MassMutual Ascend

3 Year Term
Apply now

company Information

Company Name

MassMutual Ascend

product Name
SecureGain 3 No MVA
MassMutual Ascend is a leading provider of annuities, offering annuity products that are transparent and easier to understand, so you always know what to expect. Their “A++” rating by AM Best follows more than 40 consecutive years of an “A” or higher rating. This means you can have confidence knowing they'll be there when you need them. MassMutual Ascend is a wholly owned subsidiary of MassMutual, one of the largest life insurance companies in the U.S., founded in 1851.
am best rating
A++ Superior (1st of 13 ratings)
Product Type
Product description

Offers you safety and predictable growth with SecureGain 3. This fixed annuity offers two three-year terms with the option to surrender without penalty during the last 30 days of the initial three-year term. This product accepts single purchase payments.

You will preserve your principal and earn a fixed rate of return.

You might hear fixed annuities also called CD-like annuities or multiple-year guarantee annuities (MYGA's).

If you are sensitive to loss and don't want to lose a penny, a fixed annuity might be a good fit for some of your savings.

Read our educational articles on fixed annuities to learn more.

Guaranteed Rate Lock Period:

The rate is locked for 60 days from the date of application. If the funds are received after that period the rate might be subject to change and will be the rate in effect at that time.

Two 3-year terms
minimum investment
$ 10,000
maximum investment
$ 1,000,000
maximum age
withdrawal allowance
In the first contract year the withdrawal allowance is 10% of the purchase payment. Starting in the second year there is an opportunity to take a withdrawal of up to 10% of the account balance penalty-free.

Have a Question?

Schedule A Call

- or -

Apply Online

When You Are Ready

Apply now

*Please provide an investment amount before applying.

Guaranteed Returns

Choose an investment amount and we’ll show you how much you can earn.

Should be at least $10,000
The maximum investment is $1,000,000
The field is required.
13.80%$ ?$ ?$ ?
23.80%$ ?$ ?$ ?
33.80%$ ?$ ?$ ?
Total$ ?$ ?$ ?

Enter an investment amount to calculate your earnings and account balance over the life of the contract.

Surrender Charge Schedule

Surrender charges are a penalty charged to early withdrawals of annuity contract. They are a percentage of the withdrawal amount, decrease over time, and go to zero when the term ends.

percentage charged to withdrawal

market-value adjustment (MVA)

A market value adjustment is basically an additional charge or credit for taking money out early from an annuity.

They allow companies to pay a higher rate and make longer-term investments.

MVAs only affect you if you withdraw funds early. If you own the contract to maturity, they do not apply.

other Information

moody’s ratingAa3 Excellent (4th of 21 ratings)
S&P ratingA+ Strong (5th of 21 ratings)
phone number(800) 854-3649
Product brochure
0.50-2.00%. We are paid from the insurance company general fund. It is not deducted from your account value. 100% of your money is working for you from day one. We could earn a higher commission based on sales volume and taking a more active role in the application process.
Rate Effective DateApril 21st 2024
premium TypeSingle Premium Annuity
account TypePersonal, Traditional IRA, Roth IRA, SEP-IRA, SIMPLE-IRA, 403(b).
Not available inThis product is only available in the following states (AK & UT).
options at

30 Days prior to the end of your contract term, you will have the option to choose from the following.

1. Withdrawal any amount free of charges and fees.
2. If you do nothing, the contract renews for a 1 year term at the rates available at that time.

death benefit provisionIf you pass away before the end of your annuity contract, your beneficiaries will receive the accumulated policy value. This value will include all interest you have earned and be passed without any charges or fees.
taxesAnnuities typically grow tax-deferred. If you withdrawal money that has never been taxed, withdrawals are 100% taxable. Non-qualified withdrawals have been taxed already, so only interest is taxed. This is called an exclusion ratio. Interest would be taxed, but the principal would not. Please work with a qualified specialist.
surrender schedule
9%, 8%, 7%, 6%, 5%, 4%, 0%
free-look period20 Days
market value adjustmentNo
Apply now