Gather momentum for your future

Product features and benefits

Please note MultiOption Momentum is not available for sale in NY.

MultiOption® Momentum variable annuity 

Issued by Minnesota Life Insurance Company

Product features

As you near retirement, it’s important to have investment options that provide growth potential and protection to your hard-earned savings. The MultiOption Momentum variable annuity includes features designed to help you manage your wealth and focus on your long-term goals for retirement.

What MultiOption Momentum offers you

Variable investment options and indexed accounts

You can choose how to allocate your purchase payments and adjust as your needs change. Having variable investment options and indexed accounts together in one contract means you can conveniently adjust the dial – for growth potential, protection, or both. 

Variable investment options offer you access to the growth potential of the markets, while crediting based on index performance offers protection from negative market performance, since interest credited can never be less than zero.1

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Tax efficiencies

You can transfer your money between variable investments and indexed accounts tax-free and without incurring trade fees. Plus, tax-deferred earnings help you accumulate retirement assets since your investment gains aren’t reduced by taxes each year.2 

When compared to placing this portion of your assets in separate investment vehicles, having them together in one MultiOption Momentum contract provides impactful tax benefits.

How tax deferral adds up

Fees matter, understand your options

Understanding fees is important because fewer charges mean more money working to accumulate in your annuity over time.

It’s important to understand the impact of fees on long-term growth potential. Consider your options and find the right balance between cost and features in your portfolio.

Why expenses matter

Optional benefits

Available at time of purchase for an additional cost, optional benefits are add-ons for your MultiOption Momentum annuity. They give you the opportunity to select the type of additional features and guarantees you want in your contract, if any.

MultiOption Momentum offers three optional benefits: 

  • Enhanced Liquidity Option
  • Return of Purchase Payments Death Benefit
  • Premier Protector Death Benefit3

View MultiOption Momentum optional benefits

View MultiOption Momentum optional benefits in CA

View MultiOption Momentum optional benefits in IL and VA

Options for income

When the time comes to take money from your annuity, you can choose how you would like to receive income from your investment. 

You can take withdrawals of the contract value or elect to annuitize your contract to generate a dependable stream of income for a set amount, a set time period or for a lifetime.

Understanding annuity income

1. The investment performance of variable investment options is not guaranteed and can decrease in value. The indexes are not available for direct investment, and crediting is subject to the declared cap and/or participation rate. The indexed accounts are not available with the Premier Protector optional death benefit.

2. Earnings are taxable as ordinary income when distributed. If the annuity will fund an IRA or other tax-qualified plan, the tax deferral feature offers no additional value.

3. The Premier Protector Death Benefit Rider is not available in CA, MA, MO, and WA.

In addition to the information above, make sure you also review things to know before purchasing an annuity.

How it works

Variable annuities like MultiOption Momentum are long-term investment products designed to help you save and grow assets for retirement. Once you retire, it can provide a sustainable source of income.

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You purchase the annuity contract through your financial professional and make one or more purchase payments to fund it. Working with your financial professional, you allocate your purchase payments among the variable investment options and indexed accounts. You can choose to add an optional benefit for an additional cost.

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Over time, the value of your annuity:

  • increases or decreases based on the performance of the underlying variable investment options you select.
  • is credited based on index performance for any indexed accounts you select, subject to the declared cap and/or participation rate.
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At retirement, when you’re ready to begin taking money out you can choose to take withdrawals or choose to receive a dependable stream of income.

Things to know before purchasing an annuity

Time horizon & risk tolerance

Annuities are investments for the long term. If you need your money in the near future, it may be in your best interest to explore other options. One of the reasons for this is that many annuities have a deferred sales charge (surrender charge), which may apply to certain withdrawals taken in the contract’s initial years. And if you choose to withdraw earnings before age 59½, they may be subject to a 10% federal tax penalty.

Risk tolerance

The investment performance of variable investment options is not guaranteed and can decrease in value. And although the indexed account credits can never be less than zero, crediting is subject to the declared cap and/or participation rate.

If you select one of the optional benefits (available for an additional cost), in years where your investment gains and or interest earned is less than the benefit charge, your account value may decrease. 


Annuity earnings are taxable as ordinary income when distributed. If you purchase a variable annuity as part of an IRA or other qualified-type retirement plan, you will receive no additional benefit from the tax deferral feature of the annuity since IRAs and qualified plans are already tax deferred.

Next steps

Are you ready to gather momentum now for your future?

Review the product and investment resources — you can print any you’d like for your records. Your financial professional will take care of working with our support team to obtain the paperwork you’ll need to complete.

Why an annuity?

Make the most of your retirement years

How do you anticipate spending your retirement? Exploring new passions, spending more time with family and friends, volunteering, traveling?

