The Index Achiever Advisory registered index-linked annuity (RILA) can bring value to client portfolios by offering market-linked growth opportunity while reducing downside risk. This advisory solution offers:
- Participation in positive market performance
- Reduced downside risk with floor, buffer and downside participation rate protection measures
- No administration fees or early withdrawal charges
- A market value adjustment on indexed strategies during the first six contract years
- MVA-free withdrawals from the declared rate strategy
- Performance lock available on select strategies, allowing clients to lock in gains and limit further losses for a term
The Index Achiever Advisory registered index-linked annuity features a market value adjustment (MVA). If the contract is surrendered during the first six contract years, an MVA applies to amounts held under the indexed strategies. The MVA also applies to withdrawals from an indexed strategy during the first six contract years, including automated withdrawals and withdrawals taken to satisfy a required distribution.
The MVA depends on changes in the MVA index interest rate since the contract effective date and the amount of time remaining until the sixth contract anniversary. The MVA Index is the BofA Merrill Lynch 5-10 Year US Corporate Bond Index.
• If the MVA index interest rate has gone up, stayed the same, or decreased by less than 0.25%, then any MVA that may apply will decrease your contract values.
• If the MVA index interest rate has gone down by more than 0.25%, then any MVA that may apply will increase your contract values.
• A market value adjustment may be positive or negative. The Market Value Adjustment equals the MVA factor multiplied by the amount subject to the adjustment.
The MVA does not apply to withdrawals taken from the declared rate strategy. For contracts issued in Missouri, the MVA does not apply to withdrawals taken from the Temporary Holding Account. The MVA is not subject to a maximum or limit. (See the Index Achiever Advisory prospectus for details.)
Sales solicitations must be accompanied or preceded by a prospectus.
A prospectus may be found at www.MassMutualAscend.com/RILArates
Input the required information below to estimate the MVA for a full surrender:
The estimated MVA rate is calculated as of the date prior to the input date. The calculator determines an MVA amount based on that rate and includes the estimated MVA amount in the surrender value shown above.
The surrender value shown above is not the account value or the surrender value of any actual contract, which may be higher or lower.
To access contract value information for an in-force contract, log into MyBusiness.MassMutualAscend.com.
For producer use only. Not for use in sales solicitation.
MassMutual Ascend's registered index-linked annuities can only be sold through a Broker/Dealer that is contracted with MassMutual Ascend Life Insurance Company.
Principal Underwriter/Distributor: MM Ascend Life Investor Services, LLC, member FINRA and an affiliate of MassMutual Ascend Life Insurance Company. Product issued by MassMutual Ascend (Cincinnati, Ohio), a wholly owned subsidiary of MassMutual, under contract form P1841622NW. Contract form number may vary by state. Products and features may vary by state, and may not be available in all states. All guarantees subject to the claims-paying ability of MassMutual Ascend.
Offering advisory annuities
The Index Achiever Advisory is built for the advisory model and can be seamlessly integrated into your practice. Submitting business is easy, and with platform integrations and digital capabilities that simplify administration, our advisory solutions complement modern advisory relationships — not complicate them.
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