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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. On September 29, 2020, Empower announced ...
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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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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 ...
2. Withdraw from accounts in the right order. If you need retirement savings to get by and you’re wondering whether to take them from an IRA, 401 (k) or a Roth account, don’t be tempted by ...
Tom Foster, national spokesperson at MassMutual Financial Group, shared the results of a MassMutual Retirement Services study that showed "those who took concrete steps, such as calculating the ...
Continue reading → The post Empower Joins Auto-Portability Consortium to Accelerate Retirement Savings appeared first on SmartAsset Blog. Empower, one of the leading providers of financial ...
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