CUSIP Number:
38983T834
CUSIP Name:
MVA Annuity
Product Policy Type:
Indexed Annuity
Inception Date:
22 Apr 2019
Close Date:
CUSIP Note:
Scrap Book:
The American Landmark 3 is a deferred index annuity with a market value adjustment. The minimum single premium is $50,000 for qualified and non-qualified money. Additional contributions can be made for $2,000 or more within the first two contract months. 10% of the purchase payment may be withdrawn during the first policy year and 10% of the account value as of the prior anniversary plus any purchase payments received since may be withdrawn after the first policy year without a surrender charge. Systematic Withdrawal is an option. Surrender charges are 3 years in duration and are waived in the event of death, entrance into a nursing home or long-term care facility, or diagnosis of a terminal illness. Withdrawals and taxable distributions may be subject to ordinary income tax and if made prior to age 59 1/2, may also be subject to a 10% federal income tax penalty. Guarantees based on claims paying ability of insurer. Products / features may not be available in all states. This is an annuity contract issued by an insurance company and not a bank product protected by the FDIC.
Last Modified:
19 Feb 2026 11:40