You’ve worked hard for your next chapter — and maybe you’re still working to make it a reality. But do you have a strategy for navigating common risks that could greatly affect your retirement?

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Common retirement risks


Market risk

The potential that the markets may do poorly in a given year — or just as you begin to take income — diminishing your invested wealth.

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Inflation risk

The chance that you may not be able to maintain your purchasing power due to rising costs.

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Longevity risk

The risk of outliving your available income in retirement.

The good news is that features offered through variable annuities can help you be better prepared to navigate through these risks and preserve the retirement you envision.

Part investment, part insurance: how variable annuities can help

A deferred variable annuity offers accumulation opportunities combined with protection opportunities from an issuing insurance company. They are designed to help you save and grow your retirement assets. Then once you retire, you have options to directly access your money1 or to generate an income stream to help make your money last.

You may consider using an annuity as a supplement to other investment accounts or an existing IRA, to bolster your retirement income from an employer retirement plan, or if you’ve maxed out your 401(k) — since unlike other retirement vehicles, annuities are not subject to IRS contribution limits.

A deferred variable annuity helps you address financial risks to your retirement with:

Accumulation opportunities Protection opportunities
  • A wide range of investment options to help you customize your annuity to meet your long-term goals and risk comfort level
  • Tax-deferred earnings that help you accumulate retirement assets faster because your investment gains aren’t taxed each year2   
  • Tax-free transfers between investment options
  • No IRS contribution limits
  • The opportunity to add living benefits, which can provide options for accumulation guarantees.3
  • A variety of ways to receive income in retirement, including the ability to annuitize your contract to generate a guaranteed stream of income for a set amount, a set period of time or for a lifetime

  • Certain products offer a death benefit to protect your annuity assets for the people you care about once you’re gone

  • The opportunity to add living benefits, which can provide options for principal protection, income guarantees and more. 3




1. Withdrawals taken in the contract’s initial years will be subject to any deferred sales charges (surrender charge) that may apply. Withdrawals prior to age 59 ½ may be subject to a 10% federal tax penalty.

2. When the time is right and you begin taking income, your earnings will be taxable as ordinary income.

3. Optional benefit availability varies depending upon the variable annuity you select.

Work with your financial professional

Your financial professional can help you identify whether an annuity is a good fit for you. Together, you can review the specific features of one you may be considering and develop a retirement strategy to account for any risks to the future retirement income you’ll depend on.

Why Securian Financial?

At Securian Financial, we’re here for family. And we’re here because of it. And we believe your financial picture should support the everyday moments as much as the major milestones.

Since 1880, we’ve been committed to providing insurance, investment and retirement solutions that give families the confidence to focus on what’s truly valuable: banking memories with those who matter most.

Learn more about us – including how our purpose, values and financial strength help customers like you build secure tomorrows. 

Learn more about Securian Financial

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 non-qualified 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.

Some products and features may not be available in all states and features may vary by state.  Variable products not available in New York.

The guarantees are subject to the financial strength and claims paying ability of the issuing insurance company. The guarantees have no bearing on the variable investment performance.

You 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. You may obtain a copy of the prospectus from your financial professional or here on Please read the prospectuses carefully before investing.

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

This information is a general discussion of the relevant federal tax laws provided to promote ideas that may benefit a taxpayer. It is not intended for, nor can it be used by any taxpayer for the purpose of avoiding federal tax penalties. Taxpayers should seek the advice of their own advisors regarding any tax and legal issues specific to their situation.

This is a general communication for informational and educational purposes. The information is not designed, or intended, to be applicable to any person's individual circumstances. It should not be considered investment advice, nor does it constitute a recommendation that anyone engage in (or refrain from) a particular course of action. If you are seeking investment advice or recommendations, please contact your financial professional.

Insurance products are issued by Minnesota Life Insurance Company in all states except New York. In New York, products are issued by Securian Life Insurance Company, a New York authorized insurer. Minnesota Life is not an authorized New York insurer and does not do insurance business in New York. Both companies are headquartered in St. Paul, MN. Product availability and features may vary by state. Each insurer is solely responsible for the financial obligations under the policies or contracts it issues. Variable products are distributed by Securian Financial Services, Inc., member FINRA. 400 Robert Street North, Saint Paul, MN 55101.

Policy form numbers:  ICC20-70632, 20-70632, ICC20-70633, 20-70633, ICC20-70634, 20-70634, ICC19-70508, 19-70508, ICC19-70510, 19-70510, 16-70307.

Securian Financial is the marketing name for Securian Financial Group, Inc. and its subsidiaries. Minnesota Life Insurance Company and Securian Life Insurance Company are subsidiaries of Securian Financial Group, Inc.

Not a deposit — Not FDIC/NCUA insured — Not insured by any federal government agency — Not guaranteed by any bank or credit union — May go down in value

DOFU 11-2022