Fixed index annuity review and rates

American Landmark 5 Plus Non-MVA

American Landmark 5 Plus 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 five years.
Available in states: AK, CA, PA, and UT

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
3.4% Fixed
1-Year S&P 500 Average DRC 10% PR PTP Participation Rate
Point to Point
Annual
60% Participation
1-Year iShares U.S. Real Estate ETF PTP Cap
Point to Point
Annual
8.25% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
7.75% Cap
1-Year S&P 500 PTP Cap (5-Year Lock)
Cap lock-in
Annual
6.5% Cap
1-Year Fixed Account
Fixed
3.5% Fixed
1-Year S&P 500 Average DRC 10% PR PTP Participation Rate
Point to Point
Annual
65% Participation
1-Year iShares U.S. Real Estate ETF PTP Cap
Point to Point
Annual
8.75% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
8% Cap
1-Year S&P 500 PTP Cap (5-Year Lock)
Cap lock-in
Annual
6.75% 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, 457 plan, Inherited IRA, and NQ Stretch