Massachusetts Mutual Variable Annuity Separate Account 4
04/24/2026 | Press release | Distributed by Public on 04/24/2026 13:05
Updating Summary Prospectus (Form 497VPU)
MassMutual Transitions SelectSM II Variable Annuity
Issued by Massachusetts Mutual Life Insurance Company
Massachusetts Mutual Variable Annuity Separate Account 4
Updating Summary Prospectus - April 27, 2026
This Summary Prospectus summarizes key features of the MassMutual Transitions SelectSM II Variable Annuity (Contract), an individual deferred variable annuity contract issued by Massachusetts Mutual Life Insurance Company (''MassMutual®,'' ''Company,'' ''we,'' ''us'').
The statutory prospectus for the MassMutual Transitions Select II Variable Annuity contains more information about the Contract, including its features, benefits, and risks. You can find the current statutory prospectus and other information about the Contract online at www.MassMutual.com/Transitions-Select-II. You can also obtain this information at no cost by calling (866) 645-2362 or sending an email request to [email protected].
Additional information about certain investment products, including variable annuities, has been prepared by the Securities and Exchange Commission staff and is available at www.investor.gov.
The Securities and Exchange Commission has not approved or disapproved these securities or passed upon the adequacy of this Summary Prospectus. Any representation to the contrary is a criminal offense.
1
Table of Contents
|
Glossary |
2 |
|
Updated Information About Your Contract |
4 |
|
Important Information You Should Consider About the |
6 |
|
Appendix A - Investment Options Available Under the |
11 |
|
Appendix B - Funds Available When the GMAB is in |
16 |
Glossary
Accumulation Phase. Begins on the date the Contract is issued and ends on the date the Owner applies the full Contract Value to an Annuity Option or upon Contract termination.
Annuity Options. Options available for Annuity Payments.
Annuity Payments. Series of payments made pursuant to the Annuity Option(s) elected.
Contingent Deferred Sales Charge (CDSC). A charge that may be assessed against each Purchase Payment withdrawn from the Contract. (In some states referred to as surrender charge.)
Contract. The MassMutual Transitions Select II Variable Annuity; an individual flexible premium deferred variable annuity
contract.
Contract Anniversary. An anniversary of the Issue Date of the Contract.
Contract Value. The sum of your values in the Sub-Accounts and the DCA Fixed Account during the Accumulation Phase.
Contract Year. The first Contract Year is the annual period which begins on the Issue Date and ends on the last calendar day before the first Contract Anniversary. Subsequent Contract Years begin on subsequent Contract Anniversaries.
DCA Fixed Account. The DCA Fixed Account, which is part of the General Account, is a fixed account from which assets are systematically transferred to any Sub-Accounts you select.
Fund(s). The investment entities into which the assets of the Separate Account will be invested.
General Account. The Company's General Investment Account, which supports the Company's annuity and insurance obligations. The General Account's assets include all the assets of the Company with the exception of the Separate Account and the Company's other segregated asset accounts.
Guaranteed Minimum Accumulation Benefit (GMAB). For Contracts applied for prior to June 12, 2017, the GMAB was an optional benefit available for an additional cost at the time you purchased your Contract. This feature guarantees a minimum amount for your Contract Value at the end of the benefit period. There are two options which feature different benefit periods (12-Year and 20-Year).
Joint Owner. A person entitled to ownership rights under the Contract.
Owner. The person(s) or entity entitled to ownership rights under the Contract. We allow multiple Owners, subject to certain restrictions (see ''Ownership''). Where we describe multiple Owners, we refer to them as Joint Owners.
Premium Tax. A tax imposed by certain states and other jurisdictions when a Purchase Payment is made, when Annuity Payments begin, or when Contract Value is withdrawn.
Purchase Payment(s). Any amount paid to us by you or on your behalf with respect to the Contract during the Accumulation Phase, which may be decreased by the assessment of any applicable Premium Tax.
Qualified Contract. Your Contract is referred to as a Qualified Contract if it is used to fund a qualified plan such as an Individual Retirement Annuity (IRA), Roth IRA, or a corporate pension and profit-sharing plan (including 401(k) plans and H.R. 10 plans). For information on the types of qualified plans for which the Contract is available, see ''Taxes - Qualified Contracts.''
