Stable Voyage 4
Stable Voyage 4
Product Name
Stable Voyage 4
Annuity Type
Multi-Year Guarantee Annuity
Issuing Insurance Company and Ratings
Product Information
The Stable Voyage 4 is a deferred multi-year guarantee annuity issued by MassMutual – Massachusetts Mutual Life.
This annuity is a premium banded product. The interest rate you earn will vary depending on the amount of premium you deposit (see Rate Details below). Currently, the highest 4 year guarantee period annual yield is 4.00% on premium amounts of $100,000 – $1,500,000. This is the guaranteed annual yield, including bonuses if applicable, for the initial guarantee period term, up to the first penalty free full withdrawal window. The Stable Voyage 4 has a full penalty free withdrawal window after 4 years.
During the time in which the annuity is subject to surrender penalties, there are policy provisions that allow partial access on a penalty free basis.
Beginning with the first contract year, and each year thereafter, this annuity provides up to 10% (noncumulative) of the contract value may be withdrawn from the annuity each contract year without penalty.
This annuity also waives withdrawal penalties upon death. Your named beneficiary(ies) will receive a death benefit equal to the full accumulation value. A beneficiary may choose to receive their death benefit in either a lump sum or select an available annuitization option.
Details on additional penalty waivers can be found in the Penalty Free Withdrawal Provisions section below.
MassMutual – Massachusetts Mutual Life is rated “A++” by A.M. Best, was founded in 1851, and has over $238.8 billion in total assets.
Rate Details
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Oct 1st, 2022
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4 years
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Premium Amount: $100,000 - $1,500,000 High-Band
| Current | |
|---|---|
| 4 Year Guarantee Period Annual Yield: | 4.00% |
| Interest rate start of year 1 through end of year 4: | 4.00% |
Premium Amount: $10,000 - $99,999 Low-Band
| Current | |
|---|---|
| 4 Year Guarantee Period Annual Yield: | 3.75% |
| Interest rate start of year 1 through end of year 4: | 3.75% |
Initial Surrender Charge and MVA Periods
Early Surrender Charges: 4 years
Market Value Adjustment (MVA): N/A
Penalty Free Full Withdrawal Window Available After: 4 years
State variations may exist, refer to product disclosure for details.
Policy Details
Min Premium Non-Qualified: $10,000
Max Premium Non-Qualified: $1,500,000
Max Issue Age Non-Qualified: 85
Rate Lock on Transfers: 60 days
Death Benefit: Accumulation Value
Min Premium Qualified: $10,000
Max Premium Qualified: $1,500,000
Max Issue Age Qualified: 85
Subject to MVA: No
Income Rider Available: No
Penalty Free Withdrawal Provisions
First Year Withdrawals: 10%
Cumulative Withdrawals: No
Penalty Waivers: Death, Hospitalization, Nursing Home and Terminal Illness
Years 2+ Withdrawals: 10%
RMD Friendly: Yes
See product brochure, disclosure and riders for additional details, limitations and availability. State variations, age restrictions and holding periods may apply.
State Variations
Not available in: NY (as of 04/18/2022)
