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ClassicMark 10 Plus (Legacy Marketing Group)

The ClassicMark 10 Plus from Legacy Marketing Group is an excellent choice for retirees. It's highly respected for its stability, promising consistent income for life - a fantastic way to keep enjoying your golden years without financial stress.

While the brochure highlights its impressive interest rates and flexible payout options, the peace of mind this annuity can offer is invaluable. Indeed, with ClassicMark 10 Plus, you're investing in a worry-free and prosperous future. Truly, a product to consider.

ClassicMark 10 Plus (Legacy Marketing Group)

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About Product

Type

Fixed Index

Purpose

Accumulation & Legacy

Premium Bonus

Term

10 Years

Surrender schedule

14%

13%

12.5%

11.5%

10.5%

9.5%

8.5%

7.5%

6.5%

5.5%

Fee withdrawal:

10%

Market Value Adjustment

Return Of Premium

Minimum Contribution

$10,000

Maximum Contribution

$2,000,000

Max Age Qualified

Types Of Funds

Non-Qualified, 401k, IRA, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, IRA-Roth, 1035 Exchange, and Inherited IRA

The ClassicMark 10 Plus is a single premium fixed indexed annuity with 8 interest crediting strategies and a 10 surrender schedule. This FIA offers full accumulation value at death and liquidity for nursing home and/or hospitalization confinement (may not be available in all states). Included in this annuity is an upfront premium for initial premiums paid and a persistency bonus credited to the full account value at the end of the surrender period. There is a product fee applied to the account value each year. Please see contract for details.

Please note this product is developed and marketed exclusively with Legacy Marketing Group.
For more information about submitting New Business applications, please contact the Legacy Marketing Group sales desk directly at 800-395-1053, Ext 4002

Available in states: AZ, AR, CO, DC, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, NE, NM, NC, ND, RI, SD, TN, VT, WV, WI, and WY

Allocation Accounts

Name	Type	Rates
5-Year SG Columbia Adaptive Risk Allocation FUSION Participation Rate with Fixed rate on Gain	FUSION 5-Year	116% Participation 5% Performance triggered
1-Year Fixed Account (Most States)	Fixed	3.8% Fixed
1-Year Fixed Account (SD Only)	Fixed	3.8% Fixed
1-Year SG Columbia Adaptive Risk Allocation PTP Participation Rate	Point to Point Annual	153% Participation
1-Year S&P 500 PTP Cap	Point to Point Annual	7.6% Cap
2-Year S&P 500 PTP Participation Rate	Point to Point Biennial	62% Participation
1-Year Gold PTP Participation Rate	Point to Point Annual	46% Participation
2-Year SG Columbia Adaptive Risk Allocation PTP Participation Rate	Point to Point Biennial	211% Participation
2-Year SG Laser PTP Participation Rate	Point to Point Biennial	211% Participation
1-Year SG Laser PTP Participation Rate	Point to Point Annual	153% Participation
1-Year S&P 500 IQ PTP Participation Rate	Point to Point Annual	65% Participation
1-Year S&P 500 IQ PTP Cap	Point to Point Annual	11.55% Cap

Surrender schedule

Year	1	2	3	4	5	6	7	8	9	10
Penalty	14%	13%	13%	12%	11%	10%	9%	8%	7%	6%

Hypothetical Projection

Comparison against S&P 500 using current rates

See if this annuity ranks in your top 3 for Ohio

Investment Amount

Riders

Name	Inbuilt	Fee
Heritage Maximizer	No	0.30% annually

Waivers

Hospital

Unavailable in states: MA

Under ClassicMark’s Waiver of Surrender Charges Upon Nursing Home or Hospital Confinement Endorsement (Endorsement Series 4139), you may withdraw up to 100% of your Accumulation Value without incurring surrender charges if you become confined to a nursing home or hospital. To be eligible, confinement must begin after the contract date and last for at least 90 consecutive days. Your withdrawal request and proof of confinement must be provided no later than 30 days after discharge.

Nursing Home

Unavailable in states: MA

Premium Notes

Premium

$10 000 minimum, Qualified and NQ.
$1 million maximum per owner without Home Office approval or commission reduction.

Note: Americo allows for Inherited IRAs Spousal only.

Withdrawal Provisions

Free Withdrawals Up to 10% of accumulation value annually after 30 days. RMDs accepted Year 1 per company practice. Waiver for nursing home or hospital confinement (Not available in MA), and for annuitization after five years.

Company Founded: 1946

Excellent Rated Company

Americo Financial Life and Annuity

Company Ratings

4.3