Fixed index annuity review and rates

American Landmark 3 Non-MVA

American Landmark 3 is a fixed-indexed annuity, offers multiple indexed strategies, accepts additional purchase payments during the first two contract months, and features early withdrawal charges and market value adjustments that end after three years.
Available in states: AK, PA, and UT

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
3.5% Fixed
1-Year iShares U.S. Real Estate PTP Cap
Point to Point
Annual
8.75% Cap
1-Year iShares MSCI EAFE ETF PTP Cap
Point to Point
Annual
8.25% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
8.25% Cap
1-Year Fixed Account
Fixed
3.6% Fixed
1-Year S&P 500 PTP Cap
Point to Point
Annual
8.5% Cap
1-Year iShares MSCI EAFE ETF PTP Cap
Point to Point
Annual
8.5% Cap
1-Year iShares U.S. Real Estate PTP Cap
Point to Point
Annual
9% Cap

Surrender schedule

Year 1 2 3
Penalty 9% 8% 7%
MassMutual Ascend Life Insurance Company
Founded: 1851
A.M. Best: A+
S&P: A+
Moody's: Aa3
Carrier details
Free withdrawal
10%
Surrender schedule
3 years
Return of premium
Market value adjustment
Minimum contribution
$50,000
Types of funds
Non-Qualified, IRA, TSA 403b, SEP IRA, IRA-Roth, SIMPLE IRA, and NQ Stretch