American Landmark 5
MassMutual
13%
Best Cap
10%
Free W/D
50
States
American Landmark 5 is a fixed index annuity that offers both declared interest rate and indexed strategy options with annual crediting, designed for investors seeking growth potential with principal protection and flexible withdrawal access.
Free Withdrawal
10%/yr
Available In
50 states
Min Premium
$10,000
Surrender
5 years
Current Rates & Strategies
| Index | Crediting | Cap | Participation | Fixed |
|---|---|---|---|---|
| First Trust Barclays Edge Index | Annual | 13% | 100% | -- |
| iShares US Real Estate ETF | Annual | 9.25% | 100% | -- |
| S&P 500 Average Daily Risk Control Price Return Index | Annual | -- | 55% | -- |
| S&P 500 Index | Annual | 8% | 100% | -- |
| S&P U.S. Retiree Spending Total Return Index | Annual | -- | 60% | -- |
| Fixed Account | Daily | -- | -- | 3.5% |
Key Features
Interest Strategies
Multiple strategy optionsChoose between declared interest rates or indexed strategies tied to S&P 500, risk-controlled indices, and real estate. Five-year cap lock available in first contract year only.
Free Withdrawal Allowance
10% annuallyWithdraw 10% of purchase payments in year 1, or 10% of account value on contract anniversary in subsequent years without early withdrawal charges or market value adjustments.
Early Withdrawal Charges
9% year 1, declining to 0% year 6+Charges decline from 9% in year 1 to 0% in year 6 and beyond. Does not apply to free withdrawal allowance.
Guaranteed Minimum Surrender Value
87.5% of premiums minimumContract value guaranteed not to fall below 87.5% of purchase payments plus daily credited interest, regardless of market performance.
Purchase Flexibility
$10,000 minimum initial; $2,000 additionalAccepts single or multiple purchase payments in first year only. Funds can be allocated to different interest strategies with own crediting terms.
Market Value Adjustment
Applies years 1-5 onlyDuring first 5 years, surrenders or excess withdrawals are adjusted based on interest rate changes. Limits protect against extreme adjustments.
Death Benefit
Greater of account value or GMSVBeneficiary receives greater of account value or guaranteed minimum surrender value if owner dies before annuitization.
Highlights
Choose between fixed declared rates or indexed strategies tied to S&P 500 and other indices with annual crediting
10% free withdrawal allowance each year with no surrender charges or MVA on that amount
Guaranteed minimum surrender value of 87.5% of purchase payments provides downside protection
No upfront sales charges or fees
Extended care and terminal illness waivers available at no additional cost (varies by state)
Surrender Schedule
Yr 1
9%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
After
0%
Nursing home waiver, Terminal illness waiver
Best For
Investors seeking a balance between growth potential through indexed strategies and principal protection through guaranteed minimums, with moderate withdrawal needs and longer time horizons.
Consider Alternatives If
Investors who need immediate access to funds without penalties or those requiring significant withdrawals in the first five years should avoid this product due to early withdrawal charges and MVA provisions.
Carrier Ratings
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