Our Holistic Approach

Plan Today
Prosper Tomorrow

Since our founding, MassMutual has been a leader in financial protection.

Over time, our business has grown and evolved to develop a suite of solutions that help people protect, invest in, and secure their future. Rooted in our rich history of trust and understanding, we continue to enhance the breadth and depth of our product portfolio and evolve the ways we connect with people to support them through life’s changes, meeting their needs every step of the way.

Best’s Review
Standing the Test of Time: Rated A or Higher for 75 years, August 2025

MassMutual 175th anniversary

175 Years of Purpose: Supporting Health Equity

“Health and wealth are intricately connected,” says Thea James, MD, MPH, MBA, co-executive director of Boston Medical Center’s (BMC) Health Equity Accelerator and vice president of mission in a mini documentary produced by BBC Storyworks for the WHO Foundation and funded by the MassMutual Foundation.

The video is part of Healthier Together, a series that explores untold stories of resilience, compassion, and innovation in health systems across the world, bringing them to a global audience. Internationally recognizing BMC’s commitment to health equity, the film showcases how BMC is reimagining healthcare through innovative services and programs that allow all patients to thrive, driving the future of health equity and establishing a new model that is being replicated by healthcare systems across the U.S.

The MassMutual Foundation has been a leading funder and proponent of BMC’s Health Equity Accelerator and Economic Justice Hub. Dr. James continues, “When people don’t have financial security, they cannot prioritize their health. They’re prioritizing survival.”

Protect. Invest. Secure.See footnote 33

  • Protect As a long-time leader in whole life insurance, we provide a portfolio of insurance products to help people protect the ones they love.
  • Invest Grounded in a collaborative approach, our wealth management and retirement solutions help people chart the course to a brighter tomorrow.
  • Secure Through our trusted guidance, products, and resources, we are dedicated to helping people secure their future and protect the ones they love.

Protect

Protection is core to who we are. We issued our first life insurance policy 175 years ago in Springfield, Massachusetts. Today, our business helps millions of people secure their future and protect the ones they love.

We help people insure their future through a diverse portfolio of core products and offerings, including:

  • Life Insurance

    A range of policy options designed to meet people where they are with the protection that’s right for them.

  • Disability Income Insurance

    Protection for income when people are too sick or hurt to work due to an illness, injury, or accident.

Our Enduring Strength

1851

Issued our first $1,200 life insurance policy

2025

2.3 millionSee footnote 4 policies representing nearly $1.1 trillion of life insurance protection in force

Protection at the Core

Insurance can be the foundation of a strong financial strategy. Research has shown that integrating insurance into financial and retirement planning helps to reduce risk and improve long-term outcomes.See footnote 34 But with 102 million adults estimated to be uninsured or underinsured in the U.S.,See footnote 30 there is a clear need to help more people access the protection they need.

Long the core of MassMutual, our wide range of protection products support people throughout their lives — from helping to protect a family financially due to the loss of a loved one, to growing cash value in a whole life insurance policySee footnote 35 to tap for college, to helping safeguard earnings with disability income insurance. Our financial professionals combine deep understanding of wealth management with MassMutual’s robust and reliable protection offerings, leveraging insurance to bring value to financial portfolios and help individuals protect the future of their family or business.

Protecting the Futures of All People

Since 2002, MassMutual’s LifeBridge program has provided $50,000 10‑year life insurance policies to income-eligible families, with premiums covered by MassMutual and free of charge to families. This unique program is designed specifically to help children pay for education expenses, should their insured parent or guardian pass away. LifeBridge is an essential part of how we make financial security and long-term protection accessible to more people, supporting educational futures along the way.

LifeBridge since 2002: 14K+ policies issued

$709M in coverage provided

$3.3M in paid claims

$1B coverage goal

Leading in Life Insurance

MassMutual remains a leader in whole life while enhancing and diversifying our full life insurance portfolio. Today, our suite of life insurance products meets the wide-ranging needs of individuals, regardless of life stage, income level, or investment plan, including:

  • Whole Life Provides lifetime protection with the potential to build cash value over time, help supplement retirement income, or leave a legacy.See footnote 35
  • Term Life Offers affordable coverage for a defined period of time, often for income replacement protection.
  • Universal Life Offers long-term coverage with
    flexible premiums and the potential to build account value and supplement retirement income.See footnote 35
  • Variable Universal Life Integrates investment options, flexible premiums, and long-term coverage in a single product.

In 2025, MassMutual continued to deliver strong whole life insurance sales. Late this year, we added diverse and innovative features, including a Guaranteed Issue rate class and Early Cash Surrender Value rider. For the 20th consecutive year, MassMutual delivered an industry-leading dividend interest rate,See footnote 8 supported by our excellent operating fundamentals and long-term investment approach. Our consistently strong dividend payoutSee footnote 8 reflects our unwavering commitment to policyowners who put their trust in MassMutual.

