Income 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, income annuities generally are not the best choice if having access to the money in your annuity contract is important to you.

Guaranteed Income

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

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.
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. Talk
to a MassMutual financial professional for more information.

Learn More

Why MassMutual?

About Us

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).