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Products August 3, 2012
Millennium Trust IRA Added to MassMutual Rollover Solutions
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 that 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 here.