The rider offers guaranteed growth of future income and flexibility in payout options, backed by strong financial ratings.
MassMutual Ascend Life Insurance Company , a subsidiary of Massachusetts Mutual Life Insurance Company, has introduced an optional income rider, Income Ascender, on its fixed-indexed annuity products . The rider provides guaranteed growth of future income while safeguarding accumulated funds A ccording to the firm, t he rider provides guaranteed growth of future income while safeguarding accumulated funds, addressing the growing demand for reliable retirement income sourc