Growth Commander 10 (Legacy Marketing Group): Rates & Review

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

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
Purpose	Accumulation
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
Launch date	02/15/2022
Minimum contribution	$10,000
Maximum contribution	$2,000,000
Max Age Qualified	85
Types of funds	Non-Qualified, IRA, Spousal IRA, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, IRA-Roth, and Inherited IRA
Brochure	Open brochure

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Premium Notes

The minimum premium amount is $10,000 and the maximum premium amount is $2,000,000 ($1 million for issue ages 75+). With a choice of interest crediting options that allow you to select the growth opportunities that make sense for you, Growth Commander gives you control.

Markets
Accepts Q and NQ money; traditional, Roth, Inherited (spousal), and SEP IRAs; and non-contributory 403(b)/TSA plans.

Withdrawal Provisions

Penalty-Free Withdrawals
Contractually, one penalty-free withdrawal is allowed per year equal to 10% of the Accumulation Value as of the most recent contract anniversary. The minimum withdrawal amount is $500, with a minimum remaining surrender value of $2,000. Withdrawals will be taken from the Declared Interest Account on a last-in first-out (LIFO) basis first, and then any additional amounts will be taken from the indexed options on a LIFO basis.
By current company practice, multiple penalty-free withdrawals are allowed annually, provided the total does not exceed 10% of the Accumulation Value as of the most recent contract anniversary. Subsequent withdrawals after the first are based on the Accumulation Value at the time of the withdrawal. Also by current company practice, interest-only withdrawals may be taken from the Declared Interest Account in Year 1 after 30 days, subject to the annual 10% penalty-free withdrawal provision.

Allocation Accounts

Name	Type	Rates
1-Year Fixed Account	Fixed	4.25% Fixed
1-Year S&P 500 PTP Cap	Point to Point Annual	8.1% Cap
1-Year S&P 500 PTP Cap	Point to Point Annual	12.2% Cap
1-Year SG Global Balanced PTP Participation Rate Guaranteed for Term	Point to Point Annual	167% Participation
1-Year SG Global Balanced PTP Participation Rate Guaranteed for Term	Point to Point Annual	225% Participation
2-Year SG Global Balanced PTP Participation Rate Guaranteed for Term	Point to Point Biennial	224% Participation
2-Year SG Global Balanced PTP Participation Rate Guaranteed for Term	Point to Point Biennial	302% Participation
1-Year Morgan Stanley Enhanced Allocation PTP Participation Rate Guaranteed for Term	Point to Point Annual	153% Participation
1-Year Morgan Stanley Enhanced Allocation PTP Participation Rate Guaranteed for Term	Point to Point Annual	207% Participation
2-Year Morgan Stanley Enhanced Allocation PTP Participation Rate Guaranteed for Term	Point to Point Biennial	236% Participation
2-Year Morgan Stanley Enhanced Allocation PTP Participation Rate Guaranteed for Term	Point to Point Biennial	320% Participation
1-Year S&P 500 IQ PTP Participation Rates	Point to Point Annual	96% Participation
1-Year S&P 500 IQ PTP Participation Rates	Point to Point Annual	71% Participation
1-Year S&P 500 IQ PTP Cap	Point to Point Annual	13.45% 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%

Riders

No Riders for Growth Commander 10 (Legacy Marketing Group) annuity.

Waivers

Hospital

Unavailable in states: MA

In most states, if after the contract date you become confined to a hospital for at least 90 consecutive days, you may withdraw 100% of your Accumulation Value without incurring surrender charges. This is made available under the Waiver of Surrender Charges Upon Hospital Confinement Endorsement. Your withdrawal request and proof of confinement must be provided no later than 30 days after discharge.

Nursing Home

Unavailable in states: MA

In most states, if after the contract date you become confined to a nursing home for at least 90 consecutive days, you may withdraw 100% of your Accumulation Value without incurring surrender charges. This is made available under the Waiver of Surrender Charges Upon Nursing Home Confinement Endorsement. Your withdrawal request and proof of confinement must be provided no later than 30 days after discharge.

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