SecureGain 7
MassMutual
10%
Free W/D
53
States
SecureGain 7 is a fixed annuity that provides guaranteed interest rates for seven years, flexible funding options, and penalty-free withdrawal provisions. It's designed for individuals seeking predictable income and protection of their principal through a stable, insured product.
Free Withdrawal
10%/yr
Available In
53 states
Min Premium
$10,000
Surrender
7 years
Key Features
Guaranteed Interest Rate
7-year guaranteeInterest rate is locked in for each purchase payment until the seventh contract anniversary, never falling below the annuity's minimum rate thereafter
Minimum Purchase Payment
$25,000 initial; $2,000 additionalLow entry point for initial investment with room for additional contributions
Penalty-Free Withdrawals
10% annuallyWithdraw up to 10% annually without early withdrawal charges or market value adjustments
Guaranteed Minimum Surrender Value
87.5% of paymentsProtection equal to 87.5% of purchase payments plus interest, ensuring a minimum value if you surrender the contract
Early Withdrawal Charge
Starting at 8%Charge applied to excess withdrawals during the term, declining each year
Waiver Riders
Extended Care & Terminal IllnessOptional riders provide access to 100% of account value if you need extended care or are terminally ill
Payout Options
4 income optionsMultiple ways to receive income including fixed period, life income, and joint survivor options
Highlights
Guaranteed interest rates for 7 years with a floor that never drops below the minimum rate
Flexible purchase payments with additional payments accepted in the first 60 days
Penalty-free withdrawals of up to 10% annually without surrender charges or market value adjustments
Waiver riders for Extended Care and Terminal Illness provide 100% account value access when criteria are met
Death benefit guarantees the greater of account value or 87.5% guaranteed minimum surrender value
Surrender Schedule
Yr 1
9%
Yr 2
8%
Yr 3
7%
Yr 4
6%
Yr 5
5%
Yr 6
4%
Yr 7
3%
After
0%
Nursing home waiver, Terminal illness waiver
Best For
Retirees and near-retirees who want guaranteed income, principal protection, and the ability to access funds without penalties, particularly those who value safety over market growth.
Consider Alternatives If
Investors seeking high growth potential or those who may need immediate access to large portions of their funds, as this product prioritizes stability and includes surrender charges for excess withdrawals.
Carrier Ratings
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