We continue to expand our insurance offerings. In 2025, we introduced two new Universal Life policies to support policyowners seeking to enhance their estate planning strategies:

  • Universal Life (UL) Guard: A flexible premium universal life policy, UL Guard is designed for clients seeking affordable, long-term protection with a guaranteed death benefit. Through UL Guard, clients can protect pre-retirement income for loved ones, provide funds for final expenses, support business continuation and succession planning, and more.
  • Survivorship UL (SUL) Guard: A permanent life insurance policy that covers two lives, SUL Guard protects the financial security of loved ones with a guaranteed solution. Like UL Guard, SUL Guard offers a tax-advantaged solution for estate planning.

Prioritizing Disability Income Insurance

An important but often overlooked part of a client’s financial plan is income protection in the event of a disabling illness, injury, or accident. As part of our holistic protection portfolio, MassMutual offers disability income insurance to help protect policyowners’ income — and the security of loved ones who depend on it — in case they are unable to work for an extended period of time.

In 2025, we increased issuance and participation limits for disability income insurance policies, helping to ensure the highest level of protection for most income earners. We continue to prioritize the growth of our disability insurance program, working with financial professionals to offer this crucial benefit as a component of a client’s holistic financial plan.

Making Life-Changing Health Insights Available to Policyowners

The MassMutual Wellness Program enables qualifying policyowners to gain knowledge about their health through a suite of tools, offerings, and research that help them make informed, proactive decisions about their health and well‑being. Through investments in industry-leading technology, we continue to grow the program, forging strategic partnerships with digital health technology companies that offer innovative wellness solutions.

Our policyowners can prioritize their physical and mental health through technology platforms and tools, including:

  • Genomics’ Health Insights™ test, an at-home genetic test that can help our customers identify their risk for common chronic conditions, including diabetes, heart disease, and certain cancers.
  • GRAIL Galleri® test, available to eligible MassMutual whole life policyowners, is a multi-cancer early detection test that can screen for a signal shared by over 50 types of cancer through a simple blood draw, including cancer types without recommended screening tests.
  • Wysa Assure, an AI-powered app that fosters self-reflection, emotional processing, and skill-building in a confidential, supportive space.

Participation in these programs is completely voluntary and available at no extra cost. Additionally, any findings have no impact on clients’ current policies or premiums, and privacy and protection are a top priority.

The Importance of Early Detection

I have to thank MassMutual for offering a test like Galleri to their people, because they really have made a difference in my life. If it weren’t for the Galleri test, I wouldn’t be able to say what I’m saying right now. Early detection is everything.”

MassMutual Policyowner, Darla, on how GRAIL’s Galleri® test helped her detect pancreatic cancer in its early stages

The Connection Between Physical and Financial Well-Being

We conducted new survey research, released in November 2025, examining the relationship between health and financial wellness, releasing the MassMutual Health & Wealth Habits Report. The survey found that Americans with strong financial habits are significantly more likely to report better physical and mental health, suggesting a powerful link between finances and well-being. This reinforces what we see across the entirety of our work at MassMutual: that when people build consistent habits and have access to the right tools, they’re more confident, resilient, and secure throughout their lives.

Invest

MassMutual has been helping people build strong financial futures from the start.

Today, we help people invest in their futures through core solutions and businesses:

  • Investment Solutions

    An open architecture investment platform that gives clients access to industry-leading asset managers and wealth management solutions.

  • Estate Planning Solutions

    Advisory services that help people secure individual and family assets with comprehensive trust and fiduciary expertise.

Our Enduring Strength

1981

Established MMLIS and began building our wealth management business

2025

A record $312 billion in AUM with MML Investors Services (MMLIS)See footnote 7

Managing the Big Financial Picture

With more than 40 years working in the wealth management space, MassMutual continues to grow our suite of investment solutions. A core element of our holistic approach, wealth management is deeply embedded in how we help people build, grow, and eventually transfer the assets they have accumulated throughout their lives. Our goal is to become the destination of choice for clients seeking holistic guidance and for financial professionals looking to serve their clients across all their unique needs.

Our spectrum of wealth management solutions meets the wide-ranging needs of people today, helping them manage key decisions throughout their lives. These solutions integrate elements of planning, protection, and investment, delivering holistic guidance and driving powerful outcomes.