2
Separate Account. The account that holds the assets underlying the Contract that are not allocated to the DCA Fixed Account. The assets of the Separate Account are kept separate from the assets of the General Account and the Company's other separate accounts.
Sub-Account(s). The Separate Account assets are divided into Sub-Accounts. The assets of each Sub-Account will be invested in the shares of a single Fund.
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Updated Information About Your Contract
The information in this Updating Summary Prospectus is a summary of certain Contract features that have changed since April 28, 2025. This may not reflect all changes that have occurred since you purchased your Contract.
Fund Substitutions
|
Existing Fund (Share Class) |
Replacement Fund (Share Class) |
|
Invesco V.I. Discovery Mid Cap Growth Fund (Series II) |
MML Invesco Discovery Mid Cap Fund (Service Class I) |
|
Invesco V.I. Main Street Fund® (Series II) |
MML Fundamental Equity Fund (Service Class I) |
Fund Name Changes
|
Current Fund Name |
New Fund Name |
|
Invesco Oppenheimer V.I. International Growth Fund |
Invesco V.I. International Growth Fund |
|
Macquarie VIP Asset Strategy Series |
Nomura VIP Asset Strategy Series |
|
MML Aggressive Allocation Fund |
MML VIP Aggressive Allocation Fund |
|
MML American Funds Core Allocation Fund |
MML VIP American Funds 65/35 Allocation Fund |
|
MML American Funds Growth Fund |
MML VIP American Funds Growth Fund |
|
MML Balanced Allocation Fund |
MML VIP Balanced Allocation Fund |
|
MML Blend Fund |
MML VIP BlackRock® Balanced Fund |
|
MML Blue Chip Growth Fund |
MML VIP T. Rowe Price Blue Chip Growth Fund |
|
MML Conservative Allocation Fund |
MML VIP Conservative Allocation Fund |
|
MML Equity Fund |
MML VIP Franklin Templeton Equity Fund |
|
MML Equity Income Fund |
MML VIP T. Rowe Price Equity Income Fund |
|
MML Fundamental Equity Fund |
MML VIP Invesco Main Street Equity Fund |
|
MML Global Fund |
MML VIP Invesco Global Fund |
|
MML Growth Allocation Fund |
MML VIP Growth Allocation Fund |
|
MML Inflation-Protected and Income Fund |
MML VIP Barings Inflation-Protected and Income Fund |
|
MML International Equity Fund |
MML VIP MFS International Equity Fund |
|
MML Invesco Discovery Mid Cap Fund |
MML VIP Invesco Discovery Mid Cap Fund |
|
MML Large Cap Growth Fund |
MML VIP Loomis Sayles Large Cap Growth Fund |
|
MML Managed Bond Fund |
MML VIP Barings Core Bond Fund |
|
MML Managed Volatility Fund |
MML VIP JPMorgan U.S. Research Enhanced Equity Fund |
|
MML Mid Cap Growth Fund |
MML VIP T. Rowe Price Mid Cap Growth Fund |
|
MML Mid Cap Value Fund |
MML VIP American Century Mid Cap Value Fund |
|
MML Moderate Allocation Fund |
MML VIP Moderate Allocation Fund |
|
MML Short-Duration Bond Fund |
MML VIP Barings Short-Duration Bond Fund |
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|
Current Fund Name |
New Fund Name |
|
MML Small Cap Equity Fund |
MML VIP Invesco Small Cap Equity Fund |
|
MML Small Cap Growth Equity Fund |
MML VIP Wellington Small Cap Growth Equity Fund |
|
MML Small Company Value Fund |
MML VIP American Century Small Company Value Fund |
|
MML Total Return Bond Fund |
MML VIP Fidelity Institutional AM® Core Plus Bond Fund |
|
MML U.S. Government Money Market Fund |
MML VIP Barings U.S. Government Money Market Fund |
Sub-Adviser Changes
FIAM LLC replaced Metropolitan West Asset Management, LLC as the sub-adviser to the MML VIP Fidelity Institutional AM® Core Plus Bond Fund (formerly MML Total Return Bond Fund).
