Settlement plans offer several kinds of payment, including lump sum, specified number of years, or life-long payment plans. Northwestern Mutual offers two basic types of settlement plans—fixed and variable. Both offer a number of options.

The type of settlement plan you select should be based on your financial circumstances, and your expectation and tolerance of risk and return.

Contributing Money to your Plan
If you find Northwestern Mutual Payment Plans competitive, you may want to maximize the advantage of your payment plan by adding additional funds from other sources to the contract proceeds. That additional money is added as a contribution to an annuity (within certain contract limitations).

This contribution is reduced by any state premium tax that Northwestern Mutual must pay. For additional information about settlement plans or contract limitations, contact your Northwestern Mutual Financial Network Representative or Northwestern Mutual.