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Retirement

Variable Annuities

Income annuities are designed to provide guaranteed income, rather than to help you accumulate retirement savings. Immediate income annuities guarantee income that begins within 13 months of contract issue in exchange for a single purchase payment. Deferred income annuities guarantee future income and generally allow you to make multiple purchase payments over time (with some restrictions). Since they provide limited or no liquidity, guaranteed income annuities generally are not the best choice if having access to the money in your annuity contract is important to you.

Guaranteed Income Annuity Features and Benefits

Guaranteed Income

Income annuities can provide guaranteed income for life. Some income annuities start paying income right away; others provide guaranteed income in the future.

Death Benefit

Deferred income annuities typically provide a death benefit before annuity payments begin. Whether an income annuity provides a death benefit after annuity payments begin depends upon the annuity option you choose.

Income Options

There are many factors to consider, including when you need income to begin, whether you need income for a single person or two (a spouse), and whether beneficiary protection is important to you.

View Product/Fund Performance and Regulatory Documents

1There is no additional tax-deferral provided when an annuity contract is used to fund a tax-qualified retirement plan. Investors should only buy an annuity contract for the annuity’s additional features, such as lifetime income payments, living benefits and/or death benefit protection.

2 Guarantees are based on the claims-paying ability of the issuing company.

Retirement

Does an annuity fit
your retirement goals?

Annuities may provide you with an additional source
of reliable income now, in retirement, or in the future.

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Annuities

A longer lifespan can translate into a longer retirement, so your savings may have to go further and last longer. Annuities are one of the few sources of retirement income that can guarantee income for life.

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Insurance products issued by Massachusetts Mutual Life Insurance Company (MassMutual) (Springfield, MA 01111 0001) and its subsidiaries, C.M. Life Insurance Company and MML Bay State Life Insurance Company (Enfield, CT 06082).