Harris Associates L.P. no longer serves as a sub-adviser to the MML VIP MFS International Equity Fund (formerly MML International Equity Fund).
J.P. Morgan Investment Management Inc. replaced Gateway Investment Advisers, LLC as the subadviser to the MML VIP JPMorgan U.S. Research Enhanced Equity Fund (formerly MML Managed Volatility Fund).
Nomura Investment Management Austria Kapitalanlage AG and Macquarie Investment Management Global Limited will now serve as the sub-advisers to the Nomura VIP Asset Strategy Series (formerly Macquarie VIP Asset Strategy Series).
Updates to Annual Contribution Levels
Annual contribution limits for certain Qualified Contracts have been updated.
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Important Information You Should Consider About the Contract
|
FEES, EXPENSES, AND ADJUSTMENTS |
LOCATION IN PROSPECTUS |
|||
|
Are There Charges or Adjustments for Early Withdrawals? |
Yes. If you withdraw money from your B-Share Contract within seven years following your last Purchase Payment, you may be assessed a Contingent Deferred Sales Charge (CDSC) of up to 7% of the Purchase Payment withdrawn (less a 10% free withdrawal amount), declining to 0% after the seventh year. |
Charges and Deductions - Contingent Deferred Sales Charge (CDSC) |
||
|
Are There Transaction Charges? |
No. Currently, we do not assess a charge to transfer Contract Value among the investment options during the Accumulation Phase. However, we reserve the right to charge $20 per transfer in excess of 12 in a single calendar year. |
Charges and Deductions - Transfer Fee |
||
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|
FEES, EXPENSES, AND ADJUSTMENTS |
LOCATION IN PROSPECTUS |
|||
|
Are There Ongoing Fees and Expenses? |
Yes. The table below describes the fees and expenses that you may pay each year, depending on the investment options and optional benefits you choose. Please refer to your Contract specifications page(s) for information about the specific fees you will pay each year based on the options you have elected. |
Charges and Deductions |
||
|
Annual Fee |
Minimum |
Maximum |
||
|
Base Contract |
||||
|
B-Share Contract |
1.33%(1) |
1.33%(1) |
||
|
L-Share Contract |
1.68%(1) |
1.68%(1) |
||
|
Investment options |
0.52%(2) |
1.43%(2) |
||
|
Optional benefits available for an additional charge (for a single optional benefit, if elected) |
1.40%(3) |
1.40%(4) |
||
|
Because your Contract is customizable, the choices you make affect how much you will pay. To help you understand the cost of owning your Contract, the following table shows the lowest and highest cost you could pay each year, based on current charges. This estimate assumes that you do not take withdrawals from the Contract, which could result in the assessment of CDSCs that substantially increase costs. |
||||
|
Lowest Annual Cost: |
Highest Annual Cost:(5) |
|||
|
B-Share Contract: $1,604 |
B-Share Contract: $3,112 |
|||
|
Assumes:
Investment of $100,000
5% annual appreciation
Least expensive combination of Contract Share Class and Fund fees and expenses
No optional benefits
No CDSC
No additional Purchase Payments, transfers, or withdrawals |
Assumes:
Investment of $100,000
5% annual appreciation
Most expensive combination of Contract Share Class, optional benefits and Fund fees and expenses
No CDSC
No additional Purchase Payments, transfers, or withdrawals |
|||
| (1) | Represents the mortality and expense risk charge and administrative charge (charged as a percentage of average account value in the Separate Account on an annualized basis) and the annual contract maintenance charge (a fixed dollar amount that may be waived for certain Contract Value amounts) collected during the Contract Year that are attributable to the Contract divided by the total average net assets that are attributable to the Contract. |
| (2) | As a percentage of Fund assets. |
| (3) | This charge is the lowest current charge for the optional benefit available with this contract. It is the current charge for the 12-Year GMAB. The charge is a percentage of the GMAB Amount. |
| (4) | This charge is the highest current charge for the optional benefit available with this contract. It is the current charge for the 12-Year GMAB. The charge is a percentage of the GMAB Amount. |
| (5) | The calculation of the highest annual cost assumes election of the 12-Year GMAB. |
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|
RISKS |
LOCATION IN PROSPECTUS |
|||
|
Is There a Risk of Loss from Poor Performance? |
Yes. You can lose money by investing in this Contract, including loss of principal. |
Principal Risks of Investing in the Contract |
||
|
Is This a Short-Term Investment? |
No.
