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Please note this content is not approved for use in NY. MultiOption Guide is not approved for sale in NY.

MultiOption® Guide B Series

Traditional VA designed for customization

MultiOption Guide B Series is a deferred variable annuity for clients who are looking for market participation, tax-deferred growth, the ability to leave a legacy, and the flexibility to customize with additional guarantees through an optional benefit.

Why choose MultiOption Guide B Series?

Tax deferral

Keep more of clients' money in their contract and compounding over time.

Investment options

A diversified lineup of 75+ options available from leading investment firms.

Ability to leave a legacy

A minimum death benefit guarantee helps clients lay a foundation for their family’s future.

Options for customization

Optional benefits enhance guarantees for retirement income, accumulation and legacy.

Tax deferral

Help your clients keep their earnings growing

One of the advantages that annuities provide is tax deferral. It lets clients defer taxes on their annuity earnings and allows them to make changes to their annuity investment options without creating tax consequences – keeping more of their money in their contract and compounding over time.

The power of tax deferral over 25 years

  Before tax After tax
Tax-deferred investment $429,187 $320,555
Taxable investment   $267,868 (taxed annually)

Even after the tax-deferred investment has taxes paid upon lump sum withdrawal, it still results in quite a bit more than the annually-taxed investment. That’s the power of tax deferral.

This hypothetical example assumes a $100,000 initial investment with a 6% rate of return, no withdrawals over a 25-year period, and a 33% ordinary income tax bracket. It is for illustrative purposes only and is not intended to predict or project investment results.

Investment options

Help clients create a diversified mix of investments

MultiOption Guide B Series provides your clients with access to competitive investment firms and a wide array of investment options to help them meet their long-term financial goals. We offer many asset allocation options to help your clients allocate their variable annuity investments, including:

  • Professionally managed asset allocation portfolios
  • Managed Volatility Portfolios
  • Static, pre-built and customized asset allocation strategies

View variable investment lineup

View asset allocation e-Toolkit

Ability to leave a legacy

Clients can help lay a foundation for their family’s future

Leaving loved ones an additional measure of financial security is a powerful and meaningful gift. MultiOption Guide B Series provides a minimum death benefit guarantee to help clients protect and preserve annuity assets for loved ones.

Beneficiaries receive the greater of:

  • The value of the annuity contract at the contract owner’s death
  • Total purchase payments, adjusted pro-rata for withdrawals

In addition to the minimum death benefit guarantee to protect and preserve assets for loved ones, clients can also choose from optional death benefits to further protect or enhance the assets they pass on.

Options for customization

Optional benefits offer income, asset and legacy guarantees

With MultiOption Guide B Series comes a suite of optional benefits (available at an additional cost) that let’s clients customize their retirement strategy. Optional living benefits offer additional income and accumulation guarantees, and optional death benefits provide greater protection, flexibility, and enhanced death benefits.

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Lifetime income
MyPath Lifetime Income suite

A suite of GLWBs that provide income growth and guarantees for a variety of client scenarios.

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SureTrack Plus 90

A GMAB benefit for clients who want upside potential and downside protection.

View full details
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Legacy and estate
Optional death benefits

Options to provide greater protection, flexibility, and enhanced death benefits.

See the benefits

Product details

Contract type

Flexible Payment

Maximum issue age

85 for either owner and/or annuitant

Purchase payment 

  • Initial: $10,000
  • Subsequent: $500 ($100 if on Automatic Payment Plan)
  • Maximum: $1 million in total purchase payments without prior approval

Annual cost

  • Mortality & Expense Risk Charge: 1.20%
  • Administrative Charge: 0.15%
  • Maintenance Fee: $50 (waived if contract value $50,000 or more)

Deferred sales charge

7 years from each purchase payment (% = 8, 8, 7, 6, 5, 4, 3, 0)

Withdrawal minimum


Systematic withdrawal

$250 minimum available monthly, quarterly, semi-annually or annually. Options available include: specific amount, % of value, IRS Required Minimum Distribution.

Free withdrawal — not available on surrender    

Set on each contract anniversary, greater of:

  • Investment gain (contract value less purchase payments not previously withdrawn), or
  • 10% of the sum of purchase payments not previously withdrawn and still subject to charge

In addition, 10% of purchase payments made in the current contract year. If in an IRA, additional amounts available to satisfy IRS Required Minimum Distributions from the contract for that year. However, if clients withdraw the Required Minimum Distribution for two calendar years in a single contract year, deferred sales charge may apply.

