Fixed index annuity review and rates

Ameritas (Legacy Marketing Group) FlexMark Select Plus

FlexMark Select Plus 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. The 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: AL, AZ, AR, CO, DC, FL, GA, IL, IA, KS, KY, LA, ME, MD, MI, MS, MT, NE, NC, ND, RI, SD, TN, VT, VA, WV, WI, and WY

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
3.85% Fixed
1-Year BNPP Momentum 5 PTP Participation Rate
Point to Point
Annual
165% Participation
1-Year BNPP Momentum 5 PTP Participation Rate
Point to Point
Annual
210% Participation
2-Year BNPP Momentum 5 PTP Participation Rate
Point to Point
Biennial
220% Participation
2-Year BNPP Momentum 5 PTP Participation Rate
Point to Point
Biennial
265% Participation
1-Year Russell 2000 PTP Cap
Point to Point
Annual
7.9% Cap
1-Year Russell 2000 PTP Cap
Point to Point
Annual
10.1% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
8.3% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
10.1% Cap
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
45% Participation
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
57% Participation
1-Year US Innovative Leaders 5 PTP Participation Rate
Point to Point
Annual
155% Participation
1-Year US Innovative Leaders 5 PTP Participation Rate
Point to Point
Annual
200% Participation
2-Year US Innovative Leaders 5 PTP Participation Rate
Point to Point
Biennial
215% Participation
2-Year US Innovative Leaders 5 PTP Participation Rate
Point to Point
Biennial
265% Participation
1-Year Fixed Account
Fixed
4% Fixed
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
59% Participation
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
47% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
10.45% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
8.6% Cap
1-Year Russell 2000 PTP Cap
Point to Point
Annual
10.35% Cap
1-Year Russell 2000 PTP Cap
Point to Point
Annual
8.05% Cap
2-Year BNPP Momentum 5 PTP Participation Rate
Point to Point
Biennial
280% Participation
2-Year BNPP Momentum 5 PTP Participation Rate
Point to Point
Biennial
225% Participation
1-Year BNPP Momentum 5 PTP Participation Rate
Point to Point
Annual
215% Participation
1-Year BNPP Momentum 5 PTP Participation Rate
Point to Point
Annual
175% Participation
2-Year US Innovative Leaders 5 PTP Participation Rate
Point to Point
Biennial
275% Participation
2-Year US Innovative Leaders 5 PTP Participation Rate
Point to Point
Biennial
220% Participation
1-Year US Innovative Leaders 5 PTP Participation Rate
Point to Point
Annual
205% Participation
1-Year US Innovative Leaders 5 PTP Participation Rate
Point to Point
Annual
165% Participation

Surrender schedule

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

Riders

Name Inbuilt Fee
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)
Flexmark Select Plus Basic Income Rider Yes None
Ameritas Life Insurance Corp.
Founded: 1887
A.M. Best: A
S&P: A
Carrier details
Free withdrawal
1st year: 0%
2nd+ year: 10%
Premium bonus
6%
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