Today, clients work with MassMutual to:

  • Invest their assets with products including brokerage accounts, mutual funds, exchange-traded funds, alternative investments, separately managed accounts, hedged strategies, and more.See footnote 36
  • Plan their legacies through wealth transition strategies, asset management, corporate trustee services, bill pay, trust consulting, and advanced tax strategies.See footnote 37
  • Grow their businesses through business owner and workplace solutions that support employee retirement, business lending, and wellness.

Reaching Clients with the Investment Solutions They Need

With personal investing becoming more complex than ever before, we are working to reach more Americans through MMLIS, our top-ranked independent broker-dealerSee footnote 38 and registered investment advisor. A subsidiary of MassMutual founded in 1981, MMLIS is one of the largest distributors of mutual funds, variable annuities, and variable life insurance in the U.S., representing a record $312 billion in wealth client assets.See footnote 7 By aligning insurance and retirement capabilities with our industry-leading investment advisory platform, advisors who affiliate with MMLIS deliver balanced solutions that help people invest in their future.

In 2025, we launched several new partnerships and expanded our relationships with existing strategic partners to help scale wealth management product offerings. For example, in addition to our existing advisory platform relationship with Envestnet, we added and expanded a new partnership with Orion, a premier provider of wealthtech solutions for financial professionals and enterprise firms. This additional all-in-one wealthtech platform supports our network of financial professionals through integrated, flexible investment technology that helps drive success and deliver stronger outcomes for clients.

Making Complexity Manageable

Through our federally chartered trust company, MassMutual Private Wealth & Trust, FSB, we work to help families manage the complex process of estate planning. With a $124 trillion wealth transfer on the horizon,See footnote 28 people increasingly need guidance to preserve, grow, and transfer wealth to their loved ones and the charitable causes that matter most to them.

Our advisors are committed to building lasting practices and cross-generational relationships with families managing wealth transfers. By partnering with local financial professionals, MassMutual Private Wealth & Trust supports clients through wealth management, investment management, and family office services.

GRAND PRIX

Through high-impact branding placements, including the Las Vegas Sphere, premium hospitality tickets and experiences, and an integrated marketing campaign, we positioned ourselves as a premium, trusted guide committed to helping advisors and clients navigate the fast-paced world of wealth management with confidence.

Secure

Client goals don’t exist in siloes — and neither should their financial strategy.

That’s why MassMutual brings together financial planning, tailored investment strategies, and protective solutions like insurance — all in one place to help clients secure their future. With access to a wide range of specialized knowledge and resources, our financial professionals help their clients adjust, evolve, and move forward with confidence at every stage of life.

Today, we help people secure their future through core products, services, and self-guided tools, including:

  • Financial Planning Resources

    Robust financial planning and wellness tools and resources that help people build confidence and develop long-term skills for financial health.

  • Retirement Solutions

    Products that help people build financial independence over the long term, including annuities and individual retirement accounts (IRAs).

Our Enduring Strength

1917

Offered annuity products for the first time

2025

$23.4 billion in annuity salesSee footnote 39

Helping Americans Prepare for Retirement

Against today’s backdrop of global financial uncertainty, many Americans feel unprepared for retirement. Two in five report that they do not have a retirement savings plan, and even among those who do, only half expect to have enough to live comfortably in retirement.See footnote 29 In our most recent WFSS survey, we found that older generations are especially concerned about reaching personal retirement goals, with confidence declining considerably over the last year.See footnote 40

MassMutual is committed to helping people better prepare for retirement at every life stage. Driven by our holistic approach and aligned with our protection and investment solutions, we offer a suite of retirement solutions, including annuities and IRAs.

Guaranteeing Income for Life

Through our annuity portfolio, MassMutual is working to help Americans achieve a more secure and comfortable future. Offered through MassMutual and our wholly owned subsidiary, MassMutual Ascend, our annuity products are designed to help consumers achieve their retirement savings and lifetime income goals.

Core products include

  • Deferred fixed annuities.
  • Variable annuities.
  • Fixed-indexed annuities (MassMutual Ascend only).
  • Income annuities (immediate and deferred).
  • Registered index-linked annuities (MassMutual Ascend only).
  • Advisory annuities (MassMutual Ascend only).

As a top provider of annuities, MassMutual worked to expand our solution set to give consumers more options to achieve their retirement savings, income, and legacy goals. This was done through strengthening our variable investment lineup and expanding our income and death benefit options.

Additionally, in 2025 we set the foundation for our early 2026 launch of several key enhancements to expand and diversify our variable annuity portfolio. With our suite of living benefit riders and a Highest Quarterly Value death benefit rider, we’ve improved optionality for clients and our marketability amongst distributors.

