Fixed index annuity review and rates

American Landmark 5

The American Landmark 5 is a single premium fixed-indexed annuity with 5 year surrender charge period and MVA provision. Purchase Payment Terms begin on the 6th and the 20th of each month. Purchase Payments received before the beginning of a term are placed in a holding account (called the Purchase Payment Account) where it will be credited interest daily until it is placed in the selected strategy.
Available in states: AL, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, RI, SC, SD, TN, TX, VT, VA, WA, WV, WI, and WY

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
4.1% Fixed
1-Year iShares U.S. Real Estate PTP Cap
Point to Point
Annual
10.25% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
10.25% Cap
1-Year S&P 500 Average DRC 10% PR PTP Participation Rate
Point to Point
Annual
75% Participation
1-Year S&P U.S. Retiree Spending TR PTP Participation Rate
Point to Point
Annual
80% Participation
1-Year S&P 500 PTP Cap (5-Year Lock)
Point to Point
Annual
8% Cap
1-Year Fixed Account
Fixed
4.25% Fixed
1-Year iShares U.S. Real Estate PTP Cap
Point to Point
Annual
10.5% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
10.5% Cap
1-Year S&P 500 Average DRC 10% PR PTP Participation Rate
Point to Point
Annual
80% Participation
1-Year S&P U.S. Retiree Spending TR PTP Participation Rate
Point to Point
Annual
85% Participation
1-Year S&P 500 PTP Cap (5-Year Lock)
Point to Point
Annual
8.25% Cap

Surrender schedule

Year 1 2 3 4 5
Penalty 9% 8% 7% 6% 5%
MassMutual Ascend Life Insurance Company
Founded: 1851
A.M. Best: A+
S&P: A+
Moody's: Aa3
Carrier details
Free withdrawal
10%
Surrender schedule
5 years
Return of premium
Market value adjustment
Minimum contribution
$10,000
Types of funds
Non-Qualified, IRA, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, IRA-Roth, and NQ Stretch