Fixed index annuity review and rates

LibertyMark SE 7 Plus

The LibertyMark SE 7 Plus is a single premium fixed indexed annuity with 8 interest crediting strategies and a 7 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). Included in this annuity is an upfront premium for initial premiums paid and a persistency bonus credited to the full account value at the end of the surrender period. There is a product fee applied to the account value each year. Please see contract for details.
Available in states: AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IA, KS, KY, LA, ME, MD, MA, MI, MN, MT, NE, NH, NJ, NM, NC, ND, OK, OR, RI, SC, SD, TN, TX, UT, VA, WA, 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
229% Participation
3% Performance triggered
1-Year Fixed Account
Fixed
4.25% Fixed
1-Year Gold PTP Participation Rate
Point to Point
Annual
47% Participation
1-Year SG Columbia Adaptive Risk Allocation PTP Participation Rate
Point to Point
Annual
169% Participation
2-Year SG Columbia Adaptive Risk Allocation PTP Participation Rate
Point to Point
Biennial
233% Participation
1-Year Morgan Stanley TEBI PTP Participation Rate
Point to Point
Annual
135% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
9.3% Cap
2-Year Morgan Stanley TEBI PTP Participation Rate
Point to Point
Biennial
185% Participation
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
69% Participation

Surrender schedule

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

Riders

Name Inbuilt Fee
Optimizer Fee 1.5% Yes 1.50% 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