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Withdrawals above the penalty-free limit or full surrender before the end of the term incur declining surrender charges starting at 9 % in year 1, decreasing annually until they expire after the 5th or 7th contract year (depending on term length). As this is a Non-MVA version, the surrender value is not subject to market value adjustment.

None required; all benefits are included automatically where approved.

No annual maintenance or administrative fees. The only charges are the scheduled surrender charges during the term.

Upon the owner’s death, beneficiaries receive the full accumulation value with no surrender charge deductions.

Each contract year, policyholders may withdraw up to 

Single-premium deferred annuity, available for both Qualified (IRAs, SEPs, Roth IRAs) and Non-Qualified funds.

Issued by MassMutual Ascend Life Insurance Company, this deferred fixed annuity guarantees an increasing crediting rate each year after the first. It does not include a Market Value Adjustment (MVA), providing simplicity and transparency for those preferring fixed, predictable surrender values. All other contract features mirror the MVA version.

At the end of the term, the annuity automatically renews at MassMutual Ascend’s then-current declared rate, unless the policyholder chooses to withdraw or annuitize. No surrender charges apply after the term ends.

Equal to the accumulation value minus any applicable surrender charges during the charge period.

MassMutual Ascend American Freedom Stars & Stripes® (Non-MVA)

 is a single-premium Multi-Year Guaranteed Annuity (MYGA) providing secure, tax-deferred accumulation and full principal protection 

 step-up interest rate increases — 0.15 % per year for the 5-year term and 0.25 % per year for the 7-year term

 — allowing contract owners to benefit from predictable growth.

 waivers for qualifying life events, and a straightforward surrender structure. At maturity, policyholders can withdraw, renew, or annuitize the full accumulation value with no surrender charges.

Withdrawals above the penalty-free limit or full surrender during the term incur declining charges starting at 9 % in Year 1 and decreasing each year. An MVA applies to early withdrawals during the term and may increase or reduce the surrender value based on interest-rate changes.

None required; all benefits are included where approved.

No annual policy or maintenance fees. Only surrender charges and MVA may apply during the term.

Beneficiaries receive the full accumulation value upon the owner’s death, without any surrender charge reductions.

 or Required Minimum Distributions (if greater) may be withdrawn without surrender charges.

Single-premium deferred annuity available for both 

Issued by MassMutual Ascend Life Insurance Company, this deferred fixed annuity guarantees a fixed interest rate schedule for the selected term. The base rate never falls below the Guaranteed Minimum Interest Rate (GMIR), and the annual step-up applies from the second year onward. MVA and surrender charges apply only during the guarantee period and end thereafter.

At the end of the initial term, the contract automatically renews at MassMutual Ascend’s then-current rate for one-year terms unless the owner chooses to withdraw or annuitize. No MVA or charges apply after the term ends.

The greater of (a) accumulation value minus applicable surrender charges and MVA or (b) the Guaranteed Minimum Value.

 MassMutual Ascend American Freedom Stars & Stripes® (MVA)

 is a single-premium Multi-Year Guaranteed Annuity (MYGA) that provides secure, tax-deferred accumulation, principal protection, and predictable growth through annual step-up interest rate increases.

Available in 5- and 7-year terms, this product credits an additional 

 on the 7-year term after the first contract year. It also features 

 waivers for qualifying life events, and a Market Value Adjustment (MVA) that may raise or lower surrender values depending on interest-rate movements.

At maturity, policyholders may withdraw, annuitize, or renew their contract without penalty.

Early withdrawal charges apply if you surrender your annuity or take withdrawals from it during each initial term or any renewal terms. The charge applies separately to each purchase payment and the interest it earns. The charge applies for a three-year period that starts when the purchase payment is applied to your annuity. Early withdrawal charges do not apply to amounts covered by the 10% free withdrawal allowance.

For the American Freedom Aspire 5, early withdrawal charges apply separately to each purchase payment and its earnings during the five-year term. The surrender charge begins at 7% and remains in effect for the first three years, then decreases to 6% in year four and 5% in year five. Withdrawals exceeding the 10% annual penalty-free limit are subject to this charge. After the fifth year, no early withdrawal charge applies to that purchase payment.

For the American Freedom Aspire 7, the early withdrawal charge applies over a seven-year term and also resets for each new purchase payment. The charge starts at 7% for the first three years, decreases to 6% in year four, 5% in year five, 4% in year six, and 3% in year seven. Withdrawals over the annual 10% penalty-free allowance will incur this charge. After the seventh year, withdrawals are no longer subject to this penalty for that specific contribution.

Terminal Illness Waiver and Extended Care Waiver are included.

The death benefit is equal to the greater of the account value, the return of premium, or the guaranteed minimum surrender value (GMSV). 

Waivers for terminal illness and extended care are included, allowing for penalty-free withdrawals under certain conditions.

Non-qualified and qualified plans, including 403(b) (Traditional and Roth), IRA (Traditional, Roth, SEP, SIMPLE, and Inherited), and 457(b).    

Each annuity accepts multiple purchase payments, with a base interest rate set for each payment. For Aspire 5, the interest rate increases by 0.10% annually over five years; for Aspire 7, it increases similarly over seven years. After the third contract year, the return of premium guarantee allows surrender without penalty, returning purchase payments minus withdrawals and applicable taxes. The policy includes annual free withdrawals up to 10% of the account value, a death benefit equal to the greater of the account value, return of premium, or guaranteed minimum surrender value (GMSV), and waiver riders for terminal illness and extended care. The annuities are available for both qualified and non-qualified funds, with eligibility extending to clients up to age 89 for Aspire 5 and up to age 88 for Aspire 7.  ￼

After the initial term, the contract may offer the option to renew for an additional term, subject to current rates and terms at the time of renewal.

