Fixed index annuity review and rates
Index Protector 5
Index Protector 5 is a product without early withdrawal charges. this product features a market value adjustment that end after five years.
Available in states:
AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, 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, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 1-Year Fixed Account |
Fixed
|
5%
Fixed
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
12%
Cap
|
| 1-Year iShares MSCI EAFE ETF PTP Cap |
Point to Point
Annual
|
12%
Cap
|
| 1-Year Fixed Account |
Fixed
|
5.25%
Fixed
|
| 1-Year iShares MSCI EAFE ETF PTP Cap |
Point to Point
Annual
|
12.5%
Cap
|
| 1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
12.5%
Cap
|
Surrender schedule
| Year |
|---|
| Penalty |
MassMutual Ascend Life Insurance Company
Founded:
1851
A.M. Best:
A+
S&P:
A+
Moody's:
Aa3
Brochure
Free withdrawal
10%
Surrender schedule
0 years
Return of premium
Market value adjustment
Minimum contribution
$50,000
Types of funds
Non-Qualified, IRA, 401a, TSA 403b, SEP IRA, IRA-Roth, SIMPLE IRA, 457 plan, Inherited IRA, and NQ Stretch