annuity-educator-logo
Best Guaranteed Annuity Rates
2-Year
5.70%
3-Year
6.25%
5-Year
6.25%
7-Year
6.00%
10-Year
5.80%

Index Protector 5 MVA

Get an annuity today!
Learn how an annuity can provide guaranteed income for life.

Highlights

Index Protector 5 MVA is a product without early withdrawal charges. this product features a market value adjustment that end after five years.

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
Purpose Accumulation
Surrender schedule
No Surrender Charge
Free withdrawal
10%
Market value adjustment
Return of premium
Launch date
01/06/2020
Minimum contribution
$50,000
Maximum contribution
$2,000,000
Max Age Qualified
89
Types of funds
Non-Qualified, IRA, IRA Rollover, 401a, IRA Transfer, TSA 403b, SEP IRA, SIMPLE IRA, 457 plan, Inherited IRA, and NQ Stretch
Brochure
Open brochure

Find out if the Index Protector 5 MVA is the right product for you.

$

Premium Notes

Issue ages
Qualified: 0–89
Non-qualified: 0–89
Inherited IRA: 0–75
Inherited non-qualified: 0–75

Purchase payments
This product accepts a single purchase payment for non-qualified, traditional 403(b), Roth 403(b), traditional IRA, Roth IRA, SEP IRA, SIMPLE IRA, Inherited IRA, Inherited non-qualified, 401(a) and 457 plan funds. Additional purchase payments allowed during the first two months of the contract only. Terms begin only on the 6th and 20th of each month. Purchase payments received prior to the beginning of a term will be held in the purchase payment account until the beginning of the next term. Additional purchase payments have their own interest crediting terms.

Minimum:
Initial purchase payment: $50,000;
Additional purchase payments: $25,000 (accepted in first two contract months)
MassMutual Ascend only allows additional premiums to be added as a Lump Sum, Periodic Payments are not allowed.

Maximum: 
$2 million for ages 0-75;
$1.5 million for ages 76-80, 
$1 million for ages 81+ 

Maximums apply to the total purchase payments made to all annuities from the companies of MassMutual Ascend with the same owners or the same annuitants. 

Withdrawal Provisions

Free Withdrawal Allowance 
  • During the first contract year, 10% of purchase payments may be withdrawn without a market value adjustment.
  • After the first contract year, 10% of the account value as of the most recent contract anniversary may be withdrawn without a market value adjustment.
Advisory fee withdrawals
Amounts applied to pay advisory fees up to 1.5 per year are not subject to an MVA and do not reduce the free withdrawal allowance. This favorable treatment advisory fees are provided under endorsement E6061519NW. For states that haven't approved the endorsement, the favorable treatment is non-contractual. 

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
5.35% Fixed
5-Year Fixed Account
Fixed
5.35% Fixed
1-Year S&P 500 PTP Cap
Point to Point
Annual
12.75% Cap
1-Year iShares MSCI EAFE ETF PTP Cap
Point to Point
Annual
13.5% Cap
1-Year US Retiree Spending TR PTP Participation Rate
Point to Point
Annual
95% Participation
1-Year S&P 500 Average DRC 10% PR PTP Participation Rate
Point to Point
Annual
90% Participation
1-Year iShares US Real Estate PTP Cap
Point to Point
Annual
15.5% Cap
1-Year Fixed Account
Fixed
5.5% Fixed
5-Year Fixed Account
Fixed
5.5% Fixed
1-Year iShares MSCI EAFE ETF PTP Cap
Point to Point
Annual
13.75% Cap
1-Year US Retiree Spending TR PTP Participation Rate
Point to Point
Annual
100% Participation
1-Year S&P 500 Average DRC 10% PR PTP Participation Rate
Point to Point
Annual
95% Participation
1-Year S&P 500 PTP Cap
Point to Point
Annual
13% Cap
1-Year iShares US Real Estate PTP Cap
Point to Point
Annual
16.5% Cap
1-Year First Trust Barclays Edge PTP Cap (5-Year Lock)
Point to Point
Annual
17.5% Cap
1-Year First Trust Barclays Edge PTP Cap
Point to Point
Annual
17.75% Cap
1-Year First Trust Barclays Edge PTP Cap (5-Year Lock)
Point to Point
Annual
17.75% Cap
1-Year First Trust Barclays Edge PTP Cap
Point to Point
Annual
18% Cap

Surrender schedule

Year
Penalty

Riders

No Riders for Index Protector 5 MVA annuity.

Waivers

Terminal Illness

Unavailable in states: MA

100% account value when criteria met

Extended Care

Unavailable in states: MA

To help ease the strain of certain unforeseen events, an extended care waiver is available for no additional charge. If the owner is confined to a nursing home or other long-term care facility after the completion of the first contract year for at least 90 consecutive days, any negative MVAs may be waived upon surrender or annuitization of the contract. The nursing home waiver does not include home health care.

Ready to Protect Your Financial Future?

Request a free quote or talk to our financial expert to get help