The surrender value is equal to the greatest of the account value, minus any early withdrawal charges, the return of premium, or the guaranteed minimum surrender value (GMSV).

 are fixed annuities designed to provide predictable growth through guaranteed interest rates that increase annually over their respective five- and seven-year terms. They offer features such as a return of premium guarantee after the third contract year, 10% penalty-free withdrawals annually, and options for lifetime income. These products aim to help individuals confidently plan for their financial future with stability and flexibility. 

According to the brochure, “early withdrawal charges and market value adjustments apply if you surrender your annuity or take withdrawals from it during the initial seven-year term. Early withdrawal charges and market value adjustments do not apply to amounts covered by the 10% free withdrawal allowance.” These charges end after year seven. The MVA is a rate-sensitive adjustment which can either increase or decrease the payout for excess withdrawals, but details on the exact surrender charge schedule (e.g., year-by-year percentages) are not listed in this version of the rate flier.

Included at no charge are an Extended Care Waiver—which allows up to 100% of the account value to be withdrawn penalty-free after a 90-day confinement—and a Terminal Illness Waiver, permitting up to 100% penalty-free withdrawals after the first contract year. Both riders are not available in Massachusetts.  

Upon death, the annuity pays the larger of the account value or GMSV to beneficiaries, with pardoned surrender charges. 

No additional free benefits are specified beyond the standard free withdrawal allowance and death benefit payment.

Clients may withdraw up to 10% of purchase payments in the first contract year or up to 10% of the account value on the most recent anniversary in subsequent years without incurring an early withdrawal charge or MVA. 

SecureGain 5 is a fixed, single-premium deferred annuity with a five-year guaranteed interest term. It allows an additional single payment within the first 60 days.

The contract is issued with a single premium and offers a guaranteed interest rate over a seven-year term. A bonus interest rate is added during the first contract year, followed by increasing rates annually through year seven. A 10% free withdrawal allowance is included each year. Withdrawals beyond this are subject to early withdrawal charges and a Market Value Adjustment (MVA), which are waived after year seven. The policy offers a death benefit and annuitization options but does not permit additional withdrawals once annuity payments begin.

At the end of the initial five-year term, a 30-day renewal window allows the owner to withdraw the account value, choose a new term, or let the contract auto-renew. Surrender charges and MVA continue through renewal terms.

The surrender value is the greater of (a) account value minus any MVA and early withdrawal charges or (b) GMSV, which equals 87.5% of purchase payments minus previous withdrawals plus interest credited daily at the GMSV rate.  

 is a fixed deferred annuity from MassMutual Ascend Life Insurance Company that offers a seven-year guaranteed interest period with escalating rates and the option for lifetime income. It provides steady growth, tax-deferred accumulation, principal protection, and access to funds via annual penalty-free withdrawals. It is ideal for individuals seeking predictable returns with a long-term outlook and no market exposure

During the initial or renewal term, early withdrawal charges apply to amounts exceeding the 10% free withdrawal limit. The charges follow a 5-year declining schedule.

Extended Care Waiver Rider and Terminal Illness Waiver Rider.

Greater of the account value or guaranteed minimum surrender value (GMSV).

Includes waiver riders for terminal illness and extended care allowing 100% of account value to be accessed penalty-free under qualifying conditions.

First year: up to 10% of purchase payment.

Subsequent years: up to 10% of account value on the most recent contract anniversary.

Non-qualified, 403(b) (traditional and Roth), 401(a), IRA (Traditional, Roth, SEP, SIMPLE, Inherited), 457(b), and inherited non-qualified.

This annuity contract accepts a single premium and offers a guaranteed interest rate for five years. Withdrawals above 10% annually during the term are subject to a declining surrender charge and market value adjustment. The contract includes extended care and terminal illness waiver riders that allow penalty-free access under qualifying conditions. It offers guaranteed lifetime income options and provides a death benefit that avoids probate. After the initial term, clients may have the opportunity to renew for an additional five-year or one-year term, depending on interest rate availability.

The contract may be renewed after the initial five-year term for either one-year or new multi-year terms, based on interest rate availability.

The surrender value is the greater of the account value (less charges and adjustments) or the GMSV.

 is a fee-based fixed annuity issued by MassMutual Ascend Life Insurance Company. Designed for clients seeking predictable, guaranteed growth with protection from market volatility, it offers a fixed interest rate guaranteed for five years, along with tax-deferred accumulation. It includes options for lifetime income and allows a portion of the account to be accessed penalty-free each year. This product is geared toward clients working with financial advisors in a fee-based relationship, and it provides a streamlined offering with transparent terms and simple, renewal-based structure.

MassMutual Ascend – American Freedom Stars & Stripes (5- and 7-year terms, Non-MVA)

MassMutual Ascend – American Freedom Stars & Stripes (5- and 7-year terms, MVA)

MassMutual Ascend – American Freedom Aspire (3-, 5-, and 7-year terms)

MassMutual Ascend – SecureGain (3-, 5-, and 7-year terms, 2025 series)

MassMutual Ascend Advantage 5