Retirement

Transcription

1 FINANCIAL PROFESSIONAL Retirement New opportunity to help grow your business

2 PROVIDER OF CHOICE ALL ADVISOR BUSINESS MODELS Some plans A focus on plans ALL $0 AUM $1 Billion AUM ALL ENTITIES Businesses Non-profit organizations Unions Professional and multiple employer organizations Government entities ALL SOLUTIONS Group funded Registered Collective investment trust ALL SERVICE MODELS Many factors in today s benefits landscape are converging in the workplace. MassMutual sees this as an opportunity for advisors to add value to their client relationships by helping clients with their company-sponsored retirement plan. If you are not actively having conversations about your client s retirement plan, someone else will. We would welcome the opportunity to provide the personalized service you need to help identify prospects, pitch the business and serve your clients for years to come. To learn more about this opportunity, contact your local MassMutual retirement specialist or call our sales desk at , option 4. BUNDLED Advisor Provider TPA Advisor TPA Provider 1

3 MassMutual Retirement Products and Services Guide PLAN TYPES OFFERED DEFINED CONTRIBUTION 401(k) 2 2 Profit Sharing 2, 3 2, 3 Money Purchase 2, 3 2, 3 403(b) (Registered product only) Government 457(b) Non-Qualified 457(b) Top Hat 4 INVEST. PLATFORM Group Annuity/Funding Agreement 7 Registered Mutual Fund MassMutual's Sub-Advised Options Multi-Fund Family Options (~200) Non-Qualified Deferred Compensation 4 Extended Mutual Fund Offering 8 DEFINED BENEFIT TRS Traditional Defined Benefit Cash Balance Non-Qualified Defined Benefit Total Retirement Services (DC/DB combo) INVESTMENT OPTIONS & SERVICES Qualitative and Quantitative Report Suite Ad-hoc Investment Reports 3(21) Fiduciary Services 9, 10, 17 3(38) Fiduciary Services 9, 10, 17 Asset Allocation Models Standard 8 Strategic Asset Allocation Models Custom Choice 8 Managed Accounts Fixed Rate Stable Value 9 Guaranteed Interest Account Separate Account Guaranteed Interest Contract 7, 11 Capital Preservation Fund 8 QDIA Administration Self-Directed Brokerage 8, 9, 13 Company Stock 2, 3 14 In Plan Lifetime Income Income and Rollover Solutions 2 3

4 MassMutual Retirement Products and Services Guide PLAN FEATURES AND ADMINISTRATIVE SERVICES Dedicated Transition Manager & Conversion Team Relationship Manager Advisor-centric Advisor-centric Advisor-centric Account Manager 15 Team Team Team Dedicated Dedicated Regulatory Advisory Services (Bundled Services Only) Actuary (DB Only) TPA TPA TPA 14 Investment Consulting Advisor Advisor Advisor Annual Plan Review Custom Custom Auto Enrollment 8, 16 Auto Deferral Increase 16 Approval Svcs. for Hardship Withdrawals/Unforeseeable Emergency 6 6 Withdrawals & QDROs 16 Plan Sponsor Website Advisor Website Directed Trustee Services 10 Plan Health Suite of Services 16 6 MapMyBenefits SM,17 Viability Employee Retirement Readiness Cost Analysis 16, 18 Benefits Exchange 17 Plan Expense Reimbursement Account/ERISA Budget Account 19 COMMUNICATION/EDUCATION Dedicated Communications Consultant 20 Segmented and Custom Personalized Campaigns 20 Custom 16, 17 Retirement Income Gap Statements 9, 16, 21 Plan Enrollment/Ongoing Education via Retirement Education Specialists Participant Website, Mobile App, Call Center, Multilingual Voice Response Investment Guidance Investment Advice 8, 10 e4 SM (Hand-held worksite enrollment/education solution) 8, 16 Job Changer/Retiree Distribution Counseling FOR FINANCIAL PROFESSIONAL USE ONLY. NOT FOR USE FOR WITH FINANCIAL PLAN SPONSORS PROFESSIONAL OR PLAN PARTICIPANTS. USE ONLY. NOT FOR USE WITH THE PUBLIC. 4 5

5 1 Unbundled for plans <$1M; Bundled and unbundled available for plans >$1M; 2 Not available for Government and Taft-Hartley Business 3 Not available for Not for Profit Business 4 Must be part of Total Retirement Services Solution 5 Investment Only 6 Please discuss with your MassMutual Sales Representative 7 Not available for 403(b)/457 8 Available for DB plans on an exception basis 9 Not available for Non-Qualified 10 Requires an affirmative election 11 Available for plans >$5M, with SAGIC assets expected to be >$1M 12 TPA provides this service. For QDIA, MM does not handle the notices 13 Must have $1M in assets; $100 annual fee; up to 50% of account balance can be placed in SDBA; only mutual funds available for 403(b) plans 14 Available for plans >$10M 15 For TPA plans, dedicated Account Manager aligned by TPA 16 Data required 17 Subject to broker dealer firm availability. 18 For plans over 100 eligible employees. 19 Minimum $1M in plan assets; EBA only. Subject to pricing review and approval. 20 Available for plans >$75M 21 Custom for Taft-Hartley 2017 Massachusetts Mutual Life Insurance Company (MassMutual), Springfield, MA All rights reserved. RS C: