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2002: Midland Reaches 100,000 Annuity Contract Owners

In 2002, Midland National reached 100,000 annuity contract owners. Throughout the 2000s, the company experienced tremendous success, and offering multiple kinds of annuities, including fixed index, traditional fixed and immediate annuities. 2000s, 2003, Aughts, Midland National, Midland National Life, Milestone, Annuities, Contracts

1. Under current law, annuities grow tax deferred. An annuity is not required for tax deferral in qualified plans. Annuities may be subject to taxation during the income or withdrawal phase. Neither Midland National® Life Insurance Company, nor any agents acting on its behalf, should be viewed as providing legal, tax or investment advice. Your client should be advised to rely on their own qualified adviser. 2. Withdrawals taken prior to age 59 1/2 may be subject to IRS penalties.
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1906: Company Founded In The Black Hills Of South Dakota

The company that would eventually evolve into Midland National Life Insurance Company was born on a late summer evening in the Black HIlls of South Dakota.

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The meeting culminated from months of planning.  Records show expenses dating from May 1906.  Evidently, the proposed name was under debate until shortly before the August meeting since a draft of the Articles of Incorporation was submitted to the South Dakota Secretary of State under the name of "Western Mutual Life Insurance Company."  The company was incorporated on August 30, 1906, and commenced business on September 4.

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2018: LIMRA Names Jackie Cockrum a Retirement Rising Star

Jackie Cockrum, Associate Vice President at Sammons Financial Group (SFG), was named one of LIMRA’s Retirement Rising Stars for 2018. This award recognizes financial services professionals under 40 who have implemented innovative ways to accomplish their day-to-day jobs. Jackie works on improving service delivery for SFG’s Annuity Operations and has been with the company for over five years. She also has experience in driving performance in operations and business strategy.
SFG, Midland National’s parent company, emphasizes career development for the younger generation of leaders in financial services, and we celebrate this recognition of Jackie’s work. LIMRA, a research organization for life and health insurance companies, is also committed to highlighting the achievements of upcoming leaders in the financial services sector. Please join us in congratulating Jackie on this award, and learn more about LIMRA and the Retirement Rising Stars program here.
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1981: Midland National Celebrates 75 Years in the Insurance Industry

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