How do I contact MassMutual?

How do I contact MassMutual?

Please contact our Customer Service Center at 1-800-272-2216 for assistance Monday- Friday 8 a.m. – 8 p.m. ET.

Is MassMutual a mutual insurance company?

MassMutual is a mutual company. That means we don’t have shareholders.

What happened MassMutual?

4, 2021 – Empower Retirement today announced the completion of the previously announced acquisition of Massachusetts Mutual Life Insurance Company’s (MassMutual) retirement plan business, following the receipt of regulatory approval required by the agreement. Murphy III, President and CEO of Empower Retirement.

Where is MassMutual headquartered?

Springfield, Massachusetts, United States

How do I cancel my MassMutual Life Insurance Policy?

To cancel your MassMutual insurance policy:

  1. Call customer service on (800) 272-2216.
  2. Ask to speak with a representative.
  3. Provide them with your policy number and customer details.
  4. Request cancellation of your coverage and recurring payments.
  5. You will receive a confirmation letter or email.

Is MassMutual in financial trouble?

We continue to have exceptional financial strength. The following summarizes some key measures of the financial strength that backs our commitments to our policyowners: Surplus and capital grew to record levels in 2019. Our surplus increased by 21 percent to $18.9 billion.

Who bought MassMutual?

Empower Retirement
and SPRINGFIELD, Mass., Sept. 8, 2020 — Empower Retirement and Massachusetts Mutual Life Insurance Company (MassMutual) today announced that they have entered into a definitive agreement for Empower to acquire the MassMutual retirement plan business.

What bank does MassMutual use?

The MassMutual Trust Company, FSB is a federal savings bank chartered by the Office of the Comptroller of the Currency to provide discretionary and nondiscretionary trust and fiduciary services in all states.

Is MassMutual financially stable?

At MassMutual, we’ve followed a prudent investment strategy for more than 170 years, giving policyholders confidence that we will deliver on our long-term commitments….Financial Strength Ratings3.

Rating Agency Rating Outlook
Rating Agency Standard & Poor’s Rating AA+ Very Strong Outlook Stable

Does taking out of your 401k hurt your credit?

Taking a loan or an early withdrawal from your 401(k) retirement plan has negative implications for your current and future financial condition. However, one benefit to cashing out part of your 401(k) to pay other debts is that doing so won’t have an effect on your credit score.

Who owns Mass Mutual Life Insurance Company?

Massachusetts Mutual Life Insurance Co. is one of the largest U.S. life insurers. As a mutual company, MassMutual is owned by its policyholders. Customers who buy certain products, such as whole life insurance, are eligible to receive dividend payments when the company does well.

What is a Mass Mutual stable voyage annuity?

Mass Mutual describes the Stable Voyage annuity as a single premium, deferred fixed annuity that offers the stability of guaranteed interest rates and lifetime income options. The initial interest rate guarantee period (in this case, seven years) will begin when you initially purchase the annuity.

What is Mass Mutual financial group?

MassMutual Financial Group is a marketing brand name for Massachusetts Mutual Life Insurance Company (MassMutual), its affiliated companies and sales representatives. Based in Syracuse, N.Y., it is a member of The Financial Industry Regulatory Authority (FINRA) and Securities Investor Protection Corporation (SIPC).

What is Mass Mutual Life Insurance Co?

The Massachusetts Mutual Life Insurance Company (MassMutual), founded in 1851, is an American mutual life insurance company serving five million clients.