Highest effective annual rate
4.4%
5-yr effective annual yield · 5-yr surrender schedule · $100,000+ premium
Up to 4.4% depending on guarantee term and premium band.
View all rates and terms ↓10%
Free W/D
53
Available jurisdictions
Rates as of August 26, 2026. CANNEX via AdvisorWorld; confirm rates and state availability before purchase.
Product analyzer
Run numbers for SecureGain 5
guaranteed rates, terms, state availability, surrender details, and contract facts stay scoped to this MassMutual Ascend Life Insurance Company product.
Live product data
Rates as of August 26, 2026, from AdvisorWorld and CANNEX.
5-year guaranteed rate
4.4% effective annual rate over the 5-year term
The legacy five-year SecureGain MYGA from a dual-agency-rated US carrier — the standard MYGA term-length for like-for-like comparison, no MVA mechanism, broad state footprint, and annual free-withdrawal access alongside nursing-home and terminal-illness waivers.
Best fit
Buyers who want a five-year locked declared rate from a dual-agency-rated carrier, who prefer the legacy SecureGain filing's no-MVA early-exit mechanics over the 2025 refresh, and who value the standard MYGA term-length for direct comparison against the peer market.
Available guarantee terms
5 years
AM Best
A++ Superior
Surrender period
5 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 five-year declared-rate MYGA, rather than a single-source rating.
- Five-year rate-lock is the most common MYGA term and the term most peer comparisons publish — buyers using this contract have a true like-for-like data point against the rest of the MYGA market.
- State footprint on this legacy SecureGain 5 filing reads at the upper end of the national menu (53 jurisdictions including DC and US territories), giving wider coverage than several peer MYGA filings at this term-length.
- Annual free-withdrawal access alongside the surrender schedule, plus nursing-home and terminal-illness waivers. Both single and joint annuitization are available on both non-qualified and qualified funds.
What to confirm
- This is the legacy SecureGain 5 filing — the carrier publishes a SecureGain 5 - 2025 refresh alongside it. Buyers comparing rates should ask which filing they are being quoted on, since the 2025 filing carries an MVA mechanism that typically changes the published headline rate.
- Surrender charges in the early years remain in the mid-to-high single digits — an unplanned early exit beyond the annual free-withdrawal allowance carries a real cost. This is a five-year commitment, not a short-term cash equivalent.
- No premium bonus, no shows-of-premium feature, and no lifetime-income rider — this contract is built for rate certainty over a fixed five-year window, not for legacy enhancement, an upfront bonus, or guaranteed lifetime income.
- Legacy SecureGain filings publish a no-MVA early-exit mechanic; that simplifies surrender mechanics but typically means the headline runs slightly below MVA-bearing equivalents at the same carrier.
Not ideal for
Buyers who want the higher headline rate the MVA-bearing SecureGain 5 - 2025 refresh typically commands, buyers who want a shorter-than-5-year (SecureGain 3 / 3-2025) or longer-than-5-year (SecureGain 7 / 7-2025) rate-lock, or buyers who want a premium bonus, GLWB rider, or market-linked upside — none of those are what this contract is built to deliver.
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Guaranteed Rates by Term
CANNEX identifies each state, MVA, and liquidity-rider version below. Compound-equivalent annual rates are the primary comparison measure; the carrier's quoted simple-interest rate remains visible beneath each value.
| Contract version | Term | Surrender term | Rate effective | $10,000–$99,999Premium · comparable annual rate | $100,000+Premium · comparable annual rate |
|---|---|---|---|---|---|
| 5-state version · No MVA · No liquidity rider | 5-Year | 5-Year schedule | Sep 22, 2025 | 4%Effective annual rate · full term4% first year · 3.75% renewal | 4.2%Effective annual rate · full term4.2% first year · 3.95% renewal |
| Most states · MVA · No liquidity rider | 5-Year | 5-Year schedule | Sep 22, 2025 | 4.05%Effective annual rate · full term4.05% first year · 3.8% renewal | 4.4%Effective annual rate · full term4.4% first year · 4.15% renewal |
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
5-Year Version
Yr 1
9%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
After
0%
5-Year Version
Yr 1
9%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
After
0%
Nursing home waiver, Terminal illness waiver, Surrender waivers
Carrier Ratings
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See how SecureGain 5 compares for your age, state, premium, and income goals alongside other MassMutual Ascend Life Insurance Company MYGA options.