JourneyMark 10 with Cascade Rider (Legacy Marketing Group)
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The JourneyMark with Cascade Rider offers accumulation potential from a diverse selection of interest crediting options, protection from market risk, and 10% free access to the account value when you need it.
Guaranteed Minimum Accumulation Value (“GMAV”)
If your Account Value (plus interest calculated using the current “high water mark” of any applicable Indexed Interest Option) is less than the GMAV at the end of the Index Year immediately following the end of your Withdrawal Charge Period, we will increase your Account Value (including “high water mark” interest) to be equal to the GMAV. The GMAV is the premium, plus premium bonus, less withdrawals, including any withdrawal charges and MVA, less any rider charges, multiplied by an enhancement percentage of 110%.
Please note this product is developed and marketed exclusively with Legacy Marketing Group.
Guaranteed Minimum Accumulation Value (“GMAV”)
If your Account Value (plus interest calculated using the current “high water mark” of any applicable Indexed Interest Option) is less than the GMAV at the end of the Index Year immediately following the end of your Withdrawal Charge Period, we will increase your Account Value (including “high water mark” interest) to be equal to the GMAV. The GMAV is the premium, plus premium bonus, less withdrawals, including any withdrawal charges and MVA, less any rider charges, multiplied by an enhancement percentage of 110%.
Please note this product is developed and marketed exclusively with Legacy Marketing Group.
Available in states:
AL, AK, AZ, AR, CA, 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 |
---|---|---|
5-Year Citi Flexi-Beta 5 ER High Water Mark Participation Rate |
High Water Mark
5-Year
|
195%
Participation
|
1-Year Fixed Account |
Fixed
|
3.8%
Fixed
|
1-Year Citi Flexi-Beta 5 ER PTP Participation Rate |
Point to Point
Annual
|
152%
Participation
|
2-Year Citi Flexi-Beta 5 ER PTP Participation Rate |
Point to Point
Biennial
|
217%
Participation
|
1-Year Goldman Sachs Pathfinder PTP Participation Rate |
Point to Point
Annual
|
71%
Participation
|
2-Year Goldman Sachs Pathfinder PTP Participation Rate |
Point to Point
Biennial
|
116%
Participation
|
1-Year S&P 500 PTP Participation Rate |
Point to Point
Annual
|
41%
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 |
---|---|---|
JourneyMark 10 Cascade Rider | Yes | 1.00% annually (0.00% after 10 years) |