FlexMark Select SM Series Annuity Quick Reference

Transcription

1 FlexMark Select SM Series Annuity Quick Reference Carrier Features Income Riders** Bonus Crediting Options Liquidity 3/1/2019 Available Ameritas Life Corp., Lincoln, NE Ratings: A.M. Best A (Excellent) for insurance financial strength and operating performance. Third highest of 13 Rating as of 3/23/2018. Standard & Poor s A+ (Strong) for financial strength. Fifth highest of 21 Rating as of 3/16/2018. Ameritas Mutual Holding Company s ratings include Ameritas Life Corp. and Ameritas Life Corp. of New York. FlexMark Select SM Series 10-year single premium deferred fixed index annuities* Prem. Bonus Select NA Plus 6% LT NA LT Plus 4% LT Plus in CA, IN, MO 2% 0 85 (Q and NQ) $25K minimum Year 1. $5K minimum additional (Year 1 only). $1M maximum without Home Office approval. Sweep (Allocation) Dates 5 th, 15 th, and 25 th of each month. Applications, requirements, and premium must be received in good order one business day prior to the sweep date. No-cost income rider ( lifetime withdrawal benefit rider).** Optional upgraded income rider with level or lifestyle payout.** Optional Income Booster for declining health.* Vesting premium bonus on Plus products.* Rate banding offers upgraded rates for larger Accumulation Value (AV). Strong accumulation options with choice to buy up the rates on fee strategies. Proprietary index allows for broad diversification and limited volatility. Extra one-time 10% emergency withdrawal after Year 1.* Surrender Value (MGSV) is 87.50% of premium (90% in NJ) less withdrawals at minimum interest rate of 1%. Death benefit is greater of AV plus any bonus account or MGSV. Choice of three lifetime withdrawal benefit (GLWB) riders at contract issue: Basic GLWB Income Rider Automatically included at no cost! 3% Accumulation Rate (PAR) compounded for up to 10 years. Payouts can start after Year 5 and age 50. No restart. MyFit Income Rider SM 7% PAR compounded for up to 10 years. Optional 10-year restart. Choice of level or lifestyle payout option when payouts begin. Lifestyle Payout: enhanced payouts followed by lower, secondary payouts for life. The enhanced benefit period based on age when payouts begin: o 50 65: 7 years. o 66 70: 5 years. o 71+: NA. Payouts can start after Year 1 and age % annual charge. MyFit Income Rider SM With Booster* Same as MyFit Income Rider SM, plus double payouts for impairment in 2 of 6 ADLs. 1.05% annual charge. Vesting Bonus* 6% 4% 2% (CA, IN, and MO) 10-Year Vesting Schedule* (% vested at end of year) 0, 5, 10, 15, 20, 30, 45, 60, 75, 90, 100% 0, 5, 15, 25, 35, 45, 55, 65, 80, 90, 100% Vested and non-vested values are included in the death benefit. AV: Standard Band $0 $199,999 Upgraded Band $200,000+ S&P Year PTP w/ Cap: Select: 6.70% 4.45% 6.95% 4.70% Plus: 5.95% 3.70% 6.20% 3.95% LT: 6.20% 3.95% 6.45% 4.45% 5.70% 3.70% 5.95% 3.95% Russell Year PTP w/ Cap: Select: 6.60% 4.45% 6.85% 4.70% Plus: 5.85% 3.70% 6.10% 3.95% LT: 6.10% 3.95% 6.35% 4.20% 5.60% 3.45% 5.85% 3.95% BNPP Momentum 5 1-Year PTP w/ Par. Rate: Select: 130% 90% 135% 100% Plus: 120% 80% 125% 85% LT: 125% 85% 130% 90% 115% 75% 125% 85% BNPP Momentum 5 2-Year PTP w/ Par. Rate: 2% Fee No Fee 2% Fee No Fee Select: 160% 110% 170% 120% Plus: 145% 95% 155% 105% LT: 155% 105% 160% 110% 145% 95% 150% 100% S&P Year PTP w/ Par. Rate: 2% Fee No Fee 2% Fee No Fee Select: 65% 45% 70% 50% Plus: 55% 40% 60% 45% LT: 60% 40% 65% 45% 55% 40% 60% 45% 1-Year Fixed Select: 2.40% 2.55% Plus: 2.05% 2.20% LT: 2.20% 2.35% 2.00% 2.15% effective 3/1/2019, and subject to change. Years 2 10% of vested account value annually or required minimum distribution (RMD) associated with the policy. Additional Emergency Access* Extra one-time withdrawal up to 10% without surrender charge or MVA, available after Year 1. Surrender Schedule (+/- MVA)* Select and 10, 10, 10, 9, 9, 8, 7, 6, 4, 2, 0% LT and 9, 9, 8, 7, 6, 5, 4, 3, 2, 1, 0% LT and LT Plus (CA, IN, and MO): 8, 7.75, 6.75, 