Have you ever had a client say, “I’d like to put my money in a safe place, take withdrawals as needed during retirement, and pass on as much as possible to my beneficiaries”? It’s a common statement financial professionals often hear from clients, but finding a product that addresses these competing priorities has been a challenge — until now.
The future of blending principal protection with real growth opportunity is here. Introducing two powerful client-friendly features available on FutureMark, an accumulation-focused fixed indexed annuity issued by Americo Financial Life and Annuity Insurance Company.
For clients looking to leave a financial legacy, FutureMark’s built-in enhanced death benefit rider — the BeneBoosterSM — helps solve this need. It increases the death benefit by 25% of the lifetime contract growth for issue ages 0–75 and by 15% for issue ages 76–85. The increase applies to all prior gains — even previously withdrawn earnings — making BeneBooster an excellent option for clients taking required minimum distributions (RMDs) or other withdrawals. BeneBooster can help replenish RMDs and other withdrawals taken during the client’s lifetime or offset taxes due on gains, leaving more money for beneficiaries.
For older clients, the BeneBooster enhanced death benefit issues through age 85 with NO underwriting and NO waiting period. When your clients purchase FutureMark, BeneBooster is included at no additional charge. Because this rider is included at no cost, clients need not pay an additional fee for a lump-sum death benefit enhancement of up to 25% of the contract gains at death.
Accumulation opportunity is also important — especially if your clients take withdrawals during retirement. The opportunity for the contract to experience real growth helps to replenish money withdrawn, leaving more for retirement or to pass on to beneficiaries at death. With one-year, two-year and five-year index strategies, your clients can “mix and match” among various indices to better meet their accumulation goals and objectives.
Clients understand that longer-term index strategies provide greater opportunity for growth, but they’re often reluctant to tie up their money for multiple years without receiving annual interest credits. With the ability to choose among a one-year S&P 500® Index strategy, two-year SG Columbia Adaptive Risk Allocation Index strategy, or Legacy’s innovative five-year FUSION StrategySM, clients can better align opportunity for growth with their future accumulation goals. The FUSION Strategy allows clients to experience annual earnings and still have the opportunity for a larger payoff at the end of five years. Of course, clients could allocate a portion of their premium into any (or all) of these strategies based on their unique growth goals and objectives.
There’s more than meets the eye with FutureMark, an innovative, growth-focused FIA. With an industry-leading 1% on 100% minimum guarantee,* short-term and longer-term crediting strategies, and built-in BeneBooster enhanced death benefit, your clients can put their money in a safe place, take distributions as needed, enjoy real growth potential, and leave more to loved ones.
The future of accumulation-focused FIAs is here. With FutureMark, your clients can start their tomorrow today.
Contact your IMO or call the Legacy Marketing Group® Sales Team at 855-505-8757 to request an illustration today.
FutureMark 10, 10 LT (Contract Series 416/4416). BeneBooster guaranteed minimum death benefit rider (Rider Series 2182). Products are single premium deferred fixed indexed annuities underwritten by Americo Financial Life and Annuity Insurance Company (Americo), Kansas City, MO, and may vary in accordance with state laws. Products 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 Optimizer administrative fee of 1.00% will be deducted from the Accumulation Value at the end of each contract year, including the first. FutureMark, BeneBooster, and FUSION Strategy are service marks of Legacy Marketing Group.
The S&P 500 Index is a product of S&P Dow Jones Indices LLC, a division of S&P Global, or its affiliates (“SPDJI”), and has been licensed for use by Americo Financial Life and Annuity Insurance Company (“Americo”). Standard & Poor’s®, S&P 500®, and S&P® are registered trademarks of Standard & Poor’s Financial 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 Product 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 in such product nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 Index.
The SG Columbia Adaptive Risk Allocation Index (“Index”) is the exclusive property of SG Americas Securities, LLC (together with its affiliates, “SG”). SG has contracted with Solactive AG to maintain and calculate the Index. “SG Americas Securities, LLC”, “SGAS”, “Société Générale”, “SG”, “SG Columbia Adaptive Risk Allocation Index”, et al. (collectively, the “SG Marks”) are trademarks or service marks of SG. SG has licensed use of the Index and the SG Marks to Americo Financial Life and Annuity Insurance Company (“Americo”) for use in fixed indexed annuities. SG has licensed use of certain marks from Columbia Management Investment Advisers, LLC or its affiliates (collectively, “Columbia Management”) and sub-licensed use to Americo. Neither SG, Solactive AG, Columbia Management nor any other third-party licensor has been authorized to act as an agent of Americo or has in any way sponsored, endorsed, sold, promoted, structured or priced any fixed indexed annuity or provided investment advice to Americo. Such parties make no representation regarding the advisability of purchasing, selling, or holding product linked to the Index, including Fixed Indexed Annuity and shall not be liable for any related loss or payment thereof. Obligations to make payments under the fixed indexed annuities are solely the obligation of Americo. Neither Americo nor SG are obligated to invest annuity payments in the components of the Index. The Index levels are net of a 0.50% annual maintenance fee, calculated and deducted daily. The Index also deducts fees to cover rebalancing, replication, and other costs. The total amount of these fees is unpredictable and depends on a number of factors. These fees and costs, which are increased by the Index’s leverage, will reduce the potential positive change in the Index and increase the potential negative change in the Index. While the volatility control applied by the Index may result in less fluctuation in rates of return as compared to indices without volatility controls, it may also reduce the overall rate of return as compared to products not subject to volatility controls. Columbia Threadneedle Investments is the global brand name of the Columbia and Threadneedle group of companies. Additional information is available at https://www.sg-columbia-index.com.
* Available upon death, surrender, or annuitization, less any withdrawals, surrender charges, and applicable premium tax. Rate on contracts issued in 2020.
20-600-2 (01/20) FOR AGENT USE ONLY. NOT FOR USE WITH CONSUMERS.