Navigating the Future with MassMutual Ascend

Our wholly owned subsidiary, MassMutual Ascend, has been crucial to the expansion of our annuities business. In 2025, we continued to optimize the growth of Ascend’s strategic, diversified annuity portfolio, utilizing technology to improve customer experience and support financial professionals. MassMutual Ascend also deepened its strategic focus on its core offering of registered index-linked annuities and advisory annuity sales. We also announced a new income rider that provides guaranteed growth of future income, helping bridge the income gap to reach retirement goals.

TOP 10 provider of annuities LIMRA Q4 2025
Individual Annuity Sales Report

MassMutual Ascend

A++ AM BestSee footnote 41

Nearly 54K new annuity contracts in 2025

$64B in gross annuity premiums over the past decade

Resources for Building Financial Confidence

In addition to the wide range of products we provide to help people secure their futures, MassMutual also offers an extensive collection of guidance, tools, and educational resources to support financial planning and long-term well-being. Our Live Mutual blog offers a financial wellness library, digging deep on an array of topics, from how to build a budget, save for retirement, launch a business, and much more.

In 2025, we deepened our focus on how to better help women build financial confidence. We conducted a Women’s Financial Confidence Study, which looked at the unique financial realities women experience, including pay disparities, caregiving demands, and gender biases within the financial industry. We found that fewer than one-third of women (30 percent) feel confident in their financial literacy, and 45 percent believe fear of making a mistake holds them back from feeling financially confident. Meanwhile, more than half (52 percent) say they do not feel supported by financial institutions.See footnote 42

In response to these findings, we launched Stay Ready with MassMutual, a collection of resources to help women feel more confident making major financial decisions. We partnered with The Athletic to feature stories of financial empowerment from three top female athletes — Flau’Jae Johnson, Christen Press, and Madison Keys. Through Stay Ready, we are working to empower more women with financial confidence and ensure that they have the institutional support they need to succeed.

  1. These are consolidated results of Massachusetts Mutual Life Insurance Company and its U.S.-domiciled life insurance subsidiaries: C.M. Life Insurance Company, MML Bay State Life Insurance Company, and MassMutual Ascend, as well as key subsidiaries, as of December 31, 2025.
  2. Total client assets represents assets for both MML Investors Services, LLC and MassMutual Private Wealth & Trust, as of December 31, 2025.
  3. Dividends and the Dividend Interest Rate (DIR) are determined annually, subject to change, and not guaranteed. Dividends for eligible participating life insurance policies primarily consist of investment, mortality, and expense components. The DIR is used to determine the investment component of the dividend. The DIR is net of investment expenses. The way companies quote and apply the DIR varies. It is not the rate of return on the policy and should not be the sole basis for comparing insurers or policy performance.
  4. Cerulli Associates, U.S. High-Net-Worth and Ultra-High-Net-Worth Markets 2024.
  5. Gallup, What Percentage of Americans Have a Retirement Savings Account, June 2025.
  6. 2024 Insurance Barometer Study, LIMRA and Life Happens.
  7. Insurance products issued by Massachusetts Mutual Life Insurance Company (MassMutual), Springfield, MA01111-0001, and its affiliated US insurance companies. Securities are offered through registered representatives of MML Investors Services, Member SIPC® and a MassMutual subsidiary, or a broker-dealer that has a selling agreement with MML Distributors, LLC (Member SIPC®) or MML Strategic Distributors, LLC, also MassMutual subsidiaries.
  8. Holistic planning: Integrating insurance products for better outcomes in retirement, EY 2025.
  9. Access to cash values through borrowing or partial surrenders for whole life, and withdrawals for universal life, will reduce the policy’s cash or account value and death benefit, increase the chance the policy will lapse, and may result in a tax liability if the policy terminates before the death of the insured.
  10. Securities offered through registered representatives of MML Investors Services, LLC, Member SIPC and FINRA and a MassMutual subsidiary, 1295 State Street, Springfield, MA 01111-0001.
  11. MassMutual Private Wealth is a marketing name for MML Investors Services, LLC and MassMutual Private Wealth & Trust, FSB, both subsidiaries of Massachusetts Mutual Life Insurance Company (MassMutual). Securities and investment advisory services are offered through MML Investors Services, LLC, Member SIPC. Trust and estate planning services are offered through MassMutual Private Wealth & Trust, FSB, a federal savings bank, 1295 State Street, Springfield, MA 01111-0001.
  12. Financial Advisor Magazine, Broker‑Dealer Rankings 2025, April 2025.
  13. This is a consolidated sales number for MassMutual and MassMutual Ascend.
  14. MassMutual Workforce Financial Stability Score (WFSS), Q2 2025.
  15. AM Best rating of “A++” (Superior affirmed on October 23, 2025). AM Best rating of “A++” is the highest of 16 ratings.
  16. “Champions of Female Financial Planning,” by MassMutual, February 21, 2025.
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