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MassMutual Introduces Variable Annuity

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NU Online News Service, Aug. 17, 2004, 3:12 p.m. EDT

Massachusetts Mutual Life Insurance Company, Springfield, Mass., has introduced the MassMutual Transitions Select variable annuity.[@@]

MassMutual has designed the product to serve consumers who are at least 5 years away from retirement.

Features include a menu of 40 investment options and a free asset-allocation program that draws on research from Kanon Bloch Carre & Company, Boston. Kanon Bloch is an independent investment consulting firm.