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Millennium Trust IRA Added to MassMutual Rollover Solutions

By Rebecca Moore editors@plansponsor.com | August 02, 2012

August 2, 2012 (PLANSPONSOR.com) - Millennium Trust Company’s Savings Plus IRA has been added to MassMutual’s rollover solutions for retirement plan participants and existing individual retirement account (IRA) holders.

The Savings Plus IRA provides access to a bank account with a fixed rate of return which may be adjusted quarterly, FDIC insurance and daily liquidity of the IRA for accountholders desiring a predictable level of investment access and security.   

The strategic relationship is structured so that MassMutual's team of rollover specialists provides plan participants with education regarding rollover options and facilitates the establishment of the Savings Plus IRA for interested participants, while Millennium Trust provides ongoing accountholder servicing, including custodial and administrative services.   

More information about Millennium Trust Company is at http://www.mtrustcompany.com.