Ratings:

A.M. Best A++
S&P A+
Moody's Aa3
Comdex 94

James Alden

Experienced Financial Advisor

25 years

experience

3,712

career consultations

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American Landmark 3 Non-MVA

The MassMutual Ascend Life Insurance Company was originally founded in 1957 under the name of Great American Life Insurance Company. Being in the retirement savings market, their focus is to provide comprehensive transparency over their annuity products to better help clients make informed decisions. Their mission is to provide the ultimate financial security by offering a range of fixed, fixed-index, and registered index-linked annuities designed to help retirees not only preserve their wealth but also potentially generate income as well. A leading annuity provider known for its superior customer service, MassMutual Ascend has continuously maintained a strong position amidst ratings agencies. A mere three years ago, the company was purchased by MassMutual, one of the largest life insurance companies in the US, yet still operates as an independent subsidiary to this day.

American Landmark 3 Non-MVA

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Ratings:

A.M. Best A++
S&P A+
Moody's Aa3
Comdex 94

About Product

Type

Fixed Index

Purpose

Accumulation

Term

3 Years

Surrender schedule

9%8%7%

Fee withdrawal:

10%

Market Value Adjustment

Return Of Premium

Minimum Contribution

$50,000

Maximum Contribution

$1,000,000

Max Age Qualified

Types Of Funds

Non-Qualified, IRA, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, IRA-Roth, SIMPLE IRA, and NQ Stretch

Launch Date

04/22/2019

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.

For more information about submitting New Business applications, please contact the MassMutual Ascend sales desk directly at 1-888-504-7109 option 2

Available in states: AK, PA, and UT

Allocation Accounts

Name	Type	Rates
1-Year Fixed Account	Fixed	3.05% Fixed
1-Year iShares U.S. Real Estate PTP Cap	Point to Point Annual	7% Cap
1-Year iShares MSCI EAFE ETF PTP Cap	Point to Point Annual	6.75% Cap
1-Year S&P 500 PTP Cap	Point to Point Annual	6% Cap
1-Year Fixed Account	Fixed	3.15% Fixed
1-Year S&P 500 PTP Cap	Point to Point Annual	6.25% Cap
1-Year iShares MSCI EAFE ETF PTP Cap	Point to Point Annual	7% Cap
1-Year iShares U.S. Real Estate PTP Cap	Point to Point Annual	7.5% Cap
1-Year First Trust Barclays Edge PTP Participation Rate (3-Year Lock)	Point to Point Annual	105% Participation
1-Year First Trust Barclays Edge PTP Participation Rate	Point to Point Annual	105% Participation
1-Year First Trust Barclays Edge PTP Participation Rate (3-Year Lock)	Point to Point Annual	110% Participation
1-Year First Trust Barclays Edge PTP Participation Rate	Point to Point Annual	110% Participation

Surrender schedule

Year	1	2	3
Penalty	9%	8%	7%

Riders

No Riders for American Landmark 3 Non-MVA annuity.

Waivers

Nursing Home

Available

Terminal Illness

Provided that the diagnosis is rendered more than one year after the contract effective date, up to 100% of the account value can be withdrawn without deduction of an early withdrawal charge or MVA if the owner or joint owner is diagnosed by a physician as having a terminal illness with a prognosis of 12 months or less. This waiver may be used only once.

Extended Care

To help ease the strain of certain unforeseen events, an extended care waiver is available for no additional charge. If the owner is confined to a nursing home or other long-term care facility after the completion of the first contract year for at least 90 consecutive days, early withdrawal charges and MVAs may be waived on withdrawals up to a full surrender. The nursing home waiver does not include home health care.

Premium Notes

Issue ages
0–90 (qualified);
0–90 (non-qualified);
0–75 (inherited IRA);
0-75 (inherited non-qualified)
Issue age is the owner’s age at last birthday. For joint owners, the oldest age will be used as the issue age. If the owner is a non-natural person, the age of the eldest annuitant will be treated as the age of the owner for all purposes under this contract.
MassMutual Ascend only allows additional premiums to be added as a Lump Sum, Periodic Payments are not allowed.

Withdrawal Provisions

Penalty-free withdrawals
During first contract year, 10% of purchase payments.
After first contract anniversary, 10% of the account value as of the most recent contract anniversary.