Ameritas (Legacy Marketing Group) ApexAdvantage
The Ameritas ApexAdvantage annuity product is an excellent tool for securing your financial future. It offers strong returns and stands out for its incredible flexibility, enabling customization to your unique retirement needs.
Backed by the trusted Legacy Marketing Group, this annuity provides assurance to retirees aiming for a comfortable and worry-free retirement. With well-detailed product brochure and public information, you're never left in the dark!


Ameritas (Legacy Marketing Group) ApexAdvantage
About Product
Please note this product is developed and marketed exclusively with Legacy Marketing Group.
Allocation Accounts
Name | Type | Rates |
---|---|---|
1-Year Fixed Account |
Fixed
|
4.1%
Fixed
|
1-Year S&P 500 PTP Participation Rate |
Point to Point
Annual
|
45%
Participation
|
1-Year S&P MARC 5% ER PTP Participation Rate |
Point to Point
Annual
|
150%
Participation
|
2-Year S&P MARC 5% ER PTP Participation Rate |
Point to Point
Biennial
|
205%
Participation
|
1-Year BNPP US Governance Multi Asset PTP Participation Rate |
Point to Point
Annual
|
165%
Participation
|
2-Year BNPP US Governance Multi Asset PTP Participation Rate |
Point to Point
Biennial
|
230%
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 |
---|---|---|
FutureNow Rider Level | No | 1.25% annually (2.50% after 10 years) (2.50% max) |
FutureNow Rider Increasing | No | 1.25% annually (2.50% after 10 years) |
FutureNow Rider Increasing With Booster | No | 1.35% annually (2.50% after 10 years) |
FutureNow Rider Level With Booster | No | 1.35% annually (2.50% after 10 years) |
Waivers
Terminal Illness
If, after the policy begins, you become diagnosed with a terminal illness that results in a life expectancy of one year or less, surrender charges may be waived on withdrawals.
ADL
Unavailable in states: FL
If you need home health care services from a licensed home health care service agency due to impairment in performing at least two of six activities of daily living (bathing, continence, dressing, eating, toileting, and transferring) you may qualify for a waiver of surrender charges. You would be eligible for this waiver after the first policy anniversary, if the conditions are met. You must not have been confined or required home health care services within one year prior to the policy date.
Confinement
If you become confined for at least 30 consecutive days to a qualified institution, surrender charges may be waived on withdrawals. To qualify for the waiver, you must not have been confined within one year prior to the policy date.
Premium Notes
Your annuity’s compound growth potential begins with your purchase amount, known as a premium. You can choose the premium payment that best helps you achieve your financial goals. Your initial premium amount can be as low as $25,000 or as high as $2,000,000. ApexAdvantage is a modified single premium annuity. As such, it allows premium payments to be made only during the first policy year. During the first policy year, if you decide you’d like to contribute more money to your annuity, you may add additional premium payments of at least $5,000, not to exceed $2,000,000 in total premium.
Withdrawal Provisions
Market Value Adjustment A market value adjustment (MVA) is a positive or negative adjustment made to your withdrawal or surrender amount in response to market conditions. When a surrender charge is assessed, an MVA will apply on the amount you access. An MVA does not apply to penalty-free withdrawal amounts or after the surrender charge period ends. The MVA is calculated based on a formula that tracks the interest rate environment since you purchased your annuity. The MVA may increase or decrease the amount of the withdrawal or surrender. The actual MVA amount may vary by state, and an MVA may not be applicable in all states. Ask your insurance professional about any MVA in your state.Penalty-Free Withdrawals Each year after the first policy anniversary, you may withdraw up to 10% of the accumulation value as of the beginning of the policy year without incurring a surrender charge or market value adjustment. You are free to use this liquidity feature to respond to life’s unexpected events or for any reason.
- A.M. Best A
- S&P A+
- Comdex 79