Growth Commander 10 (Legacy Marketing Group)
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Highlights
Growth Commander is a single premium, deferred, fixed indexed annuity wealth accumulation vehicle that puts you in charge of your retirement. Protecting and growing money for retirement doesn’t have to be difficult. You can fund Growth Commander with a single lump-sum premium payment.
Participation rate guarantee — Rates won’t drop during the surrender period, eliminating the awkward renewal rate conversation (applies to Société Générale and Morgan Stanley 1- and 2-year index options).
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
Participation rate guarantee — Rates won’t drop during the surrender period, eliminating the awkward renewal rate conversation (applies to Société Générale and Morgan Stanley 1- and 2-year index options).
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:
AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, 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
|
Type
|
Fixed Index
|
|---|---|
|
Term
|
10 Years |
|
Surrender schedule
|
9%8.7%7.8%6.8%5.9%4.9%3.9%3%2%1% |
|
Free withdrawal
|
10% |
|
Market value adjustment
|
|
|
Return of premium
|
|
|
Minimum contribution
|
$10,000 |
|
Types of funds
|
Non-Qualified, IRA, Spousal IRA, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, IRA-Roth, and Inherited IRA |
Brochure
|
Open brochure |
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 1-Year Fixed Account |
Fixed
|
4%
Fixed
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
7.8%
Cap
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
11.85%
Cap
|
| 1-Year SG Global Balanced PTP Participation Rate Guaranteed for Term |
Point to Point
Annual
|
158%
Participation
|
| 1-Year SG Global Balanced PTP Participation Rate Guaranteed for Term |
Point to Point
Annual
|
216%
Participation
|
| 2-Year SG Global Balanced PTP Participation Rate Guaranteed for Term |
Point to Point
Biennial
|
214%
Participation
|
| 2-Year SG Global Balanced PTP Participation Rate Guaranteed for Term |
Point to Point
Biennial
|
292%
Participation
|
| 1-Year Morgan Stanley Enhanced Allocation PTP Participation Rate Guaranteed for Term |
Point to Point
Annual
|
146%
Participation
|
| 1-Year Morgan Stanley Enhanced Allocation PTP Participation Rate Guaranteed for Term |
Point to Point
Annual
|
200%
Participation
|
| 2-Year Morgan Stanley Enhanced Allocation PTP Participation Rate Guaranteed for Term |
Point to Point
Biennial
|
227%
Participation
|
| 2-Year Morgan Stanley Enhanced Allocation PTP Participation Rate Guaranteed for Term |
Point to Point
Biennial
|
310%
Participation
|
| 1-Year S&P 500 IQ PTP Participation Rates |
Point to Point
Annual
|
95%
Participation
|
| 1-Year S&P 500 IQ PTP Participation Rates |
Point to Point
Annual
|
69%
Participation
|
| 1-Year S&P 500 IQ PTP Cap |
Point to Point
Annual
|
12.85%
Cap
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Penalty | 9% | 9% | 8% | 7% | 6% | 5% | 4% | 3% | 2% | 1% |