This Contract is not designed for short-term investing and is not appropriate for an investor who needs ready access to cash.
CDSCs may apply for up to seven years (for B-Share Contracts) or four years (for L-Share Contracts) following your last Purchase Payment.
If CDSCs apply, they will reduce the value of your Contract if you withdraw money during that time. The benefits of tax deferral also mean the Contract is more beneficial to investors with a long time horizon.
Withdrawals may result in income taxes and premature distribution taxes. |
Principal Risks of Investing in the Contract |
||
|
What are the Risks Associated with the Investment Options? |
An investment in this Contract is subject to the risk of poor investment performance of the Funds you choose and can vary depending upon the performance of the Funds available under the Contract.
Each Fund and fixed account has its own unique risks.
You should review the investment options, including prospectuses for the available Funds and the terms of any fixed account, before making an investment decision. |
Principal Risks of Investing in the Contract |
||
|
What are the Risks Related to the Insurance Company? |
Any obligations (including under any fixed account), guarantees, and benefits of the Contract are subject to the claims-paying ability of MassMutual. If MassMutual experiences financial distress, it may not be able to meet its obligations to you. More information about MassMutual, including its financial strength ratings, is available at www.MassMutual.com/ratings. |
Principal Risks of Investing in the Contract |
||
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|
RESTRICTIONS |
LOCATION IN PROSPECTUS |
|||
|
Are There Restrictions on the Investment Options? |
Yes.
Currently, there is no charge when you transfer Contract Value among Sub-Accounts. However, we reserve the right to charge $20 per transfer in excess of 12 in a single calendar year.
We reserve the right to remove or substitute Funds as investment options that are available under the Contract.
We reserve the right to limit transfers if frequent or large transfers occur.
We reserve the right to reject subsequent Purchase Payments into the DCA Fixed Account to establish a DCA Fixed Account Term or into a current DCA Term.
Your Contract will be subject to investment allocation restrictions while the GMAB is in effect. |
General Information about Massachusetts Mutual Life Insurance Company, the Separate Account and the Investment Options - The Funds |
||
|
Are There Any Restrictions on Contract Benefits? |
Yes.
We no longer offer the GMAB, either the 12-Year Benefit or 20-Year Benefit, as an optional benefit.
If you purchased a GMAB, either the 12-Year Benefit or 20-Year Benefit, while the GMAB is in effect, you cannot participate in the Automatic Rebalancing Program, the Automatic Investment Plan, the Separate Account Dollar Cost Averaging Program, or the DCA Fixed Account.
Your Contract will be subject to investment allocation restrictions while the GMAB is in effect. This means you will be limited in your choice of Sub-Account investments and may be limited in how much you can invest in certain Sub-Accounts. This also means you will not be able to allocate Contract Value to all of the Sub-Accounts that are available to Owners who have not elected a GMAB. We impose allocation restrictions to reduce the risk of investment losses that may require us to use our General Account assets to honor the guarantee under the GMAB.
If you purchased a GMAB and elected the Custom Allocation Choice Select Program, while the GMAB is in effect, you agree to authorize us to automatically rebalance your Contract Value among the Sub-Accounts available under the Program on a periodic basis to continue to follow the Custom Allocation Choice Select Program investment parameters.
Withdrawals will negatively impact the GMAB Amount. |
Guaranteed Minimum Accumulation Benefit (GMAB) |
||
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|
TAXES |
LOCATION IN PROSPECTUS |
|||
|
What are the Contract's Tax Implications? |
You should consult with a tax professional to determine the tax implications of an investment in and payments received under the Contract.
If your Contract is funding a qualified retirement plan or individual retirement annuity (IRA), you do not receive any additional tax deferral.
