Fixed index annuity review and rates

Ameritas (Legacy Marketing Group) FlexMark Select LT

FlexMark Select annuities are all about flexibility and choice. Clients can tailor their FlexMark Select annuity to fit their need for accumulation and/or retirement income strategies. They can choose a bonus or no-bonus product and upgrade from a no-cost GLWB income rider to a for-cost GLWB rider that offers a stronger “roll-up” rate, lifestyle and level payout options, and an optional income booster. Diverse interest crediting options, with the option to receive higher participation and/or cap rates for a fee, provide additional flexibility.

Please note this product is developed and marketed exclusively with Legacy Marketing Group.
Available in states: AK, CA, CT, DE, HI, IN, MA, MN, MO, NV, NH, NJ, NM, OH, OK, OR, PA, SC, TX, UT, and WA

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
3.2% Fixed
1-Year US Innovative Leaders 5 PTP Participation Rate
Point to Point
Annual
130% Participation
1-Year US Innovative Leaders 5 PTP Participation Rate
Point to Point
Annual
175% Participation
2-Year US Innovative Leaders 5 PTP Participation Rate
Point to Point
Biennial
230% Participation
2-Year US Innovative Leaders 5 PTP Participation Rate
Point to Point
Biennial
180% Participation
1-Year BNPP Momentum 5 PTP Participation Rate
Point to Point
Annual
135% Participation
1-Year BNPP Momentum 5 PTP Participation Rate
Point to Point
Annual
180% Participation
2-Year BNPP Momentum 5 PTP Participation Rate
Point to Point
Biennial
180% Participation
2-Year BNPP Momentum 5 PTP Participation Rate
Point to Point
Biennial
225% Participation
1-Year Russell 2000 PTP Cap
Point to Point
Annual
6.1% Cap
1-Year Russell 2000 PTP Cap
Point to Point
Annual
8.2% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
6.75% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
8.6% Cap
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
42% Participation
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
55% Participation
1-Year Fixed Account
Fixed
3.35% Fixed
1-Year US Innovative Leaders 5 PTP Participation Rate
Point to Point
Annual
180% Participation
1-Year US Innovative Leaders 5 PTP Participation Rate
Point to Point
Annual
140% Participation
2-Year US Innovative Leaders 5 PTP Participation Rate
Point to Point
Biennial
240% Participation
2-Year US Innovative Leaders 5 PTP Participation Rate
Point to Point
Biennial
185% Participation
1-Year BNPP Momentum 5 PTP Participation Rate
Point to Point
Annual
145% Participation
1-Year BNPP Momentum 5 PTP Participation Rate
Point to Point
Annual
185% Participation
2-Year BNPP Momentum 5 PTP Participation Rate
Point to Point
Biennial
185% Participation
2-Year BNPP Momentum 5 PTP Participation Rate
Point to Point
Biennial
240% Participation
1-Year Russell 2000 PTP Cap
Point to Point
Annual
6.25% Cap
1-Year Russell 2000 PTP Cap
Point to Point
Annual
8.45% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
7.1% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
8.95% Cap
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
44% Participation
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
57% 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
Flexmark Basic Income Rider Yes None
Flexmark MyFit Income Rider No 1.15% annually (2.00% max)
Flexmark MyFit Income Rider with Booster No 1.25% annually (2.00% max)
Flexmark MyFit Income Rider (Lifestyle Payout) No 1.15% annually (2.00% max)
Flexmark MyFit Income Rider with Booster (Lifestyle Payout) No 1.25% annually (2.00% max)
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, 401a, SEP IRA, IRA-Roth, SIMPLE IRA, 457 plan, and TSP