AssuranceSelect 3 Plus
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Highlights
AssuranceSelect 3 Plus is a fixed-indexed annuity, offers multiple indexed strategies, accepts additional purchase payments during the first two contract months, and features early withdrawal charges and market value adjustments that end after three years.
First-year early withdrawal charge percentages vary by institution. For detailed product information, log into your account at https://mybusiness.massmutualascend.com/fi or call 888-504-7109, option 2.
For more information about submitting New Business applications, please contact the MassMutual Ascend sales desk directly at 1-888-504-7109 option 2
First-year early withdrawal charge percentages vary by institution. For detailed product information, log into your account at https://mybusiness.massmutualascend.com/fi or call 888-504-7109, option 2.
For more information about submitting New Business applications, please contact the MassMutual Ascend sales desk directly at 1-888-504-7109 option 2
Available in states:
AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY
Type
|
Fixed Index
|
---|---|
Term
|
3 Years |
Surrender schedule
|
8%8%7% |
Free withdrawal
|
10% |
Market value adjustment
|
|
Return of premium
|
|
Minimum contribution
|
$50,000 |
Types of funds
|
Non-Qualified, IRA, IRA Rollover, IRA Transfer, TSA 403b, SEP IRA, IRA-Roth, SIMPLE IRA, 457 plan, and NQ Stretch |
Brochure
|
Open brochure |
Allocation Accounts
Name | Type | Rates |
---|---|---|
1-Year Fixed Account |
Fixed
|
3.8%
Fixed
|
1-Year iShares U.S. Real Estate PTP Cap |
Point to Point
Annual
|
8.75%
Cap
|
1-Year iShares MSCI EAFE ETF PTP Cap |
Point to Point
Annual
|
7.75%
Cap
|
1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
7.75%
Cap
|
1-Year Fixed Account |
Fixed
|
4%
Fixed
|
1-Year S&P 500 PTP Cap |
Point to Point
Annual
|
8%
Cap
|
1-Year iShares MSCI EAFE ETF PTP Cap |
Point to Point
Annual
|
8%
Cap
|
1-Year iShares U.S. Real Estate PTP Cap |
Point to Point
Annual
|
9.25%
Cap
|
1-Year First Trust Barclays Edge PTP Participation Rate |
Point to Point
Annual
|
150%
Participation
|
1-Year First Trust Barclays Edge PTP Participation Rate (3-Year Lock) |
Point to Point
Annual
|
155%
Participation
|
1-Year First Trust Barclays Edge PTP Participation Rate |
Point to Point
Annual
|
155%
Participation
|
1-Year First Trust Barclays Edge PTP Participation Rate (3-Year Lock) |
Point to Point
Annual
|
160%
Participation
|
Surrender schedule
Year | 1 | 2 | 3 |
---|---|---|---|
Penalty | 8% | 8% | 7% |