Earnings on your Contract are taxed at ordinary income tax rates when you withdraw them, and you may have to pay an additional income tax if you take a withdrawal before age 59½. Earnings for this purpose consist of Contract Value in excess of your after-tax investment (cost basis) in the Contract. |
Taxes |
||
|
CONFLICTS OF INTEREST |
LOCATION IN PROSPECTUS |
|||
|
How are Investment Professionals Compensated? |
Your registered representative may receive compensation, in the form of commissions, for selling this Contract to you. If your registered representative is also a MassMutual insurance agent, they are also eligible for certain cash and non-cash benefits from MassMutual. Cash compensation includes bonuses and allowances based on factors such as sales, productivity and persistency (contract retention). Non-cash compensation includes various recognition items such as prizes and awards as well as attendance at, and payment of the costs associated with attendance at, conferences, seminars and recognition trips, and also includes contributions to certain individual plans such as pension and medical plans. Sales of the Contract may help these registered representatives and their supervisors qualify for such benefits.
This conflict of interest may influence your registered representative to offer or recommend this Contract over another investment. |
Distribution |
||
|
Should I Exchange my Contract? |
In general you should be aware that some investment professionals may have a financial incentive to offer you a new contract in place of the one you already own. Thus, in general, you should only exchange your annuity contract if you determine, after comparing the features, fees, and risks of both contracts, and any fees or penalties to terminate your existing contract, that it is preferable for you to purchase the new annuity rather than continue to own the existing annuity. |
N/A |
||
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Appendix A
Investment Options Available Under the Contract
Funds Available Under the Contract
The following is a list of Funds currently available under the Contract. The list of Funds is subject to change, as discussed in the prospectus for the Contract. While the GMAB is in effect, the Funds available to you are restricted. See "Appendix B - Funds Available When the GMAB is in Effect" for information regarding the allocation restrictions associated with participation in Guaranteed Minimum Accumulation Benefit (GMAB). Before you invest, you should review the prospectuses for the Funds. These prospectuses contain more information about the Funds and their risks and may be amended from time to time. You can find the prospectuses and other information about the Funds online at www.MassMutual.com/Transitions-Select-II. You can also request this information at no cost by calling (866) 645-2362 or sending an email request to [email protected].
The current expenses and performance information below reflects fees and expenses of the Funds, but does not reflect the other fees and expenses that your Contract may charge. Expenses would be higher and performance would be lower if these charges were included. Each Fund's past performance is not necessarily an indication of future performance.
|
Fund Type |
Fund and Adviser/Sub-Adviser |
Current Expenses (expenses/ average assets) |
Average Annual Total Returns |
||
|
1 Year |
5 Year |
10 Year |
|||
|
Asset Allocation |
MML VIP Aggressive Allocation Fund (Service Class)(1)(2) |
1.23
%
|
13.91
%
|
8.11
%
|
9.26
%
|
|
Asset Allocation |
MML VIP American Funds 65/35 Allocation Fund |
1.02
%
|
14.54
%
|
7.37
%
|
8.39
%
|
|
Asset Allocation |
MML VIP Balanced Allocation Fund (Service Class)(1)(4) |
1.11
%
|
10.80
%
|
4.49
%
|
6.06
%
|
|
Asset Allocation |
MML VIP Conservative Allocation Fund (Service Class)(1)(5) |
1.08
%
|
9.98
%
|
3.73
%
|
5.33
%
|
|
Asset Allocation |
MML VIP Growth Allocation Fund (Service Class)(1)(6) |
