What are the different types of retirement plans offered by MassMutual?
Asked a year ago
MassMutual offers a range of retirement plans designed to meet various needs. These plans include Individual Retirement Accounts (IRAs), such as Traditional and Roth IRAs, which provide individuals with tax advantages while saving for retirement. MassMutual also offers 401(k) plans, which are employer-sponsored retirement plans that allow employees to contribute a portion of their incomes on a pre-tax basis. Additionally, MassMutual provides 403(b) plans for nonprofit organizations and educational institutions, as well as 457(b) plans for government employees. MassMutual also offers annuities, which can provide guaranteed income during retirement. Overall, MassMutual strives to offer diverse retirement plan options to help individuals and organizations effectively save and plan for their future.
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