Fixed index annuity review and rates

American Landmark 5 Non-MVA

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: AK, PA, and UT

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
3.9% Fixed
1-Year iShares U.S. Real Estate PTP Cap
Point to Point
Annual
9.25% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
9.25% Cap
1-Year S&P 500 Average DRC 10% PR PTP Participation Rate
Point to Point
Annual
70% Participation
1-Year S&P U.S. Retiree Spending TR PTP Participation Rate
Point to Point
Annual
70% Participation
1-Year S&P 500 PTP Cap (5-Year Lock)
Point to Point
Annual
7% Cap
1-Year Fixed Account
Fixed
4% Fixed
1-Year iShares U.S. Real Estate PTP Cap
Point to Point
Annual
9.75% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
9.5% 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
75% Participation
1-Year S&P 500 PTP Cap (5-Year Lock)
Point to Point
Annual
7.25% 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, TSA 403b, SEP IRA, IRA-Roth, SIMPLE IRA, and NQ Stretch