MassMutual Ascend Life Insurance Company

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Index Summit 6 Pro

The Index Summit 6 Pro is a smart choice for those worried about retirement income. Using a unique indexing method, it offers a balance of security and market-driven growth. You get to enjoy potential increases during market highs and protection during lows.

This annuity is surprisingly adaptable. You can tailor your income stream according to your lifestyle needs. It's great for retirees desiring a steady paycheck after years of hard work. It's a wise and worry-free way to enjoy your golden years!

Index Summit 6 Pro

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Investment

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Retire At

No agent will call you

About Product

Type

Registered Index-Linked

Purpose

Accumulation

Term

6 Years

Surrender schedule

Fee withdrawal:

10%

Market Value Adjustment

Return Of Premium

Minimum Contribution

$25,000

Maximum Contribution

$1,000,000

Max Age Qualified

Types Of Funds

Non-Qualified, 401k, Profit Sharing, IRA, Pension, IRA Rollover, 401a, IRA Transfer, TSA 403b, SEP IRA, IRA-Roth, SIMPLE IRA, 457 plan, 1035 Exchange, Inherited IRA, and NQ Stretch

Launch Date

05/12/2021

With the Index Summit 6 Pro registered index-linked annuity from MassMutual Ascend, you can help your clients achieve their retirement goals.
For them: The opportunity to participate in tax-deferred market growth with reduced exposure to loss.
For you: Service and support from a company on which you can rely.

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, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, and WY

Allocation Accounts

Name	Type	Rates
1-Year iShares US Real Estate ETF PTP Participation Rate with 50% Downside Participation Rate	Point to Point Annual	75% Participation
1-Year iShares MSCI EAFE ETF PTP Cap with -10% Floor (2023 Limited States)	Point to Point Annual	13% Cap
1-Year S&P 500 PTP Cap with 10% Buffer (2023 Limited States)	Point to Point Annual	15% Cap
1-Year S&P 500 PTP Cap with -10% Floor (2023 Limited States)	Point to Point Annual	12.5% Cap
1-Year iShares US Real Estate ETF PTP Cap with -10% Floor (2023 Limited States)	Point to Point Annual	15% Cap
1-Year S&P 500 PTP Cap with 0% Floor (2023 Limited States)	Point to Point Annual	7.5% Cap
6-Year S&P 500 PTP Participation Rate with 10% Buffer	Point to Point 6-Year	110% Participation
1-Year SPDR Gold Shares PTP Cap with -10% Floor (2023 Limited States)	Point to Point Annual	17% Cap
1-Year iShares MSCI EAFE ETF PTP Participation Rate with 50% Downside Participation Rate	Point to Point Annual	85% Participation
1-Year First Trust Barclays Edge PTP Participation Rate with 50% Downside Participation Rate (2023 Limited States)	Point to Point Annual	160% Participation
2-Year S&P 500 PTP Participation Rate with 50% Downside Participation Rate	Point to Point Biennial	85% Participation
1-Year S&P 500 PTP Participation Rate with 50% Downside Participation Rate	Point to Point Annual	75% Participation
1-Year First Trust Barclays Edge PTP Participation Rate with 10% Buffer (2023 Limited States)	Point to Point Annual	125% Participation
1-Year S&P 500 PTP Cap with 50% Downside Participation Rate	Point to Point Annual	14% Cap
2-Year S&P 500 PTP Cap with 50% Downside Participation Rate	Point to Point Biennial	35% Cap
1-Year SPDR Gold Shares PTP Cap with -10% Floor (2023 Limited States)	Point to Point Annual	19% Cap
1-Year First Trust Barclays Edge PTP Participation Rate with 10% Buffer (2023 Limited States)	Point to Point Annual	130% Participation
1-Year iShares US Real Estate ETF PTP Cap with -10% Floor (2023 Limited States)	Point to Point Annual	16% Cap
1-Year First Trust Barclays Edge PTP Participation Rate with 50% Downside Participation Rate (2023 Limited States)	Point to Point Annual	165% Participation
1-Year iShares MSCI EAFE ETF PTP Cap with -10% Floor (2023 Limited States)	Point to Point Annual	13.5% Cap
1-Year S&P 500 PTP Cap with 10% Buffer (2023 Limited States)	Point to Point Annual	15.5% Cap
1-Year S&P 500 PTP Cap with -10% Floor (2023 Limited States)	Point to Point Annual	13% Cap
1-Year S&P 500 PTP Cap with 0% Floor (2023 Limited States)	Point to Point Annual	7.75% Cap
6-Year S&P 500 PTP Participation Rate with 10% Buffer	Point to Point 6-Year	115% Participation
1-Year iShares US Real Estate ETF PTP Participation Rate with 50% Downside Participation Rate	Point to Point Annual	80% Participation
1-Year iShares MSCI EAFE ETF PTP Participation Rate with 50% Downside Participation Rate	Point to Point Annual	90% Participation
2-Year S&P 500 PTP Participation Rate with 50% Downside Participation Rate	Point to Point Biennial	90% Participation
1-Year S&P 500 PTP Participation Rate with 50% Downside Participation Rate	Point to Point Annual	80% Participation
2-Year S&P 500 PTP Cap with 50% Downside Participation Rate	Point to Point Biennial	37% Cap
1-Year S&P 500 PTP Cap with 50% Downside Participation Rate	Point to Point Annual	15% Cap
1-Year S&P 500 Dual Performance Trigger with 10% Buffer (2024 Limited States)	Dual Step Up Annual	7% Performance triggered
6-Year Russell 2000 PTP Participation Rate with 20% Buffer (2024 Limited States)	Point to Point 6-Year	105% Participation
6-Year Russell 2000 PTP Participation Rate with 10% Buffer (2024 Limited States)	Point to Point 6-Year	110% Participation
6-Year S&P 500 PTP Participation Rate with 20% Buffer (2024 Limited States)	Point to Point 6-Year	100% Participation
3-Year S&P 500 PTP Participation Rate with 20% Buffer (2024 Limited States)	Point to Point Triennial	95% Participation
3-Year S&P 500 PTP Participation Rate with 10% Buffer (2024 Limited States)	Point to Point Triennial	110% Participation
1-Year S&P 500 PTP Cap with 20% Buffer (2024 Limited States)	Point to Point Annual	11% Cap
1-Year S&P 500 Performance Trigger with 20% Buffer (2024 Limited States)	Performance Triggered Annual	8.25% Performance triggered
1-Year S&P 500 Performance Trigger with 10% Buffer (2024 Limited States)	Performance Triggered Annual	10% Performance triggered
1-Year S&P 500 Dual Performance Trigger with 10% Buffer (2024 Limited States)	Dual Step Up Annual	7.25% Performance triggered
3-Year S&P 500 PTP Participation Rate with 20% Buffer (2024 Limited States)	Point to Point Triennial	100% Participation
3-Year S&P 500 PTP Participation Rate with 10% Buffer (2024 Limited States)	Point to Point Triennial	115% Participation
6-Year S&P 500 PTP Participation Rate with 20% Buffer (2024 Limited States)	Point to Point 6-Year	105% Participation
1-Year S&P 500 PTP Cap with 20% Buffer (2024 Limited States)	Point to Point Annual	11.5% Cap
6-Year Russell 2000 PTP Participation Rate with 10% Buffer (2024 Limited States)	Point to Point 6-Year	115% Participation
6-Year Russell 2000 PTP Participation Rate with 20% Buffer (2024 Limited States)	Point to Point 6-Year	110% Participation
1-Year S&P 500 Performance Trigger with 20% Buffer (2024 Limited States)	Performance Triggered Annual	8.5% Performance triggered
1-Year S&P 500 Performance Trigger with 10% Buffer (2024 Limited States)	Performance Triggered Annual	10.25% Performance triggered

