The Penn Mutual Life Insurance Company Launches Social Security Explorer

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By utilizing Penn Mutual's new Social Security Explorer, financial professionals are able to ensure their clients receive all of the retirement income they are entitled.

The Penn Mutual Life Insurance Company

The Penn Mutual Life Insurance Company, a more than 166-year-old company is pleased to announce that Social Security Explorer, a comprehensive tool designed to help maximize social security benefits, is now available for Penn Mutual affiliated financial professionals to use when advising their clients.

Today, more than ever, saving and planning for retirement is critical. Social Security only provides 37% of income for all Americans over the age of 65. By utilizing Social Security Explorer, financial professionals can ensure their clients receive all of the income they are entitled. The software features a uniquely designed, easy-to-use calculator that evaluates and determines the best strategy for clients to maximize their social security benefit, depending upon their specific financial situation.

“This tool helps financial professionals work with their clients to determine the best claiming strategy to ensure they’re getting their optimal benefit while comparing all the options they have available. For example, it might make sense for a dual earner couple to have one spouse file for spousal benefits at full retirement age in order to let his or her own Social Security retirement grow at 8 percent per year* and then turn on their retirement benefit at age 70,” said Lynn Nolan, Director, Penn Mutual Retirement Services. “It also provides an opportunity for advisors to determine proper retirement income strategies. For some, there may be a need to supplement benefits with other income sources, like the cash value of life insurance. As one of the first life insurance companies to offer this tool to its producer population, Penn Mutual is providing its professionals with all the tools necessary to help clients make the best possible financial decisions.”

The results shown with the Social Security Explorer tool are hypothetical based on information provides by users and are not a guarantee of future benefit values or investment results.

*Social Security delayed retirement credits are available for those who postpone benefits through age 69.

About The Penn Mutual Life Insurance Company

Since its founding in 1847, Penn Mutual has been driven by our noble purpose to create a world of possibilities. At the heart of this purpose is the belief that purchasing life insurance is the most protective, responsible and rewarding action a person can take, and is central to a sound financial plan. The company is committed to helping families unlock life’s possibilities through life insurance and annuity solutions. This is accomplished through a national network of financial professionals, who help clients make great things possible. Penn Mutual supports its field representatives with brokerage services through Hornor, Townsend & Kent, Inc. Registered Investment Advisor and wholly owned subsidiary. Member FINRA/SIPC. Visit Penn Mutual on the Internet at

©2013 The Penn Mutual Life Insurance Company, 600 Dresher Road, Horsham, PA 19044


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Joe McIntyre
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