Fixed index annuity review and rates

ClassicMark 10

The ClassicMark 10 is a single premium fixed indexed annuity with 8 interest crediting strategies and a 10 surrender schedule. This FIA offers full accumulation value at death and liquidity for nursing home and/or hospitalization confinement (may not be available in all states). There is a product fee applied to the account value each year. Please see the contract for details.
Available in states: AZ, AR, CO, DC, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MO, MT, NE, NM, NC, ND, RI, SD, TN, VA, WV, WI, and WY

Allocation Accounts

Name Type Rates
5-Year SG Columbia Adaptive Risk Allocation FUSION Participation Rate with Fixed rate on Gain
FUSION
5-Year
248% Participation
1% Performance triggered
1-Year Fixed Account
Fixed
3.4% Fixed
1-Year Gold PTP Participation Rate
Point to Point
Annual
38% Participation
2-Year SG Columbia Adaptive Risk Allocation PTP Participation Rate
Point to Point
Biennial
191% Participation
1-Year SG Columbia Adaptive Risk Allocation PTP Participation Rate
Point to Point
Annual
138% Participation
1-Year Morgan Stanley TEBI PTP Participation Rate
Point to Point
Annual
110% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
7.2% Cap
2-Year Morgan Stanley TEBI PTP Participation Rate
Point to Point
Biennial
151% Participation
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
56% Participation

Surrender schedule

Year 1 2 3 4 5 6 7 8 9 10
Penalty 13% 12% 11% 11% 10% 9% 8% 7% 6% 5%

Riders

Name Inbuilt Fee
Heritage Maximizer No 0.30% annually
Americo Legacy Marketing Group
Founded: 1946
A.M. Best: A
S&P: A
Moody's: A3
Carrier details
Free withdrawal
10%
Surrender schedule
10 years
Return of premium
Market value adjustment
Minimum contribution
$10,000
Types of funds
Non-Qualified, 401k, IRA, IRA Rollover, TSA 403b, SEP IRA, IRA-Roth, 1035 Exchange, and Inherited IRA