Investment Service and Product Launches

July 25, 2023 by Alex Ortolani

The Massachusetts Mutual Life Insurance Co. has, for the first time, added a buffer fund to its variable annuity offering to cushion downside losses with participation in potential upside gains.

The Cboe Vest U.S. Large Cap 10% Buffer Strategies VI Fund is the first buffer fund available in the MassMutual Envision Variable Annuity lineup of more than 40 funds, according to an announcement. The fund is also available to contract owners who have elected MassMutual RetirePay.

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Originally Posted at PlanSponsor on July 20, 2023 by Alex Ortolani.