Get more! Sign up for PLANSPONSOR newsletters.
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:
Lawmakers Introduce Bill to Curb Tax Breaks for Very Large Retirement Accounts
The legislation would put caps on and require distributions for people with massive balances.
Benefits |
Trump Signs Executive Order Launching IRA Web Site
The order calls for the Department of the Treasury to launch TrumpIRA.gov by January 1, 2027, and promote awareness of...
IRS Extends Deadline for IRAs to Adopt SECURE 2.0 Amendments
The accounts now have until the end of 2027 to make required adjustments, a one-year extension.
« Court Moves Forward Request for Benefit Calculation Details
