MassMutual Ascend Advantage 5
About this product
The Advantage 5 Advisory 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.
Available Rates
Rates are based on current simulation settings with premium amount $100,000.00
| 5 Years | 3.40% |
Available Guarantee Periods
Rates are based on current simulation settings with premium amount $100,000.00
| $50,000.00 - $249,999.00 | 3.4% |
| $250,000.00 - $2,000,000.00 | 3.5% |
| Features | |
| Maximum Issue Age | 89 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