for administering, reporting and maintaining a history or IRA owner activities. Management services are not provided and no management fee is charged.
Securities distributed by Sammons Financial Network®, LLC., member FINRA. Insurance products are issued by Midland National® Life Insurance Company (West Des Moines, IA). Sammons Institutional Group℠, Inc. provides administrative services. Sammons Financial Network®, LLC., Midland National® Life Insurance Company, and Sammons Institutional Group℠, Inc. are wholly owned subsidiaries of Sammons® Financial Group, Inc. Sammons Retirement Solutions® and Midland Retirement Distributors® are marketing divisions of Sammons Institutional Group℠, Inc.
Sammons® Financial Group, Inc. is comprised of Midland National® Life Insurance Company, North American Company for Life and Health Insurance®, Sammons Institutional Group℠, Inc., and Sammons Financial Network®, LLC., member FINRA. Sammons Retirement Solutions® and Midland Retirement Distributors® are marketing divisions of Sammons Institutional Group℠, Inc.
Please view these product specific disclosures for the LiveWell® Plus Mutual Fund IRA.
NOT FDIC/NCUA INSURED, MAY LOSE VALUE INCLUDING LOSS OF PRINCIPAL, NO BANK/CU GUARANTEE, NOT A DEPOSIT, NOT INSURED BY ANY FEDERAL GOVERNMENT
19179 PRT 05-20