Waiver of deferred sales charge

  • After the first contract anniversary for the following qualifying events:
    • Hospital, medical care stay (confinement of at least 90 days). Not available in California.
    • Terminal condition (life expectancy of 12 months or less)
  • Death
  • Annuitization

Investment options

More than 75 variable investment options plus a 6 and 12 month DCA fixed account

Death benefit

Greater of contract value or purchase payments adjusted pro-rata for withdrawals

Optional benefits

Several optional living and death benefits available for an additional cost

Optional benefits

Optional living benefits1

  • MyPathTM Edge 
    Guaranteed lifetime income now, for retirement-ready clients.
  • MyPathTM Horizon 
    Guaranteed income growth for those looking to retire soon.
  • MyPathTM Journey 
    Accelerated enhancement growth for those gearing up for retirement later.
  • SureTrack Plus 90
    Principal protection with growth potential.

Optional death benefits1

  • Highest Anniversary Value II
    Offers opportunity to lock in gains for beneficiaries.
  • Premier II
    Offers guaranteed growth and locks in gains for beneficiaries.
  • Premier Protector
    Growth and protection for beneficiaries, with an acceleration feature to access benefit if client becomes chronically or terminally ill.
  • Estate Enhancement Benefit II
    Increases contract value upon death by up to 40% of the contract's earnings.

1 Optional benefits are available for an additional cost. Optional benefits may not be approved in all states and product features may vary by state.

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An annuity is intended to be a long-term, tax-deferred retirement vehicle. Earnings are taxable as ordinary income when distributed, and if withdrawn before age 59½, may be subject to a 10% federal tax penalty. If the annuity will fund an IRA or other tax qualified plan, the tax deferral feature offers no additional value. Qualified distributions from a Roth IRA are generally excluded from gross income, but taxes and penalties may apply to nonqualified distributions. Please consult a tax advisor for specific information. There are charges and expenses associated with annuities, such as surrender charges (deferred sales charges) for early withdrawals. Variable annuities have additional expenses such as mortality and expense risk, administrative charge, investment management fees and rider fees. Variable sub-accounts of annuities are subject to market fluctuation, investment risk and loss of principal.

MultiOption Guide B Series variable annuity and the optional benefits may not be approved in all states and features may vary by state. Not available in New York. The guarantees in MultiOption Guide B are subject to the financial strength and claims-paying ability of Minnesota Life. The guarantees have no bearing on the performance of the variable investment options. We reserve the right to limit or discontinue acceptance of future purchase payments after the contract is issued. This may limit the ability to increase the contract value through additional purchase payments. If an optional benefit is elected in the contract, this may also limit the ability to increase the value used to calculate the optional benefit.

The SureTrack Plus 90 optional benefit establishes an Accumulation Base for calculating a minimum value available on the Benefit Date. Other than on the Benefit Date, the Accumulation Base provides no minimum contract value or investment return and is not available for withdrawal or payable at death. If on the Benefit Date the Accumulation Base is less than the contract value, the benefit terminates with no adjustment to contract value. The benefit requires use of an approved asset allocation strategy. Acceptance of future purchase payments is limited while this optional benefit is in effect. The guarantees are subject to the financial strength and claims-paying ability of Minnesota Life. The guarantees have no bearing on the performance of the variable investment options.

The MyPath suite of optional lifetime income benefits establish a Benefit Base for calculating guaranteed annual income. The Benefit Base provides no minimum contract value or investment return and is not available for withdrawal. Withdrawals exceeding allowed guidelines, or taken before the Benefit Date, may have a negative impact on the guarantees of these optional living benefits. All withdrawals reduce the Contract Value. These benefits cannot be cancelled and require use of an approved asset allocation strategy. The guarantees are subject to the financial strength and claims-paying ability of Minnesota Life. The guarantees have no bearing on performance of the variable investment options. These benefits are available on a single or joint life basis for an additional cost with a variable annuity and are based on state approval. Certain MyPath Benefits may be selected on a Plus or Joint 50 basis. These options may provide a greater initial stream of annual income with a reduction in annual income upon occurrence of certain specified events.

MyPath joint benefit options are not beneficial to the joint designated life unless he or she is recognized as a spouse under federal law. Consult with your tax advisor prior to purchasing a MyPath joint benefit if you have questions about your spouse’s status under federal law.

Variable annuities are sold by prospectus. Your clients should consider the investment objectives, risks, charges and expenses of a portfolio and the variable insurance product carefully before investing. The portfolio and variable insurance product prospectuses contain this and other information. Please read the prospectuses carefully before investing.

The information presented above is solely intended for use by financial professionals. Such information is not intended for public consumption or dissemination.

A purpose of the method of marketing is solicitation of insurance and that contact will be made by an insurance agent or agency.

Policy form numbers: 12-70232, ICC12-70232, 12-70234, ICC12- 70234, 12-70235, ICC12-70235, 12-70236, ICC12-70236, 15-70285, ICC15-70285, 16-70307, 20-70559, ICC20-70559, 20-70560, ICC20-70560, 20-70561, ICC20-70561, 20-70591, ICC20- 70591, 20-70592, ICC20-70592, 20-70593, ICC20-70593, 20-70594, ICC20-70594, 20-70595, ICC20-70595, 20-70596, ICC20-70596, 20-70597, ICC20-70597

DOFU 12-2022