Insurance, Annuities, and Investments
72% of people do not know that Social Security periodically adjusts for inflation.Take the Quiz
Traditional and Roth IRAs are available, offering different tax advantages. Investors may select from a range of investment choices.
1 Source: Social Security Administration Benefits Planner: Retirement Credits at http://www.ssa.gov/retire2/credits.htm
2 Source: Social Security Administration, Retirement Planner: Full Retirement Age, http://www.socialsecurity.gov/retire2/retirechart.htm
3 Source: Social Security Administration, http://www.ssa.gov/pubs/EN-05-10147.pdf
4 Final decisions about Social Security filing strategies always rest with you and should always be based on your specific needs and health considerations. It is important to acquire as much information as possible in order to make an informed Social Security claiming decision because one year after the Social Security claiming decision is made, the options for change are extremely limited. The Social Security program was created by an Act of Congress. It is subject to change. In the past, Congress has made changes to the law which has had an impact on Social Security benefits. Congress can make changes to the law at any time, which might impact benefits in the future.
The information provided is not written or intended as specific tax or legal advice. MassMutual, its employees and representatives are not authorized to give tax or legal advice. Individuals are encouraged to seek advice from their own tax or legal counsel.