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MassMutual Acquires Great American Life

Massachusetts Mutual Life Insurance Co. has doubled down on its retail annuities business with the latest acquisition of a major annuity provider. Last Wednesday, MassMutual announced that they would purchase Cincinnati-based Great American Life Insurance Company for $3.5 billion.  Great American, which is owned by …

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TheStreet’s Annuity Ratings: Strongest Insurers

When buying an annuity, it’s very important that the insurer providing the product is stable. Doing so minimizes the risk that you will lose part or all of your investment. Ratings are a good way to find out about a company’s strength. Here are TheStreet.com’s …

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MassMutual Suspending Sale of GMIB

MassMutual has announced that it will be suspending sales of its Guaranteed Income Plus 6 rider on December 2, 2008. Features include… -Guaranteed 6% annual compounding rate -Immediate withdrawals -Annual re-set Visit our GMIB page to learn more about the Guaranteed Income Plus 6.