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Best Guaranteed Annuity Rates
2-Year
5.55%
3-Year
6.25%
5-Year
6.50%
7-Year
5.85%
10-Year
5.80%

LibertyMark Freedom 10 LT (Legacy Marketing Group)

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Highlights

With no built-in fee and strong earnings potential driven by a diverse selection of index options, LibertyMark Freedom fixed indexed annuities give clients the freedom to choose their earnings potential—and to upgrade it by buying higher caps and participation rates. The backing of a highly rated carrier, protection of an industry-leading minimum guarantee, and optional 30% death benefit bonus on the full Accumulation Value help to reassure clients.

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, CA, CT, DE, FL, ID, MN, MO, MT, NV, NH, NJ, OH, OK, OR, PA, SC, TX, UT, VA, and WA
Type
Fixed Index
Purpose Accumulation & Legacy
Term
10 Years
Surrender schedule
9.2%9.2%8.2%7.2%6.2%5.2%4.2%3.1%2.1%1%
Free withdrawal
1st year: 0%
2nd+ year: 10%
Market value adjustment
Return of premium
Launch date
05/16/2022
Minimum contribution
$10,000
Maximum contribution
$2,000,000
Max Age Qualified
85
Types of funds
Non-Qualified, IRA, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, IRA-Roth, and Inherited IRA
Brochure
Open brochure

Find out if the LibertyMark Freedom 10 LT (Legacy Marketing Group) is the right product for you.

Premium Notes

Premium 
  • $10,000 minimum, Q and NQ. 
  • $2 million maximum per owner without Home Office approval or commission reduction ($1 million for issue ages 75+). 
  • Additional premium payments not allowed. 
  • $50 minimum interest crediting option allocation. 
Markets 
  • Non-qualified money. 
  • 403(b)/TSA plan/Roth 403(b)—non-contributory only. 
  • Rollover IRA (traditional). 
  • Inherited IRA—spousal only. 
  • SEP IRA. 
  • Roth IRA. 
  • Roth IRA conversion (full). 
  • Spousal Roth IRA—living spouse assumes deceased spouse’s Roth IRA. 
  • Charitable Remainder Trust. 
  • Corporation. 
  • Irrevocable Trust. 
  • Revocable Trust. 
  • Special Needs Trust. 
  • Net Income with Make-up Charitable Remainder Unitrust. 

Withdrawal Provisions

Penalty-Free Withdrawals
Contractually, one penalty-free withdrawal is allowed per year after the first 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 Option on a last-in first-out (LIFO) basis first, and then any additional amounts will be taken from the index options on a LIFO basis. 

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
4.8% Fixed
1-Year S&P 500 PTP Cap
Point to Point
Annual
8.8% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
14.35% Cap
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
106% Participation
2-Year S&P 500 PTP Participation Rate
Point to Point
Biennial
77% Participation
1-Year SG Columbia Adaptive Risk Allocation PTP Participation Rate
Point to Point
Annual
194% Participation
1-Year SG Columbia Adaptive Risk Allocation PTP Participation Rate
Point to Point
Annual
265% Participation
2-Year SG Columbia Adaptive Risk Allocation PTP Participation Rate
Point to Point
Biennial
366% Participation
2-Year SG Columbia Adaptive Risk Allocation PTP Participation Rate
Point to Point
Biennial
269% Participation
1-Year SG Laser PTP Participation Rate
Point to Point
Annual
191% Participation
1-Year SG Laser PTP Participation Rate
Point to Point
Annual
262% Participation
2-Year SG Laser PTP Participation Rate
Point to Point
Biennial
363% Participation
2-Year SG Laser PTP Participation Rate
Point to Point
Biennial
264% Participation
1-Year S&P 500 IQ PTP Participation Rate
Point to Point
Annual
107% Participation
1-Year S&P 500 IQ PTP Participation Rate
Point to Point
Annual
78% Participation
1-Year S&P 500 IQ PTP Cap
Point to Point
Annual
16.2% 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

Name Inbuilt Fee
Heritage Maximizer No 0.30% annually

Waivers

Hospital

Surrender charges are waived if after contract issue any owner is confined to a qualified nursing home or hospital for at least 90 consecutive days.

Nursing Home

Surrender charges are waived if after contract issue any owner is confined to a qualified nursing home or hospital for at least 90 consecutive days.

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