Index Summit 6
The Index Summit 6 Annuity is an excellent choice for retirement planning. This product offers a great way to guarantee steady income throughout retirement with robust and flexible features. It's easy to understand and manage.
With the Index Summit 6, your dollars will work harder without market risks. Above all, it ensures your hard-earned money is safe while providing a dependable income for the rest of your life. Quite reassuring, isn't it?
Index Summit 6
About Product
Payout Options
- Fixed period payout
- Life payout
- Life payout with payments for at least a fixed period
- Joint and one-half survivor payout
In some states, our ability to waive fees or charges may be limited by applicable laws, regulations, or administrative positions.
For more information about submitting New Business applications, please contact the MassMutual Ascend sales desk directly at 1-888-504-7109 option 2
Allocation Accounts
| Name | Type | Rates |
|---|---|---|
| 1-Year Fixed Account |
Fixed
|
3%
Fixed
|
| 1-Year S&P 500 PTP Cap with 0% Floor (2023 Limited States) |
Point to Point
Annual
|
4.75%
Cap
|
| 1-Year First Trust Barclays Edge PTP Participation Rate with 10% Buffer (2023 Limited States) |
Point to Point
Annual
|
95%
Participation
|
| 1-Year First Trust Barclays Edge PTP Participation Rate with 50% Downside Participation Rate (2023 Limited States) |
Point to Point
Annual
|
120%
Participation
|
| 1-Year SPDR Gold Shares ETF PTP Cap with -10% Floor (2023 Limited States) |
Point to Point
Annual
|
13%
Cap
|
| 1-Year iShares US Real Estate ETF PTP Cap with -10% Floor (2023 Limited States) |
Point to Point
Annual
|
12%
Cap
|
| 1-Year iShares MSCI EAFE ETF PTP Cap with -10% Floor (2023 Limited States) |
Point to Point
Annual
|
9.5%
Cap
|
| 1-Year S&P 500 PTP Cap with 10% Buffer (2023 Limited States) |
Point to Point
Annual
|
11.5%
Cap
|
| 1-Year S&P 500 PTP Cap with -10% Floor (2023 Limited States) |
Point to Point
Annual
|
9.75%
Cap
|
| 6-Year S&P 500 PTP Participation Rate with 10% Buffer (Limited States) |
Point to Point
6-Year
|
90%
Participation
|
| 1-Year iShares US Real Estate ETF PTP Participation Rate with 50% Downside Participation Rate |
Point to Point
Annual
|
60%
Participation
|
| 1-Year iShares MSCI EAFE ETF PTP Participation Rate with 50% Downside Participation Rate |
Point to Point
Annual
|
68%
Participation
|
| 1-Year S&P 500 PTP Participation Rate with 50% Downside Participation Rate |
Point to Point
Annual
|
61%
Participation
|
| 2-Year S&P 500 PTP Cap with 50% Downside Participation Rate |
Point to Point
Biennial
|
19%
Cap
|
| 2-Year S&P 500 PTP Participation Rate with 50% Downside Participation Rate |
Point to Point
Biennial
|
70%
Participation
|
| 1-Year S&P 500 PTP Cap with 50% Downside Participation Rate |
Point to Point
Annual
|
10.5%
Cap
|
| 1-Year Fixed Account |
Fixed
|
3.05%
Fixed
|
| 1-Year First Trust Barclays Edge PTP Participation Rate with 10% Buffer (2023 Limited States) |
Point to Point
Annual
|
100%
Participation
|
| 2-Year S&P 500 PTP Cap with 50% Downside Participation Rate |
Point to Point
Biennial
|
20%
Cap
|
| 1-Year First Trust Barclays Edge PTP Participation Rate with 50% Downside Participation Rate (2023 Limited States) |
Point to Point
Annual
|
125%
Participation
|
| 2-Year S&P 500 PTP Participation Rate with 50% Downside Participation Rate |
Point to Point
Biennial
|
75%
Participation
|
| 1-Year SPDR Gold Shares ETF PTP Cap with -10% Floor (2023 Limited States) |
Point to Point
Annual
|
14%
Cap
|
| 1-Year S&P 500 PTP Cap with 50% Downside Participation Rate |
Point to Point
Annual
|
11%
Cap
|
| 1-Year iShares US Real Estate ETF PTP Cap with -10% Floor (2023 Limited States) |
Point to Point
Annual
|
12.5%
Cap
|
| 1-Year S&P 500 PTP Participation Rate with 50% Downside Participation Rate |
Point to Point
Annual
|
66%
Participation
|
| 1-Year iShares MSCI EAFE ETF PTP Cap with -10% Floor (2023 Limited States) |
Point to Point
Annual
|
10%
Cap
|
| 1-Year iShares MSCI EAFE ETF PTP Participation Rate with 50% Downside Participation Rate |
Point to Point
Annual
|
73%
Participation
|
| 1-Year S&P 500 PTP Cap with 10% Buffer (2023 Limited States) |
Point to Point
Annual
|
12%
Cap
|
| 1-Year iShares US Real Estate ETF PTP Participation Rate with 50% Downside Participation Rate |
Point to Point
Annual
|
65%
Participation
|
| 1-Year S&P 500 PTP Cap with -10% Floor (2023 Limited States) |
Point to Point
Annual
|
10%
Cap
|
| 1-Year S&P 500 PTP Cap with 0% Floor (2023 Limited States) |
Point to Point
Annual
|
5%
Cap
|
| 6-Year S&P 500 PTP Participation Rate with 10% Buffer (Limited States) |
Point to Point
6-Year
|
95%
Participation
|
| 1-Year S&P 500 Dual Performance Trigger with 10% Buffer (2024 Limited States) |