5.75, 4.70, 3.65, 2.60, 1.50, 0.60, 0% Waiver of Surrender Charge Riders* Included at no additional cost:. Terminal Illness. Home Health Care. Select and LT: 7.00% (0 75) 6.00% (76 85) Select Plus and 6.00% (0 75) 5.00% (76 85) Chargebacks: 100% chargeback Year 1 for death, surrender, and withdrawals (including RMDs). See Compensation Schedule for details. Select and AL, AR, AZ, CO, DC, FL 1,2 (0 64), GA, IA, ID, IL, KS, KY, LA, MD, ME, MI, MS, MT, NC, ND, NE, RI, SD, TN, VA, VT, WI, LT and AK, CA 1,2,3,4,5,6,7, CT, DE, FL 1,2 (65+), HI, IN 3, MA 2, 5, MN 8, MO 3, NH 9, NJ 9, NM, NV, OH, OK, PA 8, SC, TX, UT 8, WA 8 1. No Income Booster. 2. No Home Health Care Waiver. 3. 2% bonus and 9-year surrender schedule apply. 4. No MVA. 5. No Waiver. 6. No Terminal Illness Waiver. 7. No extra 10% emergency w/d. 8. Fee interest crediting options 9. No 2-Year strategies. In approved states, FlexMark Select SM Index Annuities (Form 2705) and riders are issued by Ameritas Life Corp. (Ameritas), located at 5900 O Street, Lincoln, NE s are distributed by Legacy Marketing Group. Ameritas and Legacy Marketing Group are separate, independent entities. FlexMark Select SM 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. guarantees are based on the claims-paying ability of Ameritas Life Corp. Refer to brochures for additional details. 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. FlexMark Select SM and MyFit Income Rider SM are service marks of Legacy Marketing Group. Unless otherwise specified, any entity referenced herein is not an affiliate of Ameritas or any of its affiliates. Standard & Poor s 500 TM Index is comprised of 500 stocks representing major U.S. industrial sectors. S&P 500 and Standard & Poor s 500 TM are trademarks of Standard & Poor s and have been licensed for use by Ameritas Life Corp. The product is not sponsored, endorsed, sold or promoted by Standard & Poor s and Standard & Poor s does not make any representation regarding the advisability of investing in the product. The Russell 2000 Index is a trademark of the Russell Investment Group ( Russell ) and has been licensed for use by Ameritas Life Corp. FlexMark Select SM Index Annuity is not sponsored, endorsed, sold or promoted by Russell and Russell makes no representation regarding the advisability of purchasing the product. Russell Investment Group is the source and owner of the trademarks, service marks and copyrights related to the Russell Indexes. Russell is a trademark of Russell Investment Group. This product is not sponsored, endorsed, sold or promoted by BNP Paribas or any of its affiliates (collectively, BNP Paribas ). Neither BNP Paribas nor any other party (including without limitation any calculation agents or data providers) makes any representation or warranty, express or implied, regarding the advisability of purchasing this product. BNP Paribas Momentum Multi-Asset 5 Index (the Index ) is the exclusive property of BNP Paribas. BNP Paribas and the Index are service marks of BNP Paribas and will be licensed for use for certain purposes by Ameritas Life Corp. BNP Paribas shall not have any liability with respect to the product. Neither BNP Paribas nor any other party has or will have any obligation or liability to owners of this product in connection with the administration or marketing of this product, and neither BNP Paribas nor any other party guarantees the accuracy and/or the completeness of the Index or any data included therein. * May vary by state and may not be available in all states. Check current State Approval Matrix. Policies not available in NY and OR. ** GLWB income riders are not available with all tax-qualified plan types. AL1001v0319 Fee and multi-year options are not available in all states. 1% fee is deducted at the beginning of each 1-year index period; 2% fee is deducted at the beginning of each 2-year index period. Also known as the BNP Paribas Momentum Multi-Asset 5 Index. FOR AGENT USE ONLY. NOT FOR USE WITH CONSUMERS.

