Fixed index annuity review and rates

Ameritas (Legacy Marketing Group) IncomeMark Select

IncomeMark Select is a 10-year single premium deferred fixed index annuities. IncomeMark Select can help you grow, nurture, and harvest your retirement funds so you can enjoy the retirement process. Designed to provide highly competitive income potential driven by strong accumulation options, IncomeMark Select can help set you up for financial stability.

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, 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
4.15% Fixed
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
55% Participation
1-Year Russell 2000 PTP Cap
Point to Point
Annual
7.85% Cap
2-Year BNPP Momentum 5 PTP Participation Rate
Point to Point
Biennial
235% Participation
2-Year US Innovative Leaders 5 PTP Participation Rate
Point to Point
Biennial
230% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
8% Cap
1-Year BNPP Momentum 5 PTP Participation Rate
Point to Point
Annual
175% 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
MyGrowth Income Rider Level Yes 0.95% annually (2.50% max)
MyGrowth Income Rider Increasing Yes 0.95% annually (2.50% max)
MyGrowth Income Rider With Booster Level Yes 1.05% annually
MyGrowth Income Rider With Booster Increasing Yes 1.05% annually (2.50% 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, IRA, IRA Rollover, SEP IRA, IRA-Roth, SIMPLE IRA, 1035 Exchange, and TSP