Massmutual Fixed Income Annuity
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But unlike with fixed and income annuity types you re responsible for deciding how the money you apply to the contract is invested typically from among a variety of underlying funds as well as fixed account investment options provided by the contract.
Massmutual fixed income annuity. Guaranteed income begins within 13 months of contract issue. When you are ready to begin receiving income you can choose from a variety of options to customize your income stream. Tax deferred growth or if a guaranteed lifetime withdrawal benefit is elected meeting predictable income goals. Massmutual annuity features policy features 5 5 massmutual s annuities are all designed to provide lifetime income after disbursement commences.
Deferred fixed annuities require a deferral period before you can begin receiving income. Massmutual its employees and. Deferred fixed variable fixed index immediate income and deferred income. Protection from market loss fixed index annuities protect contract value from market loss whether you focus on asset growth or lifetime income.
Income annuities immediate and deferred. 1 because there is no exposure to market risk your principal is protected. Interest is credited to an index account based in part on the performance of an external index.