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Important Dates For New Business


 Please be aware our processing times have returned to normal, so we are following our typical rate lock procedures.



Fixed Annuity Decreases - Effective April 7, 2023

Cash with Application/Wire 
In order to receive the higher rate:

  • Paper applications with checks must be signed by April 6, 2023. Please note that paperwork and funds must be received by MassMutual Ascend within 7 days of the application signed date.
  • Electronic applications must be completed by April 6, 2023. Paperwork and funds must be received by MassMutual Ascend within 7 days of the date the paperwork is submitted to your back office.

Transfers and Rollovers 
In order to receive the higher rate:

  • Paper applications for transfers and rollovers signed by April 6, 2023 will have a 60-day rate hold from the date the paperwork was signed.
  • Electronic applications for transfers and rollovers completed by April 6, 2023 will have a 60-day rate hold from the date the paperwork is submitted.
For example, if the paper or electronic application is signed/completed on April 6, 2023 funds would need to be received by June 2, 2023.

Fixed-Indexed Annuity Decreases - Effective April 7, 2023

Cash with Application/Wire 
In order to receive the higher rate: 

  • Paper applications must be signed by April 6, 2023. Please note that paperwork and funds must be received by MassMutual Ascend within seven calendar days of the application signed date.
  • Electronic applications must be completed by April 6, 2023. Paperwork and funds must be received by MassMutual Ascend within seven calendar days of the date the application was submitted to your back office.

Transfers and Rollovers 
In order to receive the higher rate: 

  • Paper applications must be signed by April 6, 2023 and received within seven days of the application signed date.
  • Electronic applications must be completed by April 6, 2023 and received within seven days of the date the application was submitted to your back office.
Please refer to the table below for guidance on when funds must be received in order to receive the higher rate: 

Paper App Signed / Electronic App Submitted Funds must be received by 5:00 p.m. ET on:
On or before February 6, 2023 April 6, 2023
February 7 - February 20, 2023 April 20, 2023
February 21 - March 6, 2023 May 5, 2023 (Friday)
March 7 - March 20, 2023 May 19, 2023 (Friday)
March 21 - April 6, 2023 June 6, 2023