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Best Guaranteed Annuity Rates
2-Year
5.70%
3-Year
6.25%
5-Year
6.50%
7-Year
5.85%
10-Year
5.80%

Safe Return

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Highlights

The Safe Return is a modified single premium fixed-indexed annuity with the safety of a guaranteed return of premium, indexed strategies with a bailout feature and the opportunity for growth and protection. Additional premiums in the amount of $2,000 (Q) or $5,000 (NQ) or more is permitted during the first two months of the contract. 

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 Lifetime Income & Legacy
Term
10 Years
Surrender schedule
10%9%8%7%6%5%4%3%2%1%
Free withdrawal
10%
Market value adjustment
Return of premium
Launch date
06/26/2009
Minimum contribution
$25,000
Maximum contribution
$1,000,000
Max Age Qualified
85
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

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Premium Notes

Issue ages
0-85 (qualified);
0-85 (non-qualified);
0-75 (inherited IRA);
0-75 (inherited non-qualified)
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.

Purchase Payment
You can purchase this annuity with an initial purchase payment of $25,000 or more. You can add to your annuity during the first two contract months with additional purchase payments of at least $2,000 for qualified contracts or $5,000 for non-qualified contracts.
MassMutual Ascend only allows additional premiums to be added as a Lump Sum, Periodic Payments are not allowed.
Terms begin on the 6th and the 20th of each month. Purchase Payments received before the beginning of a term are placed in a holding account (called the Purchase Payment Account) where it will be credited interest daily until it is placed in the selected strategy.

Maximum:
$1 million issue ages 0-75 
$750,000 issue ages 76-80 
$500,000 issue ages 81+ without prior Home Office approval 

Withdrawal Provisions

Systematic Withdrawal 
The Customized Payment, Life Payment and Fixed Dollar options are available. Refer to the Terms and Conditions section of the applicable ESP Program Election Agreement Form for eligibility requirements. ESP payments reduce the amount available under the free withdrawal allowance. This feature is non-contractual, available according to current Company practice and may be discontinued at any time.
Note: The Indexed Interest is credited only at the end of a term, amounts withdrawn before the end of a term will not earn any Indexed Interest. 

Death Benefit 
The greater of the Account Value or GMSV will be paid upon the death of the owner. A spouse who is the surviving joint owner or sole surviving beneficiary may become the successor owner. 

Annuitization 
The following options are available following the first contract year: income for a fixed period, single life annuity and joint and one-half survivor. The amount used to provide annuity benefit payments will be equal to the greater of the account value (reduced by any rider fees and charges and by premium tax or other taxes not previously deducted) and the GMSV. In either case, the amount payable will be reduced by the outstanding balance of any loans. 

Free Withdrawals 
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. Free withdrawal allowance is not cumulative, and unused amounts do not carry over to the next contract year. Please note, indexed interest is credited only at the end of a term; amounts withdrawn before the end of a term will not earn any indexed interest. 

Minimum Distributions 
If your annuity is a tax-qualified contract, it must comply with the required minimum distribution rules set out in the tax qualification endorsement. Those rules generally require certain distributions to be made beginning at age 72 ½. If your illustration does not reflect these distributions, then they will reduce the contract values shown unless the required minimum distribution is satisfied from another source. In the case of an Inherited IRA, certain minimum distributions are required each year. If your illustration does not reflect these distributions, they will reduce the contract values shown. 

Loan Provision 
A loan endorsement is available for 403(b) contracts. Loans are subject to terms of the Loan Application and Agreement (TSAL2798). 
Minimum loan amount: $1,000
Minimum surrender value balance that must remain following a loan: $500 plus collateral interest on all outstanding loans on the contract. 

Allocation Accounts

Name Type Rates
1-Year Fixed Account
Fixed
4.25% Fixed
1-Year iShares US Real Estate PTP Cap
Point to Point
Annual
9% Cap
1-Year S&P 500 PTP Cap
Point to Point
Annual
8% Cap
1-Year S&P 500 Average DRC 10% PR PTP Participation Rate
Point to Point
Annual
65% Participation
1-Year First Trust Barclays Edge PTP Participation Rate
Point to Point
Annual
175% Participation

Surrender schedule

Year 1 2 3 4 5 6 7 8 9 10
Penalty 10% 9% 8% 7% 6% 5% 4% 3% 2% 1%

Riders

Name Inbuilt Fee
IncomeSecure No 0.95% annually
Inheritance Enhancer (Age 50-75) No 1.15% annually
Inheritance Enhancer (Age 76-85) No 1.15% annually

Waivers

Nursing Home

Available

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 life expectancy 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.

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