About one-fifth (19 percent) of all401(k) plan participants who had the option to borrow from their plans had a401(k) loan outstanding at the end of 2016, according to EBRI. My state employer switched my MassMutual retirement fund to Empower about a year or more ago, and I JUST now realized that stopped my previous investment plan, and so the entire account is JUST CASH. Get details about your insurance, annuities, pension annuities, and investments all in one place. We are actively researching solutions for these customer relationships. Participants should carefully consider the investment objectives, risks, charges and expenses of any Fund before investing. And, as you use our online services, at times you will be on Hartford branded sites and at other times, you will be on MassMutual websites. Empower - Plan Service Center Home The new Rx for retirement Use plan design to help employees optimize their retirement savings dollars. Please read the security and privacy policies on the third-party website closely as they may differ from Empower's policies. Employer Demographic Data; What Is EPARS? Integrating businesses is a huge undertaking, and maintaining continuity for our clients has been crucial, said Linton. Log-in > Yes, you're in the right place. Timely, relevant research and insights. Integration of the Prudential business begins in the first quarter of 2023. To discuss alternative options or have us assist you with closure, please call 1-800-272-2216 or reach out to your financial professional. This material is for informational purposes only and is not intended to provide investment, legal or tax recommendations or advice. Please note that by clicking the "Leave this Empower website" button you will be directed to a website that is not owned or operated by Empower. If you receive a separate bill for loan interest, you may make a one-time online payment or you may take advantage of our loan interest Autopay feature to establish recurring payments. 1 As of June 30, 2022. SIGN IN. Sign up here. Empower and MassMutual intend to enter into a strategic partnership through which digital insurance products offered by Haven Life Insurance Agency, LLC3 and MassMutual's voluntary insurance and lifetime income products will be made available to customers of Empower Retirement and Personal Capital. Search Employee Portal Employee Support Manager Portal Manager Support Summary Plan Description. From the Quick Actions section, select 'Document Hub'. Select the appropriate policy from the dropdown and then select the "Edit" option to update or cancel your recurring payment. All rights reserved. Please note that monthly recurring payments cannot be cancelled online. The MassMutual Insurance app is easy to use and safe to access from your phone. We implemented this strategy in order to protect you as a customer. The MassMutual RetireSmart mobile app you know is now Empower RetireSmart. Your outstanding loan balance will display along with a link to make a loan payment or set up recurring payments. You can find information on initiating most claim types by visiting the Claims Center. The transaction will also bring MassMutuals defined benefit business under the umbrella of plans Empower serves. To ensure the most secure and best overall experience on our website, we recommend the latest versions of, closed its acquisition of MassMutuals retirement plan business. Copyright 2021 Empower Retirement, LLC. Retention results: Through the integration process, Empower has earned the trust of more than 20,000 MassMutual clients and 2.3 million participants a 92 percent participant retention rate, as of Aug. 31. Avoid obvious numbers, such as a birth date or an anniversary, which would be easy to guess