What is it?
MassMutual offers a comprehensive suite of services to company-sponsored retirement plans. Companies typically work with financial professionals to choose the plan that best fits the needs of the company, as well as the employees.
-
Defined Benefit Plans
Commonly known as pension plans, defined benefit plans provide employees with a fixed benefit upon retirement that is typically dependent on salary, length of employment and age at retirement.
-
Defined Contribution Plans
Most common of which are 401(k) plans, defined contribution plans are company-sponsored, tax-deferred retirement savings plans.
-
Non-Profit Plans
Non-profit plans are integrated tax-deferred retirement plans specifically for non-profit organizations.
-
Non-Qualified Deferred Compensation Plans
Non-qualified deferred compensation plans are for companies with highly compensated employees whose ability to maximize plan contributions may be limited by the qualified plan.
-
Taft-Hartley Plans
Taft-Hartley retirement plans are exclusively for labor unions to provide defined contribution and defined benefit plans to their members.
-
Third Party Administrators
Third Party Administrators typically located near plan sponsors often work with us, serving as a local resource to handle many day-to-day plan administration functions.
Insurance products issued by Massachusetts Mutual Life Insurance Company (MassMutual), 1295 State Street, Springfield, MA 01111-0001.
Securities offered through MML Investors Services, Inc., 1295 State Street, Springfield, MA 01111-0001, (800) 542-6767. Member FINRA (www.finra.org) and SiPC (www.sipc.org) .
