Fixed Indexed Annuity

Premier Income Bonus

MassMutual Ascend Life Insurance Company

8.5%

Best Cap

10%

Free W/D

Jurisdictions

Product data status: May 29, 2026

Rates, state availability, rider terms, and contract language must be confirmed with a licensed financial advisor or insurance professional before purchase. Guarantees are backed by the issuing insurer.

Live product data

Rates as of May 29, 2026, based on the latest AdvisorWorld scan of CANNEX data.

GLWB lifetime withdrawal rate

4.5% lifetime payout

A seven-year income-rider fixed indexed annuity from a dual-agency-rated US carrier, with an optional GLWB rider built around a 10-year deferral story — published withdrawal-base roll-up, income-bonus credit applied to the withdrawal base, and a contractually guaranteed lifetime withdrawal rate scaling by age and deferral.

1.15% annual rider feeRMD-friendly income ridersAdvisorWorld + CANNEX data

Best fit

Income-focused buyers who can defer at least the full rider-defined deferral window before turning income on, who want a contractually guaranteed lifetime withdrawal rate amplified by a withdrawal-base roll-up and income-bonus credit, and who accept the ongoing rider fee in exchange for the lifetime-payout guarantee.

AM Best

A++ Superior

Surrender period

7 years

Free withdrawal

10%/yr

Availability

49 jurisdictions (excl. New York, Washington)

Featured crediting strategies

Caps, participation rates, and declared rates are shown separately.

Index / strategyRate mechanicsTermPremium

S&P 500

S&P 500 Index

8.5% cap rate

Rate varies by premium band.

1-year term

Up to $150,000

Fixed Account

4.3% declared rate

Rate varies by premium band.

1-year term

Up to $150,000

+ 5 volatility-controlled index options (S&P 500, iShares US, S&P U.S....)

Lifetime Income Riders

Income rider

Premier Income Bonus Rider

RMD friendly

Lifetime payout rate4.5% lifetime payout

Annual rider fee1.15% annual rider fee

Product analyst notes

How to think about this contract

Why it can stand out

Carries the Premier Income Bonus Rider, a GLWB rider with a published withdrawal-base roll-up over a 10-year deferral window and an income-bonus credit applied to the withdrawal base — the rider is built around a multi-year deferral story rather than turn-on-immediately income.
A.M. Best Superior plus Standard & Poor's Strong — dual-agency financial-strength corroboration behind a seven-year income-rider FIA, rather than a single-source view.
Crediting menu pairs a recognizable S&P 500 annual point-to-point cap with volatility-controlled indexes (S&P 500 Average Daily Risk Control, S&P U.S. Retiree Spending) and an iShares US Real Estate ETF option on the account-value side, so buyers can hold a like-for-like S&P comparison alongside alternative crediting mechanics that back rider charges.
Seven-year declining surrender ladder steps down each year — a buyer who needs partial liquidity in the back half of the contract beyond the free-withdrawal allowance faces a smaller charge than in years one through three.

What to confirm

The Premier Income Bonus Rider carries an ongoing rider fee deducted from the account value. A buyer who never turns income on still pays the rider fee for as long as the rider is attached — the lifetime-income story only delivers value if the buyer expects to actually defer and then elect income on this rider.
Rider rates scale by deferral years and issue age — the figure in the headline reflects the highest currently published variant on this filing and is not a contractual promise of what a specific buyer at a specific age will receive. The 10-year deferral profile typically carries the highest rate; an immediate-income election typically carries the lowest.
The 'Income Bonus' in the product name is a rider-side credit on the withdrawal base, not a premium bonus on the account value. The live feed shows no premium bonus on the account-value side — buyers comparing to true premium-bonus FIAs (those with a day-one credit applied to the account value itself) should recognize the distinction.
The First Trust Barclays Edge Index and the volatility-controlled indexes on the account-value menu are proprietary participation-rate strategies not directly comparable to an S&P 500 cap; evaluate each on its own back-tested behavior. State availability on this filing reads slightly below the full national footprint visible on most siblings — confirm coverage in your state before applying.

Not ideal for

Accumulation-focused buyers who would rather skip the rider fee and let the account value grow on the cap alone, buyers who need immediate income with no deferral, buyers expecting a day-one premium bonus on the account-value side (this contract publishes none), or buyers who prefer a MYGA-style declared rate with no rider mechanics.

All crediting strategies

View rate listings (14 rows)

These are the current crediting strategy listings returned for this product. Use the filters to narrow by index, term, premium band, or rate type.

Par: 70% · 1-yr

S&P 500 Average Daily Risk Control Price Return Index

participation