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Through its wholly-owned subsidiary, MassMutual Ascend, the company offers a range of annuity products, including fixed, index and immediate annuity options. Pros: Good variety of annuity products.
The right annuity product can greatly enhance retirement security by guaranteeing lifetime income. Annuities lack a one-size-fits-all approach, however, and there are many varieties.
Fixed indexed annuity. With an indexed annuity, your investment tracks the rate of return on an index such as the S&P 500, which contains the stocks of hundreds of America’s top companies ...
The type of annuity you choose — fixed, variable or indexed. Current interest rates. Whether you want payments just for yourself or to continue to a spouse. Extra features you add to the annuity ...
An indexed annuity (the word equity previously tied to indexed annuities has been removed to help prevent the assumption of stock market investing being present in these products) in the United States is a type of tax-deferred annuity whose credited interest is linked to an equity index—typically the S&P 500 or international index.
What Is an Index Annuity? Index annuities–also known as indexed annuities–are a hybrid investment and insurance product that offers investment returns based on a market index, such as the S&P 500.
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