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What company took over MassMutual?

On December 31, 2020, Empower Retirement (Empower) acquired the retirement plan and group insurance business of Massachusetts Mutual Life Insurance Company (MassMutual).

How do I cancel my MassMutual policy?

How do I cancel my policy? We would love the opportunity to understand why you want to cancel your policy and how we can help. To discuss alternative options or have us assist you with cancellation, please call 1-800-272-2216 or reach out to your financial professional.

Can I cash out my MassMutual 401k?

Cash out your retirement balance Your contributions, and any matching contributions from your former employer for which you are vested, are yours to do with what you choose. That includes cashing out.

How to surrender a MassMutual life insurance policy?

To cancel your MassMutual insurance Subscription, follow these easy steps: Call customer service on (800) 272-2216. Ask to speak with a representative. Provide them with your policy number and customer details. Request cancellation of your coverage and recurring payments.

Can I withdraw from my MassMutual retirement account?

At age 59 , you can make taxable withdrawals from the account called distributions for your retirement. If you choose to take distributions before you turn 59 years old, the government imposes a premature distribution penalty of 10% on your withdrawal.