MassMutual American Freedom Aspire
About this product
The American Freedom Aspire 5 and The American Freedom Aspire 7 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.
Available Rates
Rates are based on current simulation settings with premium amount $100,000.00
| 3 Years | 4.60% |
| 5 Years | 5.05% |
| 7 Years | 5.20% |
Available Guarantee Periods
Rates are based on current simulation settings with premium amount $100,000.00
| $25,000.00 - $99,999.00 | 4.35% |
| $100,000.00 - $1,000,000.00 | 4.6% |
| Features | |
| Maximum Issue Age | 90 years |
Lifetime Income Details
Payout Options
Additional Options
Actual payout options may vary by insurance carrier and specific products. Common alternatives include:
- Life Income Only: Payments for the rest of your life, stopping upon death
- Period Certain: Guaranteed payments for a specific time period (5, 10, 15, or 20 years)
- Life with Period Certain: Lifetime payments with a minimum guaranteed period
- Joint Life: Payments continue for both you and your spouse's lifetimes
- Systematic Withdrawal: Regular withdrawals of a specified amount or percentage