1.15
%
|
12.60
%
|
6.78
%
|
8.10
%
|
|
Asset Allocation |
MML VIP Moderate Allocation Fund (Service Class)(1)(7) |
1.12
%
|
11.57
%
|
5.46
%
|
6.81
%
|
|
Money Market |
MML VIP Barings U.S. Government Money Market Fund |
0.52
%
|
3.80
%
|
2.87
%
|
1.80
%
|
|
Fixed Income |
Invesco V.I. Global Strategic Income Fund (Series II) |
1.20
%
(*)
|
12.75
%
|
1.39
%
|
2.76
%
|
|
Fixed Income |
MML VIP Barings Core Bond Fund (Service Class)(10) |
0.70
%
|
7.59
%
|
0.23
%
|
2.38
%
|
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|
Fund Type |
Fund and Adviser/Sub-Adviser |
Current Expenses (expenses/ average assets) |
Average Annual Total Returns |
||
|
1 Year |
5 Year |
10 Year |
|||
|
Fixed Income |
MML VIP Barings Inflation-Protected and Income Fund |
0.90
%
|
5.57
%
|
0.85
%
|
2.89
%
|
|
Fixed Income |
MML VIP Barings Short-Duration Bond Fund (Service Class I)(12) |
0.84
%
|
5.76
%
|
2.30
%
|
2.31
%
|
|
Fixed Income |
MML VIP Fidelity Institutional AM® Core Plus Bond Fund |
0.86
%
|
7.03
%
|
-1.10
%
|
1.58
%
|
|
Balanced |
MML VIP BlackRock® Balanced Fund (Service Class)(1)(14) |
0.76
%
|
12.56
%
|
7.59
%
|
8.93
%
|
|
Large Cap Value |
MML Income & Growth Fund (Service Class) |
0.97
%
|
13.11
%
|
12.07
%
|
10.45
%
|
|
Large Cap Value |
MML VIP Franklin Templeton Equity Fund (Service Class)(15) |
0.69
%
|
17.20
%
|
13.47
%
|
10.96
%
|
|
Large Cap Value |
MML VIP T. Rowe Price Equity Income Fund (Service Class)(16) |
1.04
%
|
14.10
%
|
10.83
%
|
10.24
%
|
|
Large Cap Blend |
Fidelity® VIP Contrafund® Portfolio (Service Class 2) |
0.79
%
|
21.19
%
|
15.08
%
|
15.48
%
|
|
Large Cap Blend |
MML Focused Equity Fund (Service Class I) |
1.15
%
|
7.75
%
|
8.48
%
|
12.23
%
|
|
Large Cap Blend |
MML Sustainable Equity Fund (Service Class) |
0.81
%
|
11.32
%
|
11.66
%
|
12.71
%
|
|
Large Cap Blend |
MML VIP Invesco Main Street Equity Fund (Service Class I)(17) |
1.05
%
|
15.90
%
|
12.21
%
|
14.17
%
|
|
Large Cap Blend |
MML VIP JPMorgan U.S. Research Enhanced Equity Fund |
1.02
%
|
10.32
%
|
6.79
%
|
5.84
%
|
|
Large Cap Growth |
MML VIP American Funds Growth Fund (Service Class I)(19)(20)(21) |
1.02
%
|
19.66
%
|
12.89
%
|
17.47
%
|
|
Large Cap Growth |
MML VIP Loomis Sayles Large Cap Growth Fund |
0.95
%
|
14.74
%
|
14.67
%
|
16.05
%
|
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|
Fund Type |
Fund and Adviser/Sub-Adviser |
Current Expenses (expenses/ average assets) |
Average Annual Total Returns |
||
|
1 Year |
5 Year |
10 Year |
|||
|
Large Cap Growth |
MML VIP T. Rowe Price Blue Chip Growth Fund (Service Class)(23) |
1.03
%
|
18.19
%
|
10.81
%
|
14.97
%
|
|
Small/Mid-Cap Value |
MML Small/Mid Cap Value Fund (Service Class) |
1.07
%
|
2.17
%
|
8.41
%
|
8.42
%
|
|
Small/Mid-Cap Value |
MML VIP American Century Mid Cap Value Fund (Service Class)(24) |
1.14
%
|
8.62
%
|
8.51
%
|
8.86
%
|
|
Small/Mid-Cap Value |
MML VIP American Century Small Company Value Fund |
1.24
%
(*)
|
-3.60
%
|
4.90
%
|
8.28
%
|
|
Small/Mid-Cap Blend |
MML VIP Invesco Small Cap Equity Fund (Service Class)(26) |
0.96
%
|
8.59
%
|
8.11
%
|
10.46
%
|
|
Small/Mid-Cap Growth |
MML VIP Invesco Discovery Mid Cap Fund (Service Class I)(27) |
1.10
%
(*)
|
- |
- |
- |
|
Small/Mid-Cap Growth |
MML VIP T. Rowe Price Mid Cap Growth Fund (Service Class)(28) |
1.07
%
|
4.10
%
|
3.56
%
|
9.66
%
|
|
Small/Mid-Cap Growth |
MML VIP Wellington Small Cap Growth Equity Fund |
1.30
%
(*)
|
7.07
%
|
2.41
%
|
10.32
%
|
|
International/Global |
Invesco V.I. International Growth Fund (Series II)(30) |
1.25
%
(*)
|
15.53
%
|
1.88
%
|
5.34
%
|
|
International/Global |
MML Foreign Fund (Service Class) |
1.17
%
|
32.36
%
|
8.76
%
|
6.46
%
|
|
International/Global |
MML VIP Invesco Global Fund (Service Class I)(31) |
1.06
%
|
22.69
%
|
7.24
%
|
9.68
%
|
|
International/Global |
MML VIP MFS International Equity Fund (Service Class I)(32) |
1.18
%
(*)
|
25.20
%
|
7.07
%
|
6.97
%
|
|
Specialty(33) |
