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www .massmutual .com. 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, and annuities. Major affiliate includes Barings LLC .
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.
Northwestern Mutual is an American financial services mutual organization based in Milwaukee, Wisconsin.The financial security company provides consultation on wealth and asset income protection, education planning, retirement planning, investment advisory services, Financial Planning trust and private client services, estate planning and business planning.
Unlike traditional pension plans, in which the employer promises a specified monthly benefit at retirement, 401 (k) plans are funded by contributions deducted directly from the employee’s ...
A one-participant 401(k) or solo 401(k) is an attractive retirement savings option for self-employed workers or business owners. While they’re similar to the standard 401(k) plans often offered ...
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 ...
How Habits Around Retirement Accounts and Strategies Are Changing. According to Schwab's 401 (k) Participant Survey 2023, more workers are putting money away in savings accounts, their own ...
The company had $26.4 billion in total assets under administration and served more than 500,000 401(k) and 403(b) retirement plan participants from more than 5,000 clients nationwide, as of December 31, 2023. Mutual of America is the majority owner of its corporate headquarters building at 320 Park Avenue, which it purchased in 1992.
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