Written by Jovan Johnson, Esq., Structured Settlement & Annuity Specialist
Can You Borrow Against Your MassMutual Annuity?
Yes, you can take a loan from your MassMutual annuity if you have a tax-sheltered annuity. The minimum loan amount for MassMutual annuities is $1,000 and the maximum is $50,000. The minimum loan amount for MassMutual Ascend annuities is $500 and the maximum is $50,000.
Loan Applications
- MassMutual annuity loan application and agreement
- MassMutual Ascend annuity loan application and agreement
What is the Term for MassMutual (Ascend) Annuity Loans?
MassMutual annuity loans typically have a maximum 5-year term. Loans used to purchase a principal residence may have a maximum term length of 10 years for Flex Contracts and 15 years for Artistry Contracts. MassMutual Ascend annuity loans typically have a maximum 5-year term, but loans used to purchase a principal residence may have a maximum 30-year term.
Massachusetts Mutual Life Insurance Company Contact Information
Website: https://www.massmutual.com/retirement/annuities
MassMutual Ascend
PO Box 5420
Cincinnati OH 45201
Phone: (800) 854-3649
Fax: (800) 482-8126
MassMutual
Annuity Service Center Hub
PO Box 9067
Springfield, MA 01102-9067
Phone: (800) 272-2216
Fax (866) 329-4272
Can You Sell Your MassMutual Annuity?
Yes, you can sell rights to your MassMutual annuity. Contact us if you’re interested in receiving a lump sum for your Massachusetts Mutual investment annuity or structured settlement annuity payment rights by completing the form on this page or calling us at (877) 547-3672. Unfortunately, we do not offer annuity loans.
About the Author: Jovan Johnson, Esq. is a structured settlement & annuity specialist with 12 years of experience, based in California. He has also practiced as an attorney in consumer and small business bankruptcy and debt settlement. Annuity Freedom has been helping clients sell annuity payments since 2017.