MassMutual's Retirement Services Division is introducing two new analysis tools to help employees determine their retirement readiness.
The RetireSmart Ready tool allows participants to calculate and implement saving rates and asset allocation strategies that may make their retirement more successful by increasing their chances of having enough money saved. The tool is personalized for each participant, and is available to all participants using MassMutual retirement services.
In the summer, MassMutual will introduce PlanSmart Analysis report, a plan-level solution that assesses the percentage of employees who are on track to replace a specified level of income in retirement.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
