Americo Elite 5 Index Annuity – Short-Term Growth with Long-Term Security
Flexible Growth Without Long Commitments
At Diversified Insurance Brokers, we guide clients toward annuities that meet both their timeline and long-term financial goals. The Americo Elite 5 Index Annuity, issued by Americo Financial Life and Annuity Insurance Company, is designed for individuals who want reliable accumulation potential, short-term flexibility, and the ability to turn assets into guaranteed income later in retirement.
With a 5-year surrender schedule, this product offers more flexibility than many longer-term options while still delivering meaningful growth and protection benefits.
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Built for Accumulation—Without Market Risk
The Americo Elite 5 uses fixed indexed crediting strategies to grow your contract value based on the performance of popular market indices, including:
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S&P 500® Index
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NASDAQ Biotechnology Index
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Dow Jones Industrial Average
These options offer exposure to different sectors and asset classes—all while protecting your principal from market downturns.
Interest earnings grow tax-deferred, allowing for more efficient compounding over time. If you’d like to compare the Americo Elite 5 to other short-term annuities, request a customized quote here, and our team will walk you through side-by-side illustrations.
Liquidity and Lifetime Income Options
After the first year, you can withdraw up to 10% annually from your annuity without penalty. The contract also includes special waivers for nursing home confinement or extended hospital stays, giving you access to funds in the event of a serious health event.
For long-term security, the Guaranteed Lifetime Income option allows you to convert your annuity into a stream of payments you can never outlive—regardless of market performance or how long you live.
Legacy Protection for Your Family
In the event of the annuitant’s passing, the full accumulation value is paid directly to beneficiaries—ensuring your savings are preserved and transferred efficiently.
Who This Annuity May Be a Good Fit For
The Americo Elite 5 Index Annuity may be a great solution for:
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Individuals nearing retirement who want short-term flexibility without sacrificing growth
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Clients who value multiple index options but want principal protection
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Pre-retirees or retirees looking for access to their money in emergencies
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Savers who plan to generate income in retirement but aren’t ready yet
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Individuals seeking a legacy-friendly annuity with a 5-year surrender window
It’s also a strong fit for rollover funds or cash repositioning when you want an efficient, safe accumulation solution with income flexibility built in.
Talk to an Advisor or Request Your Annuity Quote
Ready to explore this annuity in more detail—or compare it with other carriers to see if even higher rates are available? With guaranteed income, principal protection, and long-term growth potential on the line, making the right choice is essential. The experienced advisors at Diversified Insurance Brokers will guide you through the options and design a strategy tailored to your retirement goals.
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FAQs: Americo Elite 5 Annuity
What is the Americo Elite 5 Annuity?
The Americo Elite 5 is a fixed or fixed-indexed annuity (depending on the version) designed to offer principal protection and conservative growth over a relatively short term — often 5 years. It may appeal to savers looking for a middle ground between short-term liquid accounts and longer-term commitments.
How does interest or growth crediting work?
Your premium may earn a fixed interest rate or be tied to an index-linked crediting strategy. If using an index strategy, credited interest depends on index performance via formulas such as caps, participation rates, or spreads. Funds are not invested directly in the market; only crediting is linked to index performance.
Is my principal protected from market downturns?
Yes. As a fixed or fixed-indexed annuity, Elite 5 ensures that your accumulation value (principal + credited interest) is protected from market losses. If the index underperforms, credited interest may be zero, but your value won’t drop because of market decline alone — assuming no withdrawals or surrender actions.
How long is the guarantee or term period?
The “5” in Elite 5 generally refers to a 5-year guarantee or crediting term. At the end of that term, you often have options such as withdrawing the funds, renewing into a new contract, or — if available — converting value into income or payout under contract terms.
Can I access my money before the 5-year period ends?
Many versions allow limited free withdrawals each year (often a defined small percentage of account value) without surrender charges. However, withdrawing more than the allowable amount or surrendering early may trigger surrender charges or reduce credited interest or future benefits.
What happens at the end of the 5-year period?
At the end of the term, you may have the choice to withdraw your funds, renew or roll over into another annuity (potentially a new fixed-rate or fixed-indexed contract), or — if the contract allows — begin a payout or income distribution. Review what options are provided in your contract.
Are payout or income options available?
Depending on the contract version and any riders chosen, Elite 5 may allow conversion of accumulation value into structured payouts or income — though this depends on what is offered at renewal or maturity. Always review the payout terms carefully.
How are earnings and withdrawals taxed?
Earnings grow tax-deferred while the contract remains in force. When you withdraw or take payouts, the taxable portion is generally taxed as ordinary income. Withdrawals taken before age 59½ may also be subject to additional IRS penalties, depending on your individual circumstances.
Who might the Elite 5 Annuity be a good fit for?
This annuity may suit savers who want a moderate-term commitment (around 5 years), value principal protection, and prefer conservative growth — people who want some protection from market volatility but don’t want to lock up funds for long periods. It may serve well as part of a diversified retirement or savings strategy such as outlined in our top annuity rates comparison resources.
What should I check before purchasing?
Before committing, review the crediting option (fixed vs index-linked), surrender-charge schedule, free-withdrawal provisions, contract term length, and whether payout or income options apply at maturity. Also consider liquidity needs and how this annuity fits with your financial goals and timeline.
About the Author:
Jason Stolz, CLTC, CRPC, is a senior insurance and retirement professional with more than two decades of real-world experience helping individuals, families, and business owners protect their income, assets, and long-term financial stability. As a long-time partner of the nationally licensed independent agency Diversified Insurance Brokers, Jason provides trusted guidance across multiple specialties—including fixed and indexed annuities, long-term care planning, personal and business disability insurance, life insurance solutions, and short-term health coverage. Diversified Insurance Brokers maintains active contracts with over 100 highly rated insurance carriers, ensuring clients have access to a broad and competitive marketplace.
His practical, education-first approach has earned recognition in publications such as VoyageATL, highlighting his commitment to financial clarity and client-focused planning. Drawing on deep product knowledge and years of hands-on field experience, Jason helps clients evaluate carriers, compare strategies, and build retirement and protection plans that are both secure and cost-efficient.
