Fixed index annuity review and rates

FutureMark 10

The Optimizer Fee (Administrative Fee) is deducted from the Accumulation Value at the end of each contract year, including the first. The fee percentage, currently 1% is set for the life of the contract. The fee percentage is multiplied by the contract's Accumulation Value at the end of each contract year, and the result is deducted from the Accumulation Value. 
Available in states: AZ, AR, CO, DC, GA, HI, IL, IA, KS, KY, LA, ME, MD, MA, MI, 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
311% Participation
1% Performance triggered
1-Year Fixed Account
Fixed
4.15% Fixed
1-Year S&P 500 PTP Cap
Point to Point
Annual
8.85% Cap
2-Year SG Columbia Adaptive Risk Allocation PTP Participation Rate
Point to Point
Biennial
233% Participation
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
49% Participation
1-Year Morgan Stanley TEBI PTP Participation Rate
Point to Point
Annual
135% Participation
2-Year Morgan Stanley TEBI PTP Participation Rate
Point to Point
Biennial
185% Participation
1-Year SG Columbia Adaptive Risk Allocation PTP Participation Rate
Point to Point
Annual
169% Participation

Surrender schedule

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

Riders

Name Inbuilt Fee
BeneBooster Option 1 (Age 0-75) Yes None
BeneBooster Option 2 (Age 76-85) Yes None
Optimizer Fee Yes 1.00% annually
Americo Legacy Marketing Group
Founded: 1946
A.M. Best: A
S&P: A
Moody's: A3
Carrier details
Free withdrawal
1st year: 0%
2nd+ year: 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