You’ll appreciate changes to Legacy’s IncomeMark Select and FlexMark Select FIAs that take effect January 18, 2021. -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Need-to-know information critical to your business.
Income Rider Changes You Will Appreciate
Legacy’s exclusive IncomeMark Select® and FlexMark Select® fixed index annuities from Ameritas Life Insurance Corp. offer remarkable income strategies for your clients. The following changes will take effect January 18, 2021.
IncomeMark Select—We have restructured fixed account rates, index cap and participation rates, and GLWB distribution factors to give your clients much greater performance potential. You’ll see fixed account rates and index cap and participation rates increased, and GLWB distribution factors reduced; however, due to the product’s unique design, these changes will result in better accumulation potential and higher projected income payments. We dare you to compare!
Hypothetical Example*—$100K premium, 60-year-old male with a 10-year deferral, level payout option = $13,090 annual payout.
Starting January 16, run an illustration for yourself!
FlexMark Select—In response to persistent lower interest rates, we have lowered GLWB distribution factors and increased the annual rider charge by 20 bps.** But the good news is our payouts for common income scenarios still put us ahead of many key competitors—call us for details, 800-395-1053, Ext. 4002!
Hypothetical Example—$100K premium, 60-year-old male with a 10-year deferral, level payout option = $10,524 annual payout.
To receive the current version of the FlexMark Select and IncomeMark Select income riders, applications must be signed on or before Sunday, January 17, 2021, and received by Ameritas Life Insurance Corp. by 5 p.m., Central time, Thursday, January 21, 2021, and premium on pending business must be received within 45 days of the application signed date. If premium is received after the 45 days, the annuity contract will be issued with the lower GLWB distribution factors and, for the FlexMark Select MyFit Income Rider or MyFit Income Rider With Booster, higher rider charge rates will apply.††
Submit applications via:
  FireLight® e-app platform: Access through the LegacyNet® Point-of-Sale Materials page.
Regular mail: Ameritas New Business, P.O. Box 305086, Nashville, TN 37230-5086.
Overnight delivery: Ameritas Life Insurance Corp., Attn: New Business, 100 Centerview Drive, Suite 100, Nashville, TN 37214.
Fax: 844-874-5235.
For sales ideas or more information, call 800-395-1053, Ext. 4002, or visit
In approved states, IncomeMark Select Index Annuities (Form 2705 with 2705-B-IMS-SCH or 2705-L-IMS-SCH) and FlexMark Select Index Annuities (Form 2705 with 2705-SCH or 2705-SCH-L) and riders are issued by Ameritas Life Insurance Corp. (Ameritas) located at 5900 O Street, Lincoln, NE 68510. Products are designed in conjunction with Ameritas and exclusively marketed by Legacy Marketing Group®. Ameritas and Legacy Marketing Group are separate, independent entities. IncomeMark Select and FlexMark Select Index Annuities are single premium deferred annuities that offer a fixed interest option and index interest options. The index options are not securities. Keep in mind, your clients are not participating in the market or investing in any stock or bond. Policies, index strategies, and riders may vary and may not be available in all states. Optional features and riders may have limitations, restrictions, and additional charges. Product guarantees are based on the claims-paying ability of Ameritas Life Insurance Corp. Refer to brochures for additional details. FlexMark Select, IncomeMark Select, and MyFit Income Rider are registered service marks, and MyGrowth Income Rider is a service mark, of Legacy Marketing Group.
Withdrawals may be subject to income tax. If withdrawals are made before age 59½, they also may be subject to an IRS penalty tax. Ameritas, Legacy Marketing Group, and their authorized representatives do not give legal or tax advice. It is recommended that tax advisers be consulted.
Hypothetical examples are not reflective of actual annuity performance. Past performance, whether actual or hypothetical, does not guarantee future results.
* Hypothetical example assumes 60-year-old male, $100,000 starting value, 5.76% annual growth, no withdrawals, no step-up, a current 2% compound Premium Accumulation Rate for 10 years, a current 250% interest credit multiplier for 10 years, Single Life option, Level Payout Option, and 0.95% annual rider charge.
** As of January 18, 2021, the current annual charge will be 1.15% for the MyFit Income Rider and 1.25% for the MyFit Income Rider With Booster (not available in all states).
Hypothetical example assumes 60-year-old male, $100,000 starting value, no withdrawals, no step-up, and current 7% compound Premium Accumulation Rate, Single Life option, Level Payout Option, and 1.15% annual rider charge.
†† GLWB riders may not be available with certain tax-qualified plan types. The booster benefit is not available in all states.