based on complex data

Annuity Educator Rating

Annuity review

Ameritas (Legacy Marketing Group) FlexMark Select LT (FL Only)

The Ameritas FlexMark Select LT is a smart choice for those planning for secure retirements. Enjoy a worry-free income for life, protect your capital, and cherish the benefits of flexible income options.

With a user-friendly design and the peace of mind it offers, this annuity makes retirement a time to look forward to. Choose Ameritas FlexMark Select LT today for a relaxed and fulfilling tomorrow!

Ameritas (Legacy Marketing Group) FlexMark Select LT (FL Only)

Your Email

Compare this annuity with 827 others from 100+ companies

Your State

Investment

Your Gender

Your Age

Retire At

No agent will call you

About Product

Type

Fixed Index

Purpose

Lifetime Income

Term

10 Years

Surrender schedule

Fee withdrawal:

10%

Market Value Adjustment

Yes

Return Of Premium

Minimum Contribution

$25,000

Maximum Contribution

$2,000,000

Max Age Qualified

Types Of Funds

Non-Qualified, 401k, IRA, IRA Rollover, 401a, IRA Transfer, SEP IRA, IRA-Roth, SIMPLE IRA, 457 plan, and TSP

Launch Date

09/15/2017

FlexMark Select annuities are all about flexibility and choice. Clients can tailor their FlexMark Select annuity to fit their need for accumulation and/or retirement income strategies. They can choose a bonus or no-bonus product and upgrade from a no-cost GLWB income rider to a for-cost GLWB rider that offers a stronger “roll-up” rate, lifestyle and level payout options, and an optional income booster. Diverse interest crediting options, with the option to receive higher participation and/or cap rates for a fee, provide additional flexibility.

FlexMark Select gives you the choice of a fee or no-fee version of each index option.

Fee Option—In exchange for paying a fee, you will receive higher caps and/or participation rates than are available on the no-fee option. This translates to the opportunity for greater earnings. Index options with a fee are an excellent choice if you are looking to maximize your growth potential. Fee options are not available in all states.
No-Fee Option—If you’re not interested in paying a fee, a traditional no-fee option, which offers competitive rates, is a solid choice.
Fee and No-Fee Combination—FlexMark Select allows you the flexibility to diversify your money among all available crediting strategies. That means you can split your premium among fee options, no-fee options, and the fixed account—allowing you to customize your accumulation path.

Please note this product is developed and marketed exclusively with Legacy Marketing Group.

Available in states: FL

Allocation Accounts

Name	Type	Rates
1-Year Fixed Account	Fixed	4.2% Fixed
1-Year US Innovative Leaders 5 PTP Participation Rate	Point to Point Annual	150% Participation
1-Year US Innovative Leaders 5 PTP Participation Rate	Point to Point Annual	190% Participation
2-Year US Innovative Leaders 5 PTP Participation Rate	Point to Point Biennial	255% Participation
2-Year US Innovative Leaders 5 PTP Participation Rate	Point to Point Biennial	205% Participation
1-Year BNPP Momentum 5 PTP Participation Rate	Point to Point Annual	160% Participation
1-Year BNPP Momentum 5 PTP Participation Rate	Point to Point Annual	205% Participation
2-Year BNPP Momentum 5 PTP Participation Rate	Point to Point Biennial	210% Participation
2-Year BNPP Momentum 5 PTP Participation Rate	Point to Point Biennial	255% Participation
1-Year Russell 2000 PTP Cap	Point to Point Annual	8.1% Cap
1-Year Russell 2000 PTP Cap	Point to Point Annual	10.45% Cap
1-Year S&P 500 PTP Cap	Point to Point Annual	7.2% Cap
1-Year S&P 500 PTP Cap	Point to Point Annual	9.5% Cap
2-Year S&P 500 PTP Participation Rate	Point to Point Biennial	62% Participation
2-Year S&P 500 PTP Participation Rate	Point to Point Biennial	77% Participation
1-Year Fixed Account	Fixed	4.35% Fixed
1-Year US Innovative Leaders 5 PTP Participation Rate	Point to Point Annual	195% Participation
1-Year US Innovative Leaders 5 PTP Participation Rate	Point to Point Annual	160% Participation
2-Year US Innovative Leaders 5 PTP Participation Rate	Point to Point Biennial	265% Participation
2-Year US Innovative Leaders 5 PTP Participation Rate	Point to Point Biennial	210% Participation
1-Year BNPP Momentum 5 PTP Participation Rate	Point to Point Annual	170% Participation
1-Year BNPP Momentum 5 PTP Participation Rate	Point to Point Annual	210% Participation
2-Year BNPP Momentum 5 PTP Participation Rate	Point to Point Biennial	215% Participation
2-Year BNPP Momentum 5 PTP Participation Rate	Point to Point Biennial	270% Participation
1-Year Russell 2000 PTP Cap	Point to Point Annual	8.25% Cap
1-Year Russell 2000 PTP Cap	Point to Point Annual	10.7% Cap
1-Year S&P 500 PTP Cap	Point to Point Annual	7.55% Cap
1-Year S&P 500 PTP Cap	Point to Point Annual	9.85% Cap
2-Year S&P 500 PTP Participation Rate	Point to Point Biennial	64% Participation
2-Year S&P 500 PTP Participation Rate	Point to Point Biennial	79% 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
Flexmark Basic Income Rider	Yes
Flexmark MyFit Income Rider	No	1.15% annually (2.00% max)
Flexmark MyFit Income Rider with Booster	No	1.25% annually (2.00% max)
Flexmark MyFit Income Rider (Lifestyle Payout)	No	1.15% annually (2.00% max)
Flexmark MyFit Income Rider with Booster (Lifestyle Payout)	No	1.25% annually (2.00% max)

Waivers

Terminal Illness

If, after the policy begins, you become diagnosed with a terminal illness that results in a life expectancy of 12 months or less, surrender charges may be waived on withdrawals.

Annuitization

Surrender-charge free after Year 5.

Confinement

At any time after policy issue, 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 1 year prior to the policy date.

Emergency Access

Extra one-time withdrawal up to 10% without surrender charge or MVA, available after Year 1.

Premium Notes

Premium

$25 000 minimum. Year 1.
$5 000 minimum additional (Year 1 only). Additional premium can be lump sum or scheduled.
$2 000 000 maximum per owner without Home Office approval or commission reduction ($1 000 000 on bonus products for issue ages 75+).

Withdrawal Provisions

Free Withdrawals Each policy year after the first, you may withdraw up to 10% of your beginning-of-year accumulation value without incurring surrender charges or a market value adjustment. You are free to use this liquidity feature to carry out an income plan or to respond to life’s unexpected events. The minimum withdrawal amount is $250.Up to 10% of the beginning-of-policy-year accumulation value each year after the first policy year. 10% one-time emergency withdrawal after the first policy year for qualifying events.*Systematic withdrawals that fall within the 10% free withdrawal threshold or are paid as part of a GLWB rider benefit. Confinement, home health care, and terminal illness waivers for qualifying conditions.* * May vary by state and may not be available in all states

Company Founded: 1887

Excellent Rated Company

Ameritas Life Insurance Corp.

Company Ratings

4.2