September 18, 2023
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12% Payout Factor Increases = Even More Competitive MyFit Income Rider®
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Payout factors are increasing by 12% across the board on the FlexMark Select® MyFit Income Rider and MyFit Income Rider With Booster,* effective with contracts issued on and after Monday, September 18, 2023! Payout factors on the no-cost Basic GLWB are not changing. |
With this change—which comes with no increase to rider charges or changes to current product features—FlexMark Select offers some of the industry’s most competitive guaranteed income payouts. |
MyFit Income Rider Hypothetical Examples: assuming $100K premium, 60-year-old male, level payout option:**
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7-year deferral = $11,658 annual payout. |
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10-year deferral = $15,088 annual payout.
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Run an illustration and see for yourself! |
Income is just part of the FlexMark Select story, which also includes:
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A true income doubler for joint spousal payouts. |
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Fast New Business processing—Cash with apps in good order are being issued within 2-3 business days!
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Backing of “A” rated† Ameritas Life Insurance Corp.
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Competitive commissions.
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Submit applications via the FireLight® e-app platform, accessible through the LegacyNet® Point-of-Sale Materials page.
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For more information, please call the Legacy Marketing Group® Sales Team at 800-395-1053, Ext. 4002.
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In approved states, 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. 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 and MyFit Income Rider are registered service marks of Legacy Marketing Group. Ameritas® is a registered service mark of Ameritas Life Insurance Corp.
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Available for a current annual charge of 1.15% for the MyFit Income Rider and 1.25% for the MyFit Income Rider With Booster (not available in CA). Income rider not available with certain tax-qualified plan types.
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Hypothetical examples 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.
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A (Excellent) for insurer financial strength. This is the third highest of AM Best’s 13 ratings. Rating as of 4/22/2022. Ameritas Mutual Holding Company’s ratings include Ameritas Life Insurance Corp. and Ameritas Life Insurance Corp. of New York.
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