Never miss a story — sign up for PLANSPONSOR newsletters to keep up on the latest retirement plan benefits news.
Products August 2, 2012
Millennium Trust IRA Added to MassMutual Rollover Solutions
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.
Reported by Rebecca Moore
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.You Might Also Like:
Trump Accounts: ‘Baby’ IRAs With Big Questions
The funds are intended to support education, home purchases or new businesses, but not until participants turn 18.
Benefits |
Secure a Retirement Like Baseball’s Bobby Bonilla
In honor of ‘Bobby Bonilla Day' on July 1, TIAA and Nuveen produced a short film based on the former...
Products |
TIAA Expands Lifetime Income Access Through IRAs
Working Americans can now gain access to TIAA’s fixed and variable annuity products through the company’s individual retirement accounts.
« Court Moves Forward Request for Benefit Calculation Details