Fixed index annuity review and rates

Ultimate One Index 9

Ultimate One Index 9, offered by Americo Financial Life and Annuity Insurance Company, is an indexed single premium deferred annuity based on the performance of the S&P 500 Index. 
Available in states: AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, WA, WV, WI, and WY

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
3.3% Fixed
1-Year S&P 500 PTP Monthly Average Cap
Point to Point
Annual
Monthly average
8.5% Cap
1-Year S&P 500 PTP Monthly Average Participation Rate
Point to Point
Annual
Monthly average
64% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
6.7% Cap
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
39% Participation

Surrender schedule

Year 1 2 3 4 5 6 7 8 9
Penalty 11% 11% 10% 10% 9% 8% 7% 6% 5%
Americo Financial Life and Annuity
Founded: 1946
A.M. Best: A
S&P: A
Moody's: A3
Carrier details
Free withdrawal
1st year: 0%
2nd+ year: 10%
Surrender schedule
9 years
Return of premium
Market value adjustment
Minimum contribution
$10,000
Types of funds
Non-Qualified, IRA, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, KEOGH, IRA-Roth, 1035 Exchange, and Inherited IRA