Digital Media Net - Your Gateway To Digital media Creation. News and information on Digital Video, VR, Animation, Visual Effects, Mac Based media. Post Production, CAD, Sound and Music
MassMutual’s RetireSMART℠ Mobile App enables users to enroll in their 401(k) or similar retirement plan with their smartphones
SPRINGFIELD, Mass.–(BUSINESS WIRE)–Workers can now enroll in their employer’s 401(k) or similar retirement savings plan anytime, anywhere with their smartphones thanks to an enhanced mobile app from Massachusetts Mutual Life Insurance Company (MassMutual).
MassMutual’s RetireSMART Mobile App now allows users to enroll in their employer’s defined contribution retirement plan, determine how much to contribute from each paycheck, and then select their investments. Once enrolled, plan participants also can alter their current investment strategy by changing investment options, rebalance existing accounts within different investments, increase their contributions or request assistance in consolidating their retirement savings accounts.
“Today’s fast-paced work environment and lifestyles can make it challenging to enroll in employer benefit plans, including retirement savings, and then manage those benefits,” said Rob Toole, Digital Lead. “MassMutual’s RetireSMART app has been enhanced with those challenges in mind to encourage workers to enroll in their 401(k) or other retirement savings plan whenever it’s convenient for them to do so.”
The app is available free for Apple® and Android™ smartphones through the Apple App Store℠ and Google Play™ app store, respectively, to workers whose employer sponsors a MassMutual defined contribution retirement plan. The app can be downloaded by searching “RetireSmart” or “MassMutual” in the Apple or Google app stores.
Participants in retirement plans featuring automatic enrollment that have downloaded the app, will be notified by the app of their auto enrollment date, allowing them to decline participation as well. Participants can also access information about automatic contribution increases and make changes as they see fit. The app can be used to access pre-login educational tools such as a savings calculator but allows broader access to information and capabilities once users enroll in their plan.
With a current 4.6 out of 5-star rating on the Apple App Store, the RetireSMART app offers secure, 24/7 mobile access to retirement savings account information, offering a wide range of functionality:
The RetireSmart app also allows retirement savers to link to RetireSmart.com, an online site that provides information and tools to help retirement savers reach their goals, and access investment information such as annual reports, prospectus, and regulatory publications. Login assistance and contact information is also available through the app.
“Our customers rely on digital capabilities to manage all aspects of their lives,” Toole said. “The RetireSMART mobile app provides another digital tool to help workers to take actions in pursuit of their retirement savings goals and dreams.”
MassMutual is a leading mutual life insurance company that is run for the benefit of its members and participating policyowners. MassMutual offers a wide range of financial products and services, including life insurance, disability income insurance, long term care insurance, annuities, retirement plans and other employee benefits. For more information, visit www.massmutual.com.
Apple® is a registered trademark of Apple Inc. Android, Google Play, and the Google Play logo are trademarks of Google, LLC
The RetireSMART App is available for retirement plans with employee contributions (i.e. 401(k), 403(b), and 457 plans). Not available for employer-funded plans (i.e. defined benefit plans).
1 Biometric authentication features not available on all devices.
2 Account management features may vary depending on the company’s plan.
BASINGSTOKE, England--(BUSINESS WIRE)--#virtualcardsmarket--A new study from Juniper Research has found the number of virtual card…
Collaboration Combines Industry Leading IoT Platforms to Enhance Value for Utilities and Consumers LIBERTY LAKE,…
MEMPHIS, Tenn.--(BUSINESS WIRE)--Frontdoor, Inc. (NASDAQ: FTDR), the nation’s leading provider of home service plans, today…
The smash hit Eisner Award-nominated digital comic will return on September 28 LOS ANGELES--(BUSINESS WIRE)--WEBTOON,…
HILLSBORO, Ore.--(BUSINESS WIRE)--#httpstwittercomLAIKAStudios--In honor of the 10th Anniversary of the theatrical release of ParaNorman, LAIKA…
This integration will allow law firms to import their Web Leads and Live Calls directly…