What is the minimum guaranteed surrender value for MassMutual Ascend – American Freedom Aspire (3-, 5-, and 7-year terms)?

American Freedom Aspire is a Single Premium Deferred Fixed Annuity issued by MassMutual Ascend Life Insurance Company. The owner makes a one-time purchase payment (with limited additional payments allowed in the first 60 days) and selects a 3-, 5-, or 7-year term. Each purchase payment receives its own interest rate that is guaranteed for the full length of the applicable term (3, 5, or 7 years). Throughout the term, interest is credited daily at the declared rate and grows tax-deferred. After the first contract year, the policy allows annual penalty-free withdrawals up to 10% of the account value (based on the prior anniversary), while withdrawals above this amount may be subject to early withdrawal charges. At the end of each term, the contract may offer the option to renew into a new term of the same length (3, 5, or 7 years, depending on the product) at then-current renewal rates. An early withdrawal charge schedule applies during each initial and any renewal term.

What is the minimum premium amount for MassMutual Ascend – American Freedom Aspire (3-, 5-, and 7-year terms)?

The minimum premium amount is $25,000.

What is the maximum issue age for MassMutual Ascend – American Freedom Aspire (3-, 5-, and 7-year terms)?

The maximum issue age is 90 years.

What is the current interest rate for MassMutual Ascend – American Freedom Aspire (3-, 5-, and 7-year terms)?

The current interest rate is 3.5%.

What is the surrender charge schedule for MassMutual Ascend – American Freedom Aspire (3-, 5-, and 7-year terms)?

Withdrawals exceeding the 10% annual free-withdrawal amount, or a full surrender during an initial or renewal term, are subject to early withdrawal charges. The charge schedule is term-specific and declines as the contract years progress, reaching 0% after the end of the applicable term.

What are the best rates available for MassMutual Ascend – American Freedom Aspire (3-, 5-, and 7-year terms)?

The best available rate is 4.55% for a 7 year term.

MassMutual Ascend Life Insurance Company

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

About this product

The MassMutual Ascend American Freedom Aspire series is a single-premium fixed deferred annuity offered in 3-, 5-, and 7-year guarantee periods. It provides fixed, tax-deferred interest growth and full principal protection, making it ideal for conservative savers seeking predictable accumulation over a set multi-year term. Each purchase payment receives a fixed interest rate guaranteed for the entire period selected. The product includes a built-in Return of Premium (ROP) guarantee—ensuring that, once the ROP eligibility period is met for the selected term, the owner may surrender the contract and receive no less than their total purchase payments minus withdrawals (including amounts used to pay rider charges), providing an additional layer of principal security. It also offers straightforward contract mechanics, optional renewal after each term, penalty-free withdrawal features, and available income options for long-term retirement planning.

Available Rates

Rates are based on current simulation settings with premium amount $100,000.00

3 Years	3.75%
5 Years	4.30%
7 Years	4.55%

Available Guarantee Periods

Rates are based on current simulation settings with premium amount $100,000.00

$25,000.00 - $99,999.00	3.5%
$100,000.00 - $1,000,000.00	3.75%

Features
Maximum Issue Age	90 years

Lifetime Income Details

Payout Options

Annuitization

Lump Sum Withdrawal

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