Fixed index annuity review and rates

Ameritas (Legacy Marketing Group) ApexAdvantage

ApexAdvantage is a 10-year modified single premium deferred fixed index annuity. ApexAdvantage is designed to help generate the income you need to accelerate your retirement. While income you can’t outlive is vital, it’s equally important to grow your money. ApexAdvantage offers strong growth potential and valuable guarantees to help protect your funds from market downturns.

Please note this product is developed and marketed exclusively with Legacy Marketing Group.
Available in states: AL, AK, AZ, AR, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, 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 Participation Rate
Point to Point
Annual
32% Participation
1-Year S&P MARC 5% ER PTP Participation Rate
Point to Point
Annual
130% Participation
2-Year S&P MARC 5% ER PTP Participation Rate
Point to Point
Biennial
180% Participation
1-Year BNPP US Governance Multi Asset PTP Participation Rate
Point to Point
Annual
140% Participation
2-Year BNPP US Governance Multi Asset PTP Participation Rate
Point to Point
Biennial
195% Participation

Surrender schedule

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

Riders

Name Inbuilt Fee
FutureNow Rider Level No 1.25% annually (2.50% after 10 years) (2.50% max)
FutureNow Rider Increasing No 1.25% annually (2.50% after 10 years)
FutureNow Rider Increasing With Booster No 1.35% annually (2.50% after 10 years)
FutureNow Rider Level With Booster No 1.35% annually (2.50% after 10 years)
Ameritas Life Insurance Corp.
Founded: 1887
A.M. Best: A
S&P: A
Carrier details
Free withdrawal
1st year: 0%
2nd+ year: 10%
Surrender schedule
10 years
Return of premium
Market value adjustment
Minimum contribution
$25,000
Types of funds
Non-Qualified, 401k, IRA Rollover, 401a, SEP IRA, IRA-Roth, SIMPLE IRA, 457 plan, Inherited IRA, and NQ Stretch