Nomura VIP Asset Strategy Series (Service Class)(34) |
0.77
%
(*)
|
16.66
%
|
7.07
%
|
7.84
%
|
| Fidelity, Contrafund and Fidelity Institutional AM are registered service marks of FMR LLC. Used with permission. |
| (*) | This Fund is subject to an expense reimbursement or fee waiver arrangement. As a result, this Fund's annual expenses reflect temporary expense reductions. See the Fund prospectus for additional information. |
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| (1) | These are fund-of-funds investment choices. They are known as fund-of-funds because they invest in other underlying funds. A fund offered in a fund-of-funds structure may have higher expenses than a direct investment in its underlying funds because a fund-of-funds bears its own expenses and indirectly bears its proportionate share of expenses of the underlying funds in which it invests. |
| (2) | MML VIP Aggressive Allocation Fund formerly known as MML Aggressive Allocation Fund. |
| (3) | MML VIP American Funds 65/35 Allocation Fund formerly known as MML American Funds Core Allocation Fund. |
| (4) | MML VIP Balanced Allocation Fund formerly known as MML Balanced Allocation Fund. |
| (5) | MML VIP Conservative Allocation Fund formerly known as MML Conservative Allocation Fund. |
| (6) | MML VIP Growth Allocation Fund formerly known as MML Growth Allocation Fund. |
| (7) | MML VIP Moderate Allocation Fund formerly known as MML Moderate Allocation Fund. |
| (8) | You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund's sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time. The yield of this Fund may become very low during periods of low interest rates. After deduction of Separate Account charges, the yield in the division that invests in this Fund could be negative. |
| (9) | MML VIP Barings U.S. Government Money Market Fund formerly known as MML U.S. Government Money Market Fund. |
| (10) | MML VIP Barings Core Bond Fund formerly known as MML Managed Bond Fund. |
| (11) | MML VIP Barings Inflation-Protected and Income Fund formerly known as MML Inflation-Protected and Income Fund. |
| (12) | MML VIP Barings Short-Duration Bond Fund formerly known as MML Short-Duration Bond Fund. |
| (13) | MML VIP Fidelity Institutional AM® Core Plus Bond Fund formerly known as MML Total Return Bond Fund. |
| (14) | MML VIP BlackRock® Balanced Fund formerly known as MML Blend Fund. |
| (15) | MML VIP Franklin Templeton Equity Fund formerly known as MML Equity Fund. |
| (16) | MML VIP T. Rowe Price Equity Income Fund formerly known as MML Equity Income Fund. |
| (17) | MML VIP Invesco Main Street Equity Fund formerly known as MML Fundamental Equity Fund. |
| (18) | MML VIP JPMorgan U.S. Research Enhanced Equity Fund formerly known as MML Managed Volatility Fund. |
| (19) | The Fund is a "feeder" fund, meaning that it does not buy investment securities directly, but instead invests in shares of a corresponding "master" fund, which in turn purchases investment securities. A fund offered in a master feeder structure may have higher expenses than those of a fund which invests directly in securities because the "feeder" fund bears its own expenses in addition to those of the "master" fund. You should read the Fund prospectuses for more information about this "feeder" fund. |
| (20) | The MML VIP American Funds Growth Fund invests all of its assets in the Class 1 shares of the American Funds Insurance Series® - Growth Fund. However, this Fund is not available directly as an investment choice under your MassMutual variable product. You should read the prospectus along with the prospectus for the MML VIP American Funds Growth Fund. |
| (21) | MML VIP American Funds Growth Fund formerly known as MML American Funds Growth Fund. |
| (22) | MML VIP Loomis Sayles Large Cap Growth Fund formerly known as MML Large Cap Growth Fund. |
| (23) | MML VIP T. Rowe Price Blue Chip Growth Fund formerly known as MML Blue Chip Growth Fund. |
| (24) | MML VIP American Century Mid Cap Value Fund formerly known as MML Mid Cap Value Fund. |
| (25) | MML VIP American Century Small Company Value Fund formerly known as MML Small Company Value Fund. |
| (26) | MML VIP Invesco Small Cap Equity Fund formerly known as MML Small Cap Equity Fund. |
| (27) | MML VIP Invesco Discovery Mid Cap Fund formerly known as MML Invesco Discovery Mid Cap Fund. |
| (28) | MML VIP T. Rowe Price Mid Cap Growth Fund formerly known as MML Mid Cap Growth Fund. |
| (29) | MML VIP Wellington Small Cap Growth Equity Fund formerly known as MML Small Cap Growth Equity Fund. |
| (30) | Invesco V.I. International Growth Fund formerly known as Invesco Oppenheimer V.I. International Growth Fund. |
| (31) | MML VIP Invesco Global Fund formerly known as MML Global Fund. |
| (32) | MML VIP MFS International Equity Fund formerly known as MML International Equity Fund. |
| (33) | Specialty funds are an all-encompassing category that consists of funds that forgo broad diversification to concentrate on a certain segment of the economy or a specific targeted strategy. For example, sector funds are targeted strategy funds aimed at specific sectors of the economy, such as financial, technology, healthcare, and so on. Sector funds can, therefore, be more volatile than a more diversified equity fund since the stocks in a given sector tend to be highly correlated with each other. |
| (34) | Nomura VIP Asset Strategy Series formerly known as Macquarie VIP Asset Strategy Series. |
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Fixed Account Investment Options Available Under the Contract
The following is a list of fixed options currently available under the Contract. We may change the features of the fixed options listed below, offer new fixed options, and terminate existing fixed options. We will provide you with written notice before doing so. While the GMAB is in effect, the investment options available to you are restricted. You may not participate in the DCA Fixed Account if the GMAB is in effect. See "General Information about Massachusetts Mutual Life Insurance Company, the Separate Account and the Investment Options - The DCA Fixed Account" for more information.
|
Name |
Minimum Guaranteed Interest Rate |
|
6 Month DCA Fixed Account |
1% |
|
12 Month DCA Fixed Account |
1% |
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Appendix B
Funds Available When the GMAB is in Effect
While your GMAB is in effect, your allocations are restricted to either Custom Allocation Choice Select or one of the MML Asset Allocation Sub-Accounts listed below.
|
Custom Allocation Choice Select |
Any one of the following: |
|
|
Range |
Sub-Accounts: |
MML Asset Allocation Sub-Accounts: |
|
40% to 60% |
MML VIP Barings Core Bond |
MML VIP American Funds 65/35 Allocation |
|
20% to 25% (total) |
MML VIP Franklin Templeton Equity |
|
|
20% to 25% (total) |
MML VIP American Funds Growth |
|
|
0% to 10% (total) |
MML VIP T. Rowe Price Mid Cap Growth |
|
|
0% to 10% (total) |
MML VIP Invesco Global |
|
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This Summary Prospectus incorporates by reference the MassMutual Transitions Select II Variable Annuity Contract's statutory prospectus and Statement of Additional Information (SAI), both dated April 27, 2026, as amended or supplemented. The SAI includes additional information about Massachusetts Mutual Variable Annuity Separate Account 4.
You can find the statutory prospectus and SAI at www.MassMutual.com/Transitions-Select-II. You can also obtain this information at no cost by calling (866) 645-2362 or by sending an email request to [email protected].
EDGAR Contract Identifier: C000156212
AN3603-USP
Massachusetts Mutual Variable Annuity Separate Account 4 published this content on April 24, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on April 24, 2026 at 19:05 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]