2 Carrier Features ClassicMark SM Series Annuity Quick Reference / Surrender ** Min. Americo Life and Annuity Kansas City, MO (Excellent) for financial strength. 3rd highest of 15 ClassicMark SM Series single premium Upfront Bonus 10 NA 10 LT NA 10 Plus 4% 10 LT Plus 3% that provides a death benefit of 130% of the entire AV. Available on all product versions.* Current charge is 0.30%, deducted at the end of each contract year. Benefits are available three years after the rider effective date. (Q, NQ) 10, 10 LT (most states) , 10 LT (WA) Plus, 10 LT Plus $1 million maximum per owner without Home Office approval. Optional upfront premium bonus vests 100% day one to jump-start earnings. First-year liquidity, penalty-free. Diverse choice of indexed strategies covering multiple markets: o Five participation rate strategies with no cap. o Three cap strategies with 100% participation. No market value adjustment (MVA). Waiver of Surrender Charges Upon Nursing Home or Hospital Endorsement (Series 4139).*, ** 1% 3% on 100% of premium less prior gross withdrawals, less surrender charges upon contract termination. traditional, Roth, Inherited, and SEP IRAs; and non-contributory Death Benefit greater of 100% of AV (130% with Heritage Maximizer SM ), GMV, or Return of less prior gross withdrawals at death. Up to 10% of AV annually after 30 days. The minimum withdrawal amount is $500, with a minimum remaining surrender value of $2,000. Surrender Schedules 0 85 (0 84 in IN): 13, 12, 11, 10.50, 10, 9, 8, 7, 6, 5, 0% (85 90 in IN): 8, 7, 6, 5, 3, 0%. 0 85: 10.20, 9.20, 8.20, 7.20, 86 90: 8, 7, 6, 5, 3, 0%. 14, 13, 12.50, 11.50, 10 13, 9.20, 8.20, 7.20, Check Sales Guide for CA, CT, FL, PA, and WA variations. 10, 4.50% 10 Plus, % 10, 1.90% 10 Plus, % 10, 7.00% 10 Plus, % 10, 75% 10 Plus, 10 60% 1-Yr Morgan Stanley TEBI PTP w/ Par.* 10, 75% 10 Plus, 10 60% 2-Yr Morgan Stanley TEBI PTP w/ Par.* 10, 105% 10 Plus, 10 80% 2-Yr S&P 500 PTP w/ Par.* 10, 45% 10 Plus, 10 35% 2-Yr S&P 500 Risk Control PTP w/ Par.* 10, 65% 10 Plus, 10 50% Declared Account 10, 2.40% 10 Plus, % effective, and subject to change. Value: 1% 3% on 100% of premium, less surrender charges. Current Rate: 1.60%, effective on contracts issued in cap is 1% (0.10% for monthly cap). Participation Rate Strategies: participation rate is 5% (10% in NJ). Declared annual interest rate is 1%. 10 (most states): 6.00% ( 0 80) 5.00% ( 81 85) 2.00% ( 86 90) 10 in Indiana only 6.00% ( 0 80) 5.00% ( 81 84) 2.00% ( 85 90) 6.00% ( 0 80) 3.75% ( 81 85) 2.00% ( 86 90) 10 Plus, % ( 0 80) s are based on the date the premium is received in Americo s Administrative Office. Schedule for details. 10 and HI, IA, ID, IL, IN 1, KS, KY, LA, MA 2, MD, ME, MI, MO, MT, NC, ND, NE, NM, RI, SD, TN, VA, WI, 10 LT and 10 AK, CA, CT, DE, FL, NH 3, NJ 3, NV, OH, OK, PA 4, SC, TX, UT, WA 5 : Available in all approved states except MO, NJ, OH, PA, UT, WA 1. In Indiana, the oldest issue age break for surrender charges and commissions is Waiver of Surrender Charges Upon Nursing Home or Hospital 3. Multi-year strategies 4. Morgan Stanley 5. Issue ages are 0 85 on ClassicMark SM 10 and 10 LT. ClassicMark SM enhanced death benefit rider (Rider Series 2181). ClassicMark SM 10, 10 LT (Contract Series 411/411LG10/411LG86+/4190/4204); ClassicMark SM 10 Plus, 10 LT Plus (Contract Series 411/411LG10+/4179/4190/4204). s are single premium fixed deferred indexed annuities underwritten by Americo Life and Annuity Company (Americo), Kansas City, MO, and may vary in accordance with state laws. s are designed and exclusively marketed by Legacy Marketing Group, an independent, authorized agency of Americo. Some products and benefits may not be available in all states. Certain restrictions and variations apply. Consult contract and riders for all limitations and exclusions. The S&P 500 Index, S&P 500 Average Daily Risk Control 10% USD Price Return Index, and Dow Jones U.S. Real Estate Index are products of S&P Dow Jones Indices LLC, a division of S&P Global, or its affiliates ( SPDJI ), and have been licensed for use by Americo Life and Annuity Company ( Americo ). Standard & Poor s, S&P 500, and S&P are registered trademarks of Standard & Poor s Services LLC ( S&P ); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC ( Dow Jones ); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Americo. Americo s is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing advisability of purchasing this product. The Target Equity Balanced Index (the Index ) is the exclusive property of Morgan Stanley. Morgan Stanley and the Index are service marks of Morgan Stanley and have been licensed for use for certain purposes by Americo Life & Annuity Company. Morgan Stanley will not have any obligation or liability to owners of this product in connection with the administration or marketing of this product, and neither Morgan Stanley nor any other party guarantees the accuracy and/or the completeness of the Index or any data * Subject to state availability. Certain restrictions may apply. Check current State Approval Matrix. ** may be subject to ordinary income tax, and a 10% IRS penalty may apply to withdrawals taken before age 59½. Also known as the Morgan Stanley Target Equity Balanced Index. AF1284v (02/19) FOR AGENT USE ONLY. NOT FOR USE WITH CONSUMERS.

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4 Carrier Features Bonuses LibertyMark SM Series Annuity Quick Reference / Surrender Min. Americo Life and Annuity Kansas City, MO (Excellent) for financial strength. 3rd highest of 15 LibertyMark SM Series single premium Bonus Years Fee 7 No 7 1% 7 Plus Yes 7 1% 10, 10 LT No % 10 Plus, 10 LT Plus Yes % Liberty Optimizer Fee Annual administrative fee deducted from the Accumulation Value (AV) at the end of each contract year, including the first.** that provides a death benefit of 130% of the entire AV. Available on non-bonus products.* Current charge is 0.30%, deducted at the end of each contract year.** (Q, NQ) 7, 7 Plus, 10, 10 LT Plus, 10 LT Plus $1 million maximum per owner without Home Office approval. Diverse choice of indexed strategies covering multiple markets: o Five participation rate strategies with no cap. o Three cap strategies with 100% participation. No market value adjustment (MVA). Waiver of Surrender Charges Upon Nursing Home or Hospital Endorsement (Series 4139).*, 1% 3% on 100% of premium, less surrender charges upon contract termination. traditional, Roth, Inherited, and SEP IRA; and non-contributory Death Benefit greatest of 100% of AV (130% with Heritage Maximizer SM ), return of premium less prior gross withdrawals,, or GMV at death. True Up credits back any Liberty Optimizer Fees amounts paid that are greater than interest earnings. Applies at end of Year 5. 7 Plus: 5% persistency Year 7. 