Achieving financial security means finding the right mix of options to meet your unique needs. This quick comparison can help you determine if an annuity offers advantages that might be missing from your portfolio.

Annuities are typically used to meet long-term financial goals, while CDs and money market funds are typically used to meet shorter-term financial goals. The comparisons in this flier assume the CD and money market fund are not held in a tax-qualified account. Withdrawals and distributions from an annuity may be subject to early withdrawal charges and income tax and, for some tax qualifications, may be restricted. If withdrawals or distributions are taken from an annuity prior to age 59½, a 10% federal penalty tax may apply. Annuities and money market funds are not FDIC insured, while CDs generally are FDIC insured.

This information is not intended or written to be used as legal or tax advice. You should seek advice on legal and tax questions from an independent attorney or tax advisor. Guarantees included in annuity products issued by MassMutual Ascend Life Insurance Company are based on its claims-paying ability