SPRINGFIELD, Mass., Sept. 15, 2011 /PRNewswire/ -- MassMutual Retirement Services is joining forces with the retirement industry to increase retirement savings awareness and education. National 401(k) Day and National Save for Retirement Week signify the importance of saving for retirement and encourage participants to take action regarding their personal retirement savings.
MassMutual Retirement Services is supporting these two significant events with the launch of its customized multimedia education series, RetireSmart-101 and accompanying web site, www.retiresmart101.com. Designed for MassMutual's participants and non-participants alike, RetireSmart-101 consists of seven 30-minute course modules to educate individuals on each of the core principles of retirement planning:
"The RetireSmart-101 course provides a fun and interactive experience while the two webinars acknowledge two important aspects of retirement planning," says E. Heather Smiley, chief marketing officer for MassMutual's Retirement Services Division. "This unique program aims to help participants take action with regards to their personal retirement savings while providing important planning education along the way," adds Smiley.
Participants who complete the RetireSmart-101 course series by October 31, 2011 will receive a Certificate of Completion and be entered into a drawing to win an Apple iPod shuffle.
MassMutual's activities also include two web-based RetireSmart(SM) participant seminars, educational guides, a retirement readiness checklist, and an investor risk tolerance quiz. The first seminar, "Managing & Maximizing Your 401(k) Today...And Tomorrow" will take place on Wednesday, September 21 at 12:00 p.m. ET. During the 30-minute presentation, special guest Farnoosh Torabi will explain how investing in a 401(k) plan can help Americans better prepare for retirement. Specifically, she will cover the advantages of investing in a 401(k), strategies based on age and risk tolerances and the difference an early start can make. The session will conclude with information on catch-up provisions for those participants over 50 years of age followed by a 30-minute interactive question and answer session. MassMutual retirement plan clients can register at www.retiresmart101.com or by logging in to their retirement plan account at www.retiresmart.com.
MassMutual Retirement Services will also share information about RetireSmart-101 and planned events via Facebook.
"These two events have just one goal – to help Americans plan and save to reach a comfortable level of income in retirement," states Elaine Sarsynski, executive vice president of MassMutual's Retirement Services Division and chairman and CEO of MassMutual International LLC. "MassMutual Retirement Services sincerely cares about plan participants' financial futures and is committed to providing all the knowledge and resources needed to help them reach that goal," adds Sarsynski.
For more information about MassMutual Retirement Services, please contact your retirement plan advisor or call MassMutual at 1-866-444-2601.
MassMutual's Retirement Services Division has been serving retirement plans for 65 years. It offers a full range of products and services for corporate, union, nonprofit and governmental employers' defined benefit, defined contribution and nonqualified deferred compensation plans. It serves approximately 1.3 million participants.
Founded in 1851, MassMutual is a leading mutual life insurance company that is run for the benefit of its members and participating policyholders. The company has a long history of financial strength and strong performance, and although dividends are not guaranteed, MassMutual has paid dividends to eligible participating policyholders every year since the 1860s. With whole life insurance as its foundation, MassMutual provides products to help meet the financial needs of clients, such as life insurance, disability income insurance, long term care insurance, retirement/401(k) plan services, and annuities. In addition, the company's strong and growing network of financial professionals helps clients make good financial decisions for the long-term.
MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliated companies and sales representatives. MassMutual is headquartered in Springfield, Massachusetts and its major affiliates include: Babson Capital Management LLC; Baring Asset Management Limited; Cornerstone Real Estate Advisers LLC; The First Mercantile Trust Company; MassMutual International LLC; MML Investors Services, LLC, Member FINRA and SIPC; OppenheimerFunds, Inc.; and The MassMutual Trust Company, FSB.
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