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The Massachusetts Mutual Life Insurance Company, also known as MassMutual, is a Springfield, Massachusetts -based life insurance company. MassMutual provides financial products such as life insurance, disability income insurance, long term care insurance, retirement/401 (k) plan services, and annuities. Major affiliates include Barings LLC, and ...
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In September 2020, the company also acquired the retirement plan business of MassMutual for $4.4 billion. Empower acquired the heritage SunTrust 401(k) recordkeeping business, which includes approximately 300 retirement plans consisting of more than 73,000 plan participants and $5 billion in plan assets.
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The MassMutual Center (formerly Springfield Civic Center) is a multi-purpose arena and convention center complex located in downtown Springfield, Massachusetts, United States, in the city's Metro Center. The arena opened in 1972 and the convention center opened in 2005. It serves as a venue for meetings, conventions, exhibitions, sporting and ...
You can withdraw from either type of 401(k) penalty-free beginning at age 59 ½. When you sign up for a 401(k) plan, you’ll be presented with investment options when you complete the paperwork ...
It is not uncommon to lose track of an old 401(k) account after you change jobs. It's easy for people to assume their 401(k) contributions continue when they get a new job. Financial services ...
But the after-tax 401 (k) plan allows you to contribute up to a combined total of $69,000 (for 2024, or $76,500 for those 50 and older), including any employer matching funds. Many 401 (k) plans ...