When looking to protect their income in the event of a long term disability, your employees may often overlook the contributions they, and you, make to their qualified retirement savings plan, such as a 401(k).

RetireGuard® provides disability income insurance benefits to help individuals continue saving for retirement when they are disabled.

RetireGuard can help replace up to 100% of an amount equal to the retirement plan contributions (including both the employee's and the employer's contributions) that would have been made to a clients' eligible defined contribution plan if he/she had not become disabled.  It is not a retirement plan, nor a substitute for one.  When insured with RetireGuard, during a period of total disability, MassMutual will pay benefits into an irrevocable trust that offers difference investment options at the time of claim, so that a client can select the option that best meets his/her retirement goals.  

RetireGuard is available as a rider or as a stand-alone product.2 As a rider on a disability income insurance policy, employees are able to insure a portion of their income, as well as the amount up to the current IRS limits, of their eligible retirement contributions. As a stand-alone policy, it can provide valuable protection to employees who may already have a disability income insurance policy. RetireGuard can also provide an excellent employer paid individual benefit for a select group of highly compensated employees.  RetireGuard as stand-alone coverage requires a non-cancelable disability income contract (Radius or MaxElect) to be issued to the participant of a defined contribution plan.  RetireGuard as a rider is available at an additional cost.  RetireGuard is not a retirement or pension plan or a substitute for such a program.  Trust assets are not paid into an employer sponsored retirement plan.  Trust services provided by The MassMutual Trust Company, FSB.   

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    1 Trust services provided by The MassMutual Trust Company, FSB.

    2 RetireGuard is not available for sale in New Jersey. The RetireGuard rider is not available for sale in California.

    RetireGuard Individual [Policy Form XL-IS-92 with EDI-10, XL-IS-92(NC) with EDI-10 in North Carolina, XL-IS-92 with EDI-10 in California] and RetireGuard Multi-Life [Policy Form XLS-ME-04 with EDI-10, XLS-ME-04(NC) with EDI-10 in North Carolina, XL-GS-92 with EDI-10 in California] are issued by Massachusetts Mutual Life Insurance Company.

    Individual and RetireGuard Multi-Life provide disability income insurance only. They do NOT provide basic hospital, basic medical or major medical insurance as defined by the New York State Insurance Department. The expected benefit ratio for RetireGuard Individual is 50.1 percent. For RetireGuard Multi-Life, it is 60.3 percent. This ratio is the portion of future premiums which the company expects to return as benefits, when averaged over all the people with these policies.

    This policy has exclusions and limitations. For costs and complete details of coverage, please call your MassMutual agent.


    CRN201102-116731

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