For either case, withdrawals or transfers are not allowed once payments have started

• Interest that exceeds your guaranteed rate will be added to your guaranteed payments.
• A withdrawal or transfer of the remaining funds can be made free of charge at any time before the end of your payment period. Partial withdrawals are not allowed.

Period Certain for Specified Period with Guaranteed Interest Rate The Period Certain for Specified Period with Guaranteed Interest Rate option includes the following:

Joint Life with Two-Thirds to Survivor Receive guaranteed payments for your lifetime or the lifetime of the joint annuitant for the period you choose, whichever is latest

• A minimum of $5,000 is required.
• You receive principal and interest in equal monthly payments guaranteed for a specified period of 2 to 20 years.
• The interest rate and the payment amount are both guaranteed for the time period you select.
• A full withdrawal or transfer can be made at any time. A charge will be deducted, however, if you make a withdrawal or transfer before the end of the period.

Joint Life with Two-Thirds to Survivor Receive guaranteed payments for your lifetime or the lifetime of the joint annuitant for the period you choose, whichever is latest

• Principal and interest are paid to you in an amount you choose until your account balance is zero.
• Payments continue until all interest and principal have been paid out.
• The current interest rate is payable for the calendar year, and may change annually, as determined by Northwestern Mutual.

Income plan transfers or withdrawals are not available

Lifetime with a Certain Period Plan Guarantees payments for life. You have the option of guaranteed payments for 10 or 20 years, or until all of the amount you originally invested is paid out. If you die before the guaranteed payment period ends, payments will continue to your beneficiary for the remainder of the guaranteed period.

Joint & Survivor Life Income Plans Northwestern Mutual has Joint & Survivor Life Income Plans that provide a monthly payment based on the lifetimes of two people.

Joint Life 100% to Survivor (full amount to survivor) Receive guaranteed payments for your lifetime, the lifetime of the joint annuitant, or for the period you choose, whichever is latest. Upon the death of the first to die, the payments continue and are payable to the survivor.

Upon the death of the first to die, payments reduce to two-thirds (2/3) of the payment and are payable to the survivor. Income plan transfers and withdrawals are not available.

Joint Life with One-Half to Survivor Receive guaranteed payments for your lifetime or the lifetime of the joint annuitant for the period you choose, whichever is latest. Upon the death of the first to die, the payments reduce to one-half (1/2) of the payment and are payable to the http://www.cashcentralpaydayloans.com/payday-loans-ks survivor.

Joint Life with Two-Thirds to Joint Annuitant Receive guaranteed payments for your lifetime or the lifetime of the joint annuitant for the period you choose, whichever is latest. Upon the death of the first to die, payments reduce to two-thirds (2/3) of the payment and are payable to the joint annuitant if living, otherwise to the contingent beneficiary for the balance of the period you chose.

Joint Life with One-Half to Joint Annuitant Receive guaranteed payments for your lifetime or the lifetime of the joint annuitant for the period you choose, whichever is latest. Upon the death of the first to die, payments reduce to one-half (1/2) of the payment and are payable to the joint annuitant if living, otherwise to the contingent beneficiary for the balance of the period you chose.