Dual Step Up
Annual
|
6%
Performance triggered
|
| 1-Year S&P 500 PTP Cap with 20% Buffer (2024 Limited States) |
Point to Point
Annual
|
8%
Cap
|
| 3-Year S&P 500 PTP Participation Rate with 10% Buffer (2024 Limited States) |
Point to Point
Triennial
|
95%
Participation
|
| 3-Year S&P 500 PTP Participation Rate with 20% Buffer (2024 Limited States) |
Point to Point
Triennial
|
82%
Participation
|
| 6-Year Russell 2000 PTP Participation Rate with 20% Buffer (2024 Limited States) |
Point to Point
6-Year
|
85%
Participation
|
| 6-Year S&P 500 PTP Participation Rate with 20% Buffer (2024 Limited States) |
Point to Point
6-Year
|
85%
Participation
|
| 6-Year Russell 2000 PTP Participation Rate with 10% Buffer (2024 Limited States) |
Point to Point
6-Year
|
90%
Participation
|
| 1-Year S&P 500 Performance Trigger with 10% Buffer (2024 Limited States) |
Performance Triggered
Annual
|
8.5%
Performance triggered
|
| 1-Year S&P 500 Performance Trigger with 20% Buffer (2024 Limited States) |
Performance Triggered
Annual
|
7%
Performance triggered
|
| 1-Year S&P 500 Dual Performance Trigger with 10% Buffer (2024 Limited States) |
Dual Step Up
Annual
|
6.25%
Performance triggered
|
| 6-Year S&P 500 PTP Participation Rate with 20% Buffer (2024 Limited States) |
Point to Point
6-Year
|
90%
Participation
|
| 1-Year S&P 500 PTP Cap with 20% Buffer (2024 Limited States) |
Point to Point
Annual
|
8.5%
Cap
|
| 6-Year Russell 2000 PTP Participation Rate with 10% Buffer (2024 Limited States) |
Point to Point
6-Year
|
95%
Participation
|
| 3-Year S&P 500 PTP Participation Rate with 10% Buffer (2024 Limited States) |
Point to Point
Triennial
|
100%
Participation
|
| 6-Year Russell 2000 PTP Participation Rate with 20% Buffer (2024 Limited States) |
Point to Point
6-Year
|
90%
Participation
|
| 3-Year S&P 500 PTP Participation Rate with 20% Buffer (2024 Limited States) |
Point to Point
Triennial
|
83%
Participation
|
| 1-Year S&P 500 Performance Trigger with 10% Buffer (2024 Limited States) |
Performance Triggered
Annual
|
8.75%
Performance triggered
|
| 1-Year S&P 500 Performance Trigger with 20% Buffer (2024 Limited States) |
Performance Triggered
Annual
|
7.25%
Performance triggered
|
Surrender schedule
| Year | 1 | 2 | 3 | 4 | 5 | 6 |
|---|---|---|---|---|---|---|
| Penalty | 8% | 7% | 6% | 5% | 4% | 3% |
Riders
No Riders for Index Summit 6 annuity.
Waivers
Terminal Illness
Unavailable in states: MA
We will waive the Early Withdrawal Charge that would otherwise apply if you make a Request in Good Order and: your Contract is modified by the Waiver of Early Withdrawal Charges upon Terminal Illness Rider; you are diagnosed with a terminal illness by a physician and, as a result of the terminal illness, you have a life expectancy of less than 12 months from the date of diagnosis; and the diagnosis is rendered by a physician more than one year after the Contract Effective Date. You must provide us with satisfactory proof that you meet these conditions before the date of the withdrawal or Surrender. There is no charge for this rider, but it may not be available in all states. Before you request a waiver, carefully review the rider to ensure that you understand how it works. (Rider form R1462416NW-Waiver of Early Withdrawal Charges Upon Terminal Illness Rider).
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, early withdrawal charges may be waived on withdrawals up to a full surrender. The nursing home waiver does not include home health care.
Premium Notes
The Contract is a modified single premium annuity. This means we will accept Purchase Payments only during the purchase payment period, which ends two months after the Contract Effective Date. The initial Purchase Payment must be at least $25,000. Each additional Purchase Payment must be at least $10,000. You will need our prior approval if you want to make a Purchase Payment(s) of more than $1,000,000. Each Owner must be age 80 or younger on the Contract Effective Date.
Purchase Payments
Issued with single purchase payment
Subsequent purchase payments accepted in first two contract months.
MassMutual Ascend only allows additional premiums to be added as a Lump Sum, Periodic Payments are not allowed.
Issue Ages
Qualified 0-80
Non-qualified 0-80
Inherited IRA 0-75
Inherited non-qualified 0-75
Withdrawal Provisions
Free Withdrawal Allowance During the first contract year, 10% of purchase payments may be withdrawn without an early withdrawal charge.After the first contract year, 10% of the account value as of the most recent contract anniversary may be withdrawn without an early withdrawal charge
- A.M. Best A++
- S&P A+
- Moody's Aa3
- Comdex 94
