American Freedom Classic 3 - 2025
MassMutual Ascend Life Insurance Company
4.1%
3-yr guarantee
10%
Free W/D
53
Jurisdictions
Live product data
Rates as of May 29, 2026, based on the latest AdvisorWorld scan of CANNEX data.
3-year guaranteed rate
4.1% guaranteed for 3 years
A 2025-filed, three-year MYGA from a dual-agency-rated US carrier with an MVA mechanism on early surrenders, a three-year declining surrender ladder matched to the rate-lock, broad state availability, and annual free-withdrawal access alongside nursing-home and terminal-illness waivers.
Best fit
Buyers who want the higher headline rate an MVA-bearing 2025 filing typically commands over a no-MVA sibling at the same carrier, who can absorb the MVA on early surrenders above the free-withdrawal allowance, and who only need a three-year fixed rate-lock from a dual-agency-rated carrier.
AM Best
A++ Superior
Surrender period
3 years
Free withdrawal
10%/yr
Availability
53 jurisdictions (excl. New York)
Product analyst notes
How to think about this contract
Why it can stand out
- A.M. Best Superior plus Standard & Poor's Strong — dual-agency financial-strength corroboration on a 2025-filed short-term declared-rate MYGA, rather than a single-source rating.
- Three-year guarantee period is at the short end of the MYGA market — most filings start at 5 years. A buyer who wants a fixed locked rate but cannot commit principal for half a decade has an unusually short rate-lock window here.
- Market value adjustment (MVA) is built into the contract — the 2025 filings accept the MVA mechanism on surrenders above the free-withdrawal allowance in exchange for a typically higher headline rate than the carrier's no-MVA American Freedom Aspire 3 sibling.
- Three-year declining surrender ladder runs the same length as the rate-lock, and the filing publishes a state footprint at the upper end of the national menu (53 jurisdictions including DC and US territories). Annual free-withdrawal access is included alongside the schedule, with nursing-home and terminal-illness waivers.
What to confirm
- The MVA mechanic means a surrender above the free-withdrawal allowance is not the same as a clean account-value withdrawal — interest rates at the time of surrender drive the adjustment up or down, which can materially change the amount actually received. Confirm with the carrier how the MVA is computed before any planned partial surrender.
- Short rate-lock means short crediting horizon — the declared rate is fixed for only three years. At the end of the guarantee period the buyer must either renew at the carrier's then-current rate, surrender, or annuitize.
- Surrender charges in the early years remain in the high single digits — an unplanned early exit beyond the annual free-withdrawal allowance still carries a real cost on top of any MVA adjustment. This is a three-year commitment, not a short-term cash equivalent.
- The carrier files two American Freedom 3-year MYGAs concurrently — this Classic 3 - 2025 with MVA, and the older Aspire 3 without MVA. Buyers should confirm which filing they are quoted on, since the headline rate and the early-exit mechanics differ between them.
Not ideal for
Buyers who cannot tolerate an MVA on early surrenders and would rather take the slightly lower headline of the no-MVA American Freedom Aspire 3 sibling, buyers who want a longer-than-3-year rate-lock (the Classic 5 - 2025 or Classic 7 - 2025 siblings cover those), or buyers who want a premium bonus, GLWB rider, or market-linked upside — none of those are what this filing is built to deliver.
Guaranteed Rates by Term
| Term | Guaranteed Rate |
|---|---|
| 3-Year | 4.1% |
Key Features
Free withdrawal
10%/yrAnnual amount that may be available without surrender charges, subject to contract terms.
Surrender waivers
2Nursing home waiver, Terminal illness waiver
Death benefit
Standard Death BenefitBeneficiary value depends on contract terms, withdrawals, and rider elections.
Annuitization options
Single and jointContract conversion options should be confirmed before purchase.
Fund types
Non-qualified, QualifiedAvailability can vary by state and product terms.
Surrender Schedule
Yr 1
8%
Yr 2
8%
Yr 3
7%
After
0%
Nursing home waiver, Terminal illness waiver, Surrender waivers
Carrier Ratings
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