The MassMutual Fund Transfer Request Form is a one-page instruction that moves existing balances between the investment options inside a variable life insurance policy. You confirm your policy details at the top, list what you’re moving out of and into on a two-column grid, sign it, and send it to MassMutual’s document hub in Springfield by fax, email, or mail. The trade prices at the fund’s net asset value calculated after the form arrives in good order.
Get the Right Version for Your Product
MassMutual publishes a separate form for each variable life product line, including Strategic Group Variable Universal Life Insurance and Strategic Group Variable Universal Life Insurance II. Each version lists only the Separate Account Divisions available under that product, so a form from the wrong product won’t have your funds on it. Download the correct version from massmutual.com or call 1-800-272-2216 to have one sent.
If your MassMutual account is a retirement plan rather than a variable life policy, this form doesn’t apply. That business transferred to Empower, and participants handle fund changes through empower.com.1Empower. Empower Retirement Closes Acquisition of MassMutual Retirement Plan Business
What to Have in Front of You
A few items make the form go quickly and prevent a rejected submission:
- Your contract number and policy number. Both appear on your policy documents and quarterly statements, and the form has a separate field for each.
- Your full legal name exactly as it appears on the policy. Mismatches slow processing.
- The short names of the funds. The form lists each investment option with an abbreviation in parentheses, such as “American Century VP Capital Apprec I (ACCA).” Use those short names in the grid, not ticker symbols.2MassMutual. MassMutual Fund Transfer Request Form
- Your most recent statement, so you know the current value in each fund. If you request a dollar amount larger than a fund holds, MassMutual will process the transfer for the smaller available amount.2MassMutual. MassMutual Fund Transfer Request Form
Filling In the Form
Contract and Owner
Enter your contract number and policy number at the top. If you own multiple policies under the same contract and want the same transfer applied to all of them, check the “Apply to all policies” box. Otherwise attach a sheet listing the specific policy numbers. Enter your full legal name in the Owner Information section below.
The Transfer Grid
The main body is a two-column grid: “Transfer From” on the left and “Transfer To” on the right, with one row per investment option. List each fund only once. You can express the movement in either dollars or percentages, but you cannot mix the two on the same form. Some form versions require whole percentages; others allow two decimal places, so follow the instructions printed on your specific version.2MassMutual. MassMutual Fund Transfer Request Form
The math has to balance. When using percentages, the “Transfer To” column must total exactly 100 percent. When using dollars, the “Transfer To” total must equal the “Transfer From” total. If it doesn’t, the form gets rejected.
One point that catches people out: this form moves existing balances only. It does not change where your future premium payments go.3MassMutual. MassMutual Fund Transfer Request Form Redirecting future premiums requires a separate premium allocation change form.
Signatures
The policy owner signs and dates the form. If there is more than one owner, every owner signs. If the policy has been assigned, the assignee signs too.4Massachusetts Mutual Life Insurance Company. MassMutual Fund Transfer Request Form No notary or witness is required for individual owners.
Policies owned by a corporation, trust, or partnership have additional signature rules printed in the “Special Signature Requirements” section on the back of the form. Read that section, or call MassMutual, before signing on behalf of an entity.5MassMutual. Strategic Group Variable Universal Life Insurance II Fund Transfer Request Form
The Guaranteed Principal Account Limit
If any of the money you’re moving sits in the Guaranteed Principal Account, a special cap applies. You can make only one GPA transfer per policy year, and the amount cannot exceed 25 percent of the non-loaned GPA value at the time of the transfer.2MassMutual. MassMutual Fund Transfer Request Form
There is one narrow exception. If you transferred 25 percent of the GPA in each of the previous three policy years and made no premium payments or transfers back into the GPA during that time (other than loan-related credits), you can move 100 percent of the current GPA balance into the Separate Account Divisions.2MassMutual. MassMutual Fund Transfer Request Form Check your GPA balance against these limits before writing an amount that would exceed them.
Where to Send It
MassMutual accepts the completed form through three channels, and the company states it will only take responsibility for forms submitted through them:
- Fax: 1-413-226-4054
- Email: lcmclientservices@MassMutual.com
- Mail: Massachusetts Mutual Life Insurance Company, LCM Document Management Hub, 1295 State Street, PO Box 2488, Springfield, MA 01101-2488
Fax and email arrive the same day. Mailing adds several days of transit, and the trade doesn’t execute until the form is received and reviewed. Keep a copy of what you send; a fax transmission confirmation is your proof of delivery.
When the Trade Prices
Your transfer executes at each fund’s net asset value calculated after MassMutual receives the completed form. Most funds calculate NAV at the close of major U.S. stock exchanges, ordinarily 4:00 p.m. Eastern Time.6Securities and Exchange Commission. Amendments to Rules Governing Pricing of Mutual Fund Shares
A form received and deemed in good order before 4:00 p.m. ET gets that day’s closing prices. A form received after 4:00 p.m. ET, or one with errors that need follow-up, gets the next business day’s prices. When the NYSE closes early on certain holidays, the cutoff moves earlier as well.
Frequent Trading Restrictions
MassMutual reserves the right to restrict or reject any transfer request, and all transfers are subject to frequent-trading limits imposed by both MassMutual and the underlying funds.2MassMutual. MassMutual Fund Transfer Request Form Many funds also charge short-term redemption fees on shares held only briefly. The specific holding periods, round-trip limits, and fee amounts are in your Certificate and Prospectus.
After You Submit
MassMutual sends a written confirmation once the transfer processes, either by mail or through digital notification depending on your preferences. That confirmation is your official record of the NAV and date at which the transfer occurred. Compare it against what you wrote on the form: fund names, direction, and amounts. If anything looks wrong, call 1-800-272-2216 right away. Fund values change daily, and catching an error quickly limits how far the market can move against an unintended position.