5% upfront, plus 10% persistency 10 5% upfront (4% in CA), plus 8% persistency The persistency bonus is equal to the AV at the end of Year 7 on LibertyMark SM 7 Plus and end of Year 10 on LibertyMark SM 10 Plus and 10 LT Plus, multiplied by the persistency bonus percentage. Up to 10% of AV annually after the first year. RMDs accepted Year 1 per company practice. The minimum withdrawal amount is $500, with a minimum remaining surrender value of $2,000. Surrender Schedules 7, 7 Plus: 9, 8.50, 8, 7, 6, 5, 4, 0% 12, 11.50, 11, 10.50, 10, 9, 8, 7, 6, 5, 0% 9.20, 9.20, 8.20, 7.20, 13, 13, 12.50, 11.50, , 9.40, 8.20, 7.20, 6.20, 5.20, 4.20, 3.10, Check Sales Guide for CA, CT, FL, MN, PA, and WA variations. 7 7 Plus 10, 10 LT 10 Plus, 10 LT Plus 5.75% 5.00% 7.00% 4.75% 2.20% 2.10% 2.45% 2.00% 9.75% 8.50% 12.25% 7.50% 95% 85% 110% 80% 1-Yr Morgan Stanley TEBI PTP* w/ Par. 95% 85% 110% 80% 2-Yr Morgan Stanley TEBI PTP* w/ Par. 130% 120% 150% 110% 2-Yr S&P 500 PTP w/ Par. 55% 50% 65% 50% 2-Yr S&P 500 Risk Control PTP w/ Par. 80% 75% 95% 65% Declared Account 2.95% 2.70% 3.45% 2.45% effective, and subject to change. : 1% 3% on 100% of premium, less surrender charges. Current Rate: 1.60%, effective on contracts issued in cap is 1.00% (0.10% for monthly cap). Participation Rate Strategies: participation rate is 5.00% (10.00% in NJ). Declared annual interest rate is 1.00%. 7: 5.00% ( 0 80) 3.75% ( 81 85) 7 Plus: 4.00% ( 0 80) 2.75% ( 81 85) 7.00% ( 0 80) 6.00% ( 81 85) 6.00% ( 0 80) 4.75% ( 81 85) 10 Plus, % ( 0 80) s are based on the date the premium is received in Americo s Administrative Office. Schedule for details. 7, 7 Plus, 10, and HI, IA, ID, IL, KS, KY, LA, MA 1, MD, ME, MI, MT, NC, ND, NE, NM, RI, SD, TN, VA, WI, 7, 7 Plus, 10 LT, and 10 AK, CA, CT, DE, FL, MN (7, 7 Plus only), NH 2, NJ 2, NV (no 7 Plus), OH (7, 10 LT only), OK, PA 3 (no 7 Plus), SC, TX, UT, WA Heritage Maximizer SM : Available with 7, 10, and 10 LT, except in NJ, OH, PA, UT, WA 1. Waiver of Surrender Charges Upon Nursing Home or Hospital 2. Multi-year 3. Morgan Stanley LibertyMark SM enhanced death benefit rider (Rider Series 2181). LibertyMark SM 7, 10, 10 LT, SE 7, SE 10, SE 10 LT (Contract Series 411/4196/4205); LibertyMark SM 7 Plus, SE 7 Plus (Contract Series 411/4191/4196/4205); LibertyMark SM 10 Plus, 10 LT Plus, SE 10 Plus, SE 10 LT Plus (Contract Series 411/4179/4184/4196/4205). s are single premium deferred fixed indexed annuities underwritten by Americo Life and Annuity Company (Americo), Kansas City, MO, and may vary in accordance with state laws. s are designed and exclusively marketed by Legacy Marketing Group, an independent, authorized agency of Americo. Some products and benefits may not be available in all states. Certain restrictions and variations apply. Consult contract and riders for all limitations and exclusions. The S&P 500 Index, S&P 500 Average Daily Risk Control 10% USD Price Return Index, and Dow Jones U.S. Real Estate Index are products of S&P Dow Jones Indices LLC, a division of S&P Global, or its affiliates ( SPDJI ), and have been licensed for use by Americo Life and Annuity Company ( Americo ). Standard & Poor s, S&P 500, and S&P are registered trademarks of Standard & Poor s Services LLC ( S&P ); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC ( Dow Jones ); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Americo. Americo s is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing advisability of purchasing this product. The Target Equity Balanced Index (the Index ) is the exclusive property of Morgan Stanley. Morgan Stanley and the Index are service marks of