Our Company News
Coronavirus Stimulus Package – IRS Information on Economic Impact Payments
Much of America is anxiously awaiting the assistance promised by the CARES Act, in particular the individual rebate payments (officially called the economic impact payments). The IRS recently issued guidance in the form of questions and answers about these payments,...
The Stretch IRA and the SECURE Act
(Binghamton, NY • March 13, 2020) The SECURE Act, signed into law on December 20, 2019, offers much to IRA and 401(k) investors: Required Minimum Distributions (“RMDs”) delayed until age 72; elimination of the age limit for contributions to a traditional IRA, and...
Security Mutual Life Announces Company’s 2019 Results
(Binghamton, NY • February 21, 2020) Security Mutual Life recorded strong sales, earnings and capital growth in 2019, further enhancing the Company’s financial strength. Highlights of the past year include: Dividends: 127 consecutive years of paying dividends to...
Security Mutual Goes Red for Heart Health
February is American Heart Month, and together with people and companies throughout the United States, Security Mutual employees are wearing red and taking steps to improve heart health. “We are honored to be part of American Heart Month,” said Security Mutual...
Security Mutual Teams Up to Help Sock Out Cancer® in Albany, NY!
(Binghamton, NY • January 21, 2020) Joined by organizations from throughout the Albany community, today Security Mutual Life, SEFCU, and Tri City Rentals announced they are teaming up with the Siena and UAlbany men’s basketball teams to help Sock Out Cancer® in the...
Using Social Security to Enhance Your Family Legacy
One of social security’s biggest limitations is that no matter what you do, it's going to help only you and your spouse. Once the two of you are gone, the Social Security ends. But what if there was a way to use Social Security to create a family legacy for your...
Celebrating the Holidays with a 25-Year Yuletide Tradition!
(Binghamton, NY • December 23) Today employees of Security Mutual Life Insurance Company of New York took part in a very special holiday tradition: Christmas caroling in the Company’s lobby to the delight of all. Today’s event marked the 25th year that employees have...
Holiday Giving Program Helps Local Children
Security Mutual employees teamed up to spread holiday cheer to Greater Binghamton children in need by supporting the Salvation Army’s Angel Tree Giving Program. This annual charitable giving tradition helps provide toys, hats, gloves, blankets and more to local...