Forget what you think you know about annuities.
Annuities are often misunderstood, despite offering features that can be difficult to replicate with traditional investments. Learn the truth behind common annuity myths and why advisors are increasingly considering annuities as part of a broader planning strategy.
| Myth 1: | All annuities come with a commission. |
| Truth: | Advisory annuities pay 0% commission and are designed to fit within an advisory model. |
| Myth 2: | Annuities are not compatible with an RIA's platform. |
| Truth: | MassMutual Ascend has invested significant time and resources to integrate with most RIA platforms available today. Our advisory annuities can be displayed on many popular platforms that are used for portfolio management, reporting and billing. Data can also be displayed within various Turnkey Asset Management Programs (TAMPs). |
| Myth 3: | Annuities are expensive. |
| Truth: | There are no maintenance or annual fees on MassMutual Ascend’s advisory annuities. Optional riders that provide additional benefits may be available with our advisory fixed-indexed annuities for an annual charge. |
| Myth 4: | Annuities lock up clients' money. |
| Truth: | While annuities are designed to bring long-term value to a portfolio, liquidity options are available. Most annuities allow a certain percentage, typically 10%, to be withdrawn each year penalty-free. This feature may be useful for portfolio rebalancing. |
