Legacy Marketing Group has just launched a new fixed index annuity issued by Ameritas Life Insurance Corp, an “A” rated provider. IncomeMark Select was designed to provide performance-driven income and is best paired with the MyGrowth Income Rider Guaranteed Lifetime Withdrawal Benefit (GLWB). Together the products ease the fears of soon-to-be retirees who are concerned about outliving their money, rising expenses and paying for healthcare.
“With the performance-driven MyGrowth Income Rider, we believe IncomeMark Select can truly hit the mark on income for consumers seeking to optimize their retirement paycheck,” said Preston Pitts, Legacy President, in a recent InsuranceNewsNet article. “IncomeMark Select payouts have the potential to consistently rank among the highest in the industry assuming a reasonable rate of return, and should look even better with strong growth.”
For those worried about covering healthcare costs, a booster version of the income rider is available for purchase, doubling payments for qualifying declining health being cared for at home or a qualified facility. The option to receive increasing payouts offers protection from inflation while a stacking roll-up and competitive payouts help maximize income potential.
Multiple index options drive the strong growth potential of IncomeMark Select, including two that are based on the new US Innovative Leaders 5 Index. This index capitalizes on artificial intelligence to choose companies that have great potential to outperform their counterparts through innovation. These new index options are also available on new sales of the Ameritas FlexMark Select FIA.
IncomeMark Select is now available in 49 states and the District of Columbia through agents contracted with Legacy and appointed with Ameritas. For more information about IncomeMark Select and other Legacy products, please visit www.legacynet.com/carrierandproducts.