News

May 1 Fund Updates for Ameritas Advisor No-Load VA and Advisor II VUL

At the start of business on May 1, 2023, the following changes took effect:
  • These investment options changed categories:
Previous Portfolio Name Previous Morningstar Category New Morningstar Category
Calvert VP Volatility Managed Moderate Portfolio, Class F Allocation-30% to 50% Equity Moderately Conservative Allocation1
Vanguard® Conservative Allocation Portfolio Allocation-30% to 50% Equity Moderately Conservative Allocation1
Calvert VP SRI Balanced Portfolio, Class I Allocation-50% to 70% Equity Moderate Allocation1
Calvert VP Volatility Managed Moderate Growth Portfolio, Class F Allocation-50% to 70% Equity Moderate Allocation1
Vanguard® Balanced Portfolio Allocation-50% to 70% Equity Moderate Allocation1
Vanguard® Moderate Allocation Portfolio Allocation-50% to 70% Equity Moderate Allocation1
Calvert VP Volatility Managed Growth Portfolio, Class F Allocation-70% to 85% Equity Moderately Aggressive Allocation1
Vanguard® Total Bond Market Index Portfolio Intermediate Core-Plus Bond Intermediate Core Bond
DFA VA Global Moderate Allocation Portfolio World Allocation Global Allocation1
Templeton Global Bond VIP Fund, Class 2 World Bond Global Bond1
DFA VA Global Bond Portfolio World Bond-USD Hedged Global Bond-USD Hedged1
Third Avenue Value Portfolio World Small/Mid Stock Global Small/Mid Stock1

1New Morningstar Category

For a complete list of the available investment options, refer to the updated investment options brochure.

 

Private Letter Ruling Issued to Ameritas for Commission-Free Variable Annuities

In a Private Letter Ruling issued to Ameritas in 2021, the IRS ruled that certain advisory fees that the Company deducts from a non-qualified Policy and pays to an Investment Advisor (“Qualifying Withdrawals”) will not be treated as received by the Policy Owner and will not be reported as taxable income. Note that any fee amounts withdrawn that exceed an annual rate of 1.5% of the Policy Value during a calendar year will be reportable and taxable in the calendar year withdrawn. For additional details, refer to the respective variable annuity product prospectus to view the supplement.

To learn more about Ameritas’ commission-free life insurance and annuity strategies designed for the clients of RIAs, contact Advisor Solutions at 800-255-9678, option 3 or direct@ameritas.com.