Surrender schedule

Year	1	2	3	4	5	6
Penalty	9%	8%	7%	6%	5%	4%

Riders

No Riders for Index Summit 6 Pro annuity.

Waivers

Terminal Illness

Unavailable in states: MA

Provided that the diagnosis is rendered more than one year after the contract effective date, up to 100% of the account value can be withdrawn without deduction of an early withdrawal charge if the owner or joint owner is diagnosed by a physician as having a terminal illness with a prognosis of 12 months or less. This waiver may be used only once.

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

Issue ages
Qualified: 0-80
Non-qualified: 0-80
Inherited IRA: 0-75
Inherited non-qualified: 0-75
Issue age is the owner’s age at last birthday. For joint owners, the oldest age will be used as the issue age. If the owner is a non-natural person, the age of the eldest annuitant will be treated as the age of the owner for all purposes under this contract.
MassMutual Ascend only allows additional premiums to be added as a Lump Sum, Periodic Payments are not allowed.

6-year term with 10% buffer strategy is only available at issue. Strategy availability may vary by broker/dealer.

Withdrawal Provisions

Withdrawals Withdrawals are allowed any time prior to the annuity payout initiation date. All withdrawals are subject to IRS regulations and early withdrawal charges. Withdrawals will be taken first proportionally from the purchase payment account, then proportionally from indexed strategies having the shortest term. Minimum withdrawal: $500; Minimum account value following withdrawal: $5,000Penalty-free withdrawal allowance During the first contract year, 10% of the purchase payments may be withdrawn without an early withdrawal charge. After the first contract year, 10% of the account value on the most recent contract anniversary may be withdrawn without an early withdrawal charge. The sum of all previous withdrawals during the same contract year will be subtracted to determine the amount available. This free withdrawal allowance is not cumulative, and unused amounts do not carry over to the next contract year.

Company Founded: 1851

TOP Rated Company

MassMutual Ascend Life Insurance Company

Company Ratings

4.3