American Legend 7 vs Allianz 222

Side-by-side comparison with live CANNEX rate data

MassMutual Ascend Life Insurance Company

American Legend 7

Fixed Annuity with 3-Year Rate Guarantee & Penalty-Free Withdrawals

Cap Rate

14%

Participation

75%

Fixed Rate

3.95%

Free W/D

10%

A.M. BestA++
Standard & Poor'sA+

Strategies (7)

First Trust Barclays Edge Index14% cap
iShares US Real Estate ETF12% cap
S&P 500 Average Daily Risk Control Price Return Index75% part
S&P 500 Index9% cap
SPDR Gold Shares12% cap

Surrender (7 yrs)

Y1 9%Y2 8%Y3 7%Y4 6%Y5 5%Y6 4%Y7 3%

Waivers

Nursing home waiverTerminal illness waiver
States50
Min Premium$10,000
Issue Age0–85

Best For

Conservative investors age 0-90 seeking guaranteed growth, predictable retirement income, and protection of principal, particularly those with qualified retirement accounts or inherited IRAs.

Allianz Life Insurance Company of North America

Allianz 222

Fixed index annuity with bonuses and guaranteed lifetime income potential

Cap Rate

4.5%

Participation

100%

Fixed Rate

2.8%

Free W/D

10%

A.M. BestA+
Moody'sAa3
Standard & Poor'sAA

Strategies (9)

BlackRock iBLD Claria II Excess Return Index100% part
Bloomberg US Dynamic Balance II ER Index85% part
PIMCO Tactical Balanced ER Index105% part
S&P 500 Futures Daily Risk Control 5% Index Excess Return145% part
S&P 500 Index4.5% cap

Surrender (10 yrs)

Y1 10%Y2 10%Y3 10%Y4 8.75%Y5 7.5%Y6 6.25%Y7 5%Y8 3.75%Y9 2.5%Y10 1.25%

Waivers

Nursing home waiver
States1
Min Premium$20,000
Issue Age0–80

Best For

Retirement savers who want principal protection with growth potential and guaranteed lifetime income, especially those not needing immediate income.

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