Fixed index annuity review and rates

LibertyMark Freedom 7

With no built-in fee and strong earnings potential driven by a diverse selection of index options, LibertyMark Freedom fixed indexed annuities give clients the freedom to choose their earnings potential—and to upgrade it by buying higher caps and participation rates. The backing of a highly rated carrier, protection of an industry-leading minimum guarantee, and optional 30% death benefit bonus on the full Accumulation Value help to reassure clients. 
Available in states: AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
3.2% Fixed
1-Year S&P 500 PTP Cap
Point to Point
Annual
6.6% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
10.15% Cap
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
38% Participation
1-Year S&P 500 PTP Participation Rate
Point to Point
Annual
55% Participation
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
77% Participation
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
53% Participation
1-Year SG Columbia Adaptive Risk Allocation PTP Participation Rate
Point to Point
Annual
130% Participation
1-Year SG Columbia Adaptive Risk Allocation PTP Participation Rate
Point to Point
Annual
190% Participation
2-Year SG Columbia Adaptive Risk Allocation PTP Participation Rate
Point to Point
Biennial
262% Participation
2-Year SG Columbia Adaptive Risk Allocation PTP Participation Rate
Point to Point
Biennial
180% Participation
1-Year SG Laser PTP Participation Rate
Point to Point
Annual
129% Participation
1-Year SG Laser PTP Participation Rate
Point to Point
Annual
188% Participation
2-Year SG Laser PTP Participation Rate
Point to Point
Biennial
260% Participation
2-Year SG Laser PTP Participation Rate
Point to Point
Biennial
178% Participation

Surrender schedule

Year 1 2 3 4 5 6 7
Penalty 9% 9% 8% 7% 6% 5% 4%

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
1st year: 0%
2nd+ year: 10%
Surrender schedule
7 years
Return of premium
Market value adjustment
Minimum contribution
$10,000
Types of funds
Non-Qualified, IRA, IRA Rollover, TSA 403b, SEP IRA, IRA-Roth, and Inherited IRA