Morgan Stanley and have been licensed for use for certain purposes by Americo Life & Annuity Company. Morgan Stanley will not have any obligation or liability to owners of this product in connection with the administration or marketing of this product, and neither Morgan Stanley nor any other party guarantees the accuracy and/or the completeness of the Index or any data * Subject to state availability. Certain restrictions may apply. Check current State Approval Matrix. ** Fee will be deducted at the beginning of each contract year, including the first, for applications received prior to 11/8/2016 (prior to AF1030v (02/19) FOR AGENT USE ONLY. NOT FOR USE WITH CONSUMERS. may be subject to ordinary income tax, and a 10% IRS penalty may apply to withdrawals taken before age 59½. Return of premium is provided by current company practice, rather than contractually, for applications received prior to 11/8/2016 (prior to

5 LibertyMark SM SE Series Annuity Quick Reference Carrier Features Bonuses / Surrender Min. Americo Life and Annuity Kansas City, MO (Excellent) for financial strength. 3rd highest of 15 LibertyMark SM Series single premium Bonus Years Fee SE 7 No % SE 7 Plus Yes % SE 10, SE 10 LT No % SE 10 LT Plus Yes % Liberty Optimizer Fee Annual administrative fee deducted from the Accumulation Value (AV) at the end of each contract year, including the first.** that provides a death benefit of 130% of the entire AV. Available on non-bonus products.* Current charge is 0.30%, deducted at the end of each contract year.** SE 10, SE 10 LT SE 10 LT Plus (Q, NQ) $1 million maximum per owner without Home Office approval. Diverse choice of indexed strategies covering multiple markets: o Five participation rate strategies with no cap. o Three cap strategies with 100% participation. No market value adjustment (MVA). Waiver of Surrender Charges Upon Nursing Home or Hospital Endorsement (Series 4139).*, 1% 3% on 100% of premium, less surrender charges upon contract termination. traditional, Roth, Inherited, and SEP IRA; and non-contributory Death Benefit greatest of 100% of AV (130% with ), return of premium less prior gross withdrawals,, or GMV at death. True Up credits back any Liberty Optimizer Fees amounts paid that are greater than interest earnings. Applies at end of Year 5. SE 7 Plus: 5% persistency Year 7. SE 5% upfront plus 10% persistency SE 10 5% upfront (4% in CA), plus 8% persistency The persistency bonus is equal to the AV at the end of Year 7 on LibertyMark SM SE 7 Plus and end of Year 10 on LibertyMark SM SE 10 Plus and SE 10 LT Plus, multiplied by the persistency bonus percentage. Up to 10% of AV annually after the first year. RMDs accepted Year 1 per company practice. The minimum withdrawal amount is $500, with a minimum remaining surrender value of $2,000. Surrender Schedules SE 7, SE 7 Plus: 9, 8.50, 8, 7, 6, 5, 4, 0% SE 12, 11.50, 11, 10.50, 10, 9, 8, 7, 6, 5, 0% SE 9.20, 9.20, 8.20, 7.20, SE 13, 13, 12.50, 11.50, SE , 9.40, 8.20, 7.20, Check Sales Guide for CA, CT, FL, MN, PA, and WA variations. SE 7 SE 7 Plus SE 10, SE 10 SE 10 LT LT Plus 6.75% 6.00% 8.00% 5.75% 2.40% 2.30% 2.65% 2.20% 12.25% 10.50% 15.00% 9.75% 110% 100% 125% 95% 1-Yr Morgan Stanley TEBI PTP* w/ Par. 110% 100% 120% 95% 2-Yr Morgan Stanley TEBI PTP* w/ Par. 150% 135% 170% 130% 2-Yr S&P 500 PTP w/ Par. 65% 55% 75% 55% 2-Yr S&P 500 Risk Control PTP w/ Par. 95% 85% 105% 80% Declared Account 3.45% 3.20% 3.95% 2.95% effective, and subject to change. : 1% 3% on 100% of premium, less surrender charges. Current Rate: 1.60%, effective on contracts issued in cap is 1.00% (0.10% for monthly cap). Participation Rate Strategies: participation rate is 5.00% (10.00% in NJ). Declared annual interest rate is 1.00%. SE 7: 5.00% ( 0 80) 3.75% ( 81 85) SE 7 Plus: 4.00% ( 0 80) 2.75% ( 81 85) SE 7.00% ( 0 80) 6.00% ( 81 85) SE 6.00% ( 0 80) 4.75% ( 81 85) SE 10 Plus and SE % ( 0 80) s are based on the date the premium is received in Americo s Administrative Office. Schedule for details. SE 10, and SE HI, IA, ID, IL, KS, KY, LA, MA 1, MD, ME, MI, MT, NC, ND, NE, NM, RI, SD, TN, VA, WI, SE 10 LT, and SE 10 AK, CA, CT, DE, FL, MN (SE 7, SE 7 Plus only), NH 2, NJ 2, NV (no SE 7 Plus), OH (SE 7, SE 10 LT only), OK, PA 3 (no SE 7 Plus), SC, TX, UT, WA Heritage Maximizer SM : Available with SE 7, SE 10, and SE 10 LT, except in NJ, OH, PA, UT, WA 1. Waiver of Surrender Charges Upon Nursing Home or Hospital 2. Multi-year strategies 3. Morgan Stanley LibertyMark SM enhanced death benefit rider (Rider Series 2181). LibertyMark SM 7, 10, 10 LT, SE 7, SE 10, SE 10 LT (Contract Series 411/4196/4205); LibertyMark SM 7 Plus, SE 7 Plus (Contract Series 411/4191/4196/4205); LibertyMark SM 10 Plus, 10 LT Plus, SE 10 Plus, SE 10 LT Plus (Contract Series 411/4179/4184/4196/4205). s are single premium deferred fixed indexed annuities underwritten by Americo Life and Annuity Company (Americo), Kansas City, MO, and may vary in accordance with state laws. s are designed and exclusively marketed by Legacy Marketing Group, an independent, authorized agency of Americo. Some products and benefits may not be available in all states. Certain restrictions and variations apply. Consult contract and riders for all limitations and exclusions. The S&P 500 Index, S&P 500 Average Daily Risk Control 10% USD Price Return Index, and Dow Jones U.S. Real Estate Index are products of S&P Dow Jones Indices LLC, a division of S&P Global, or its affiliates ( SPDJI ), and have been licensed for use by Americo Life and Annuity Company ( Americo ). Standard & Poor s, S&P 500, and S&P are registered trademarks of Standard & Poor s Services LLC ( S&P ); Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC ( Dow Jones ); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Americo. Americo s is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing advisability of purchasing this product. The Target Equity Balanced Index (the Index ) is the exclusive property of Morgan Stanley. Morgan Stanley and the Index are service marks of Morgan Stanley and have been licensed for use for certain purposes by Americo Life & Annuity Company. Morgan Stanley will not have any obligation or liability to owners of this product in connection with the administration or marketing of this product, and neither Morgan Stanley nor any other party guarantees the accuracy and/or the completeness of the Index or any data * Subject to state availability. Certain restrictions may apply. Check current State Approval Matrix. ** Fee will be deducted at the beginning of each contract year, including the first, for applications received prior to 11/8/2016 (prior to AF1102v (02/19) FOR AGENT USE ONLY. NOT FOR USE WITH CONSUMERS. may be subject to ordinary income tax, and a 10% IRS penalty may apply to withdrawals taken before age 59½. Return of premium is provided by current company practice, rather than contractually, for applications received prior to 11/8/2016 (prior to