In this belief system, a Master is an individual who has passed the Fifth Initiation, whereas an Ascended Master is an individual who has passed the Sixth Initiation (the passing of which initiation is the same thing as attaining "Ascension"). "Ascension" is defined as the attainment of the complete, permanent union of one's purified outer self with one's "I AM" Presence. One's "I AM" Presence is literally each person's unique Individualization of God, and it is each person's True Identity.
In this belief system, a Master is an individual who has achieved the Fifth Initiation, whereas an Ascended Master is an individual who has attained the Sixth Initiation (which is equivalent to achieving "Ascension"). "Ascension" refers to the complete and permanent union of one's purified outer self with their unique "I AM" Presence. The "I AM" Presence represents each person's true identity as a unique Individualization of God.