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Best Guaranteed Annuity Rates
2-Year
5.70%
3-Year
6.25%
5-Year
6.30%
7-Year
6.00%
10-Year
5.80%

Stable Voyage (Variation States)

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Highlights

Premium Type
Single Premium
Max age Qualified
85
Minimum Contribution
$10,000
Maximum Contribution
$1,500,000
Market value adjustment
Return of premium
Free withdrawal
10%
Types of funds
Non-Qualified, 401k, Profit Sharing, IRA, Spousal IRA, Pension, IRA Rollover, 401a, IRA Transfer, SEP IRA, KEOGH, and IRA-Roth
Brochure
Open brochure
The MassMutual Stable Voyage is a single premium deferred annuity. Stable Voyage provides a guaranteed interest rate on the money that stays in your contract. The accumulation phase begins as soon as your purchase payment is applied to the annuity contract. Stable Voyage is a single premium annuity, so you cannot make multiple purchase payments into the contract.

Issue Age
(Owner only; no minimum for annuitant) 
  • Minimum: Age 18 or age of majority (19 in AL, DE, & NE) 
  • Maximum: Age 85
Funding the annuity contract
You can fund a Stable Voyage annuity contract by using a portion of your savings, or by rolling over assets from an individual retirement account (IRA) and/or an employer-sponsored plan, such as a 401(k). The minimum purchase payment is $10,000.

Window Period
(Last 30 calendar days of an existing guarantee period) 
As each guarantee period approaches its end, there is a 30-calendar-day window period. During this time you must decide whether to: 
  • Renew into a new guarantee period. Surrender charge period restarts, unless a one-year renewal is selected. 
  • Take a partial or full withdrawal (no surrender charge). 
  • Fully or partially annuitize the contract value (no surrender charge).
Free Withdrawal Provisions
The free withdrawal amount is calculated as follows: 
  • First contract year: Up to 10% of the contract value as determined at the time we process the first withdrawal request. 
  • Contract years two and later: Up to 10% of the contract value, calculated as of the last business day of the previous contract year. 
  • Required minimum distributions (RMD): For an IRA or a qualified plan, qualifying RMD amounts that exceed the free withdrawal amount are not subject to surrender charges. 
  • Unused free withdrawal amounts cannot be accumulated from year to year 
Partial Withdrawals
Minimum: $250; a minimum contract value of $7,500 is required after partial withdrawals.

Systematic Withdrawal Program
Available elections include the maximum surrender charge-free withdrawal, a specific dollar amount, a specific percentage of contract value or the current year’s interest earned.

Annuity Options
  • Annuity payment options range from income for life to payments for a specific period. 
  • Annuity payouts may begin at any time after the start of the sixth contract year (available beginning in the 13th month in FL and NY). 
Death Benefit
  • Accumulation phase: Death benefit is equal to the contract value as of the date we receive both proof of death and the beneficiary’s election of a payment method. 
  • Income phase: Death benefit is determined by the annuity option chosen. 

Find out if the Stable Voyage (Variation States) is the right product for you.

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MYGA Interest Rates

Term
Rate
Annual percentage yield (APY)
earned over the investment term
3 years 4.55%
4 years 4.65%
5 years 4.8%

Riders

No Riders for Stable Voyage (Variation States) annuity.

Waivers

Hospital

Unavailable in states: CA

If you are confined to a licensed nursing home or accredited hospital for an extended period, you can access all or a portion of your contract value without incurring surrender charges, subject to the terms of the waiver described in the contract.

Nursing Home

Unavailable in states: CA

If you are confined to a licensed nursing home or accredited hospital for an extended period, you can access all or a portion of your contract value without incurring surrender charges, subject to the terms of the waiver described in the contract. The nursing home waiver does not include home health care except by special request.

Terminal Illness

If you are diagnosed with a terminal illness after the contract issue date, this waiver allows you to withdraw all or a portion of the contract value without a surrender charge, subject to the terms of the waiver described in the contract.

Annuitization

Available 5 years from policy issue date (13 months NY & FL).

Surrender Window

As each guarantee period approaches its end, you have a 30-day window during which you must decide whether to: 1. Renew into a new guarantee period of three, four, or five years, if available at the time. A reduced surrender charge period will begin. 2. Renew into a one-year guarantee period. No surrender charge period will apply. 3. Take a partial or full withdrawal. No surrender charge period will apply. 4. Begin annuity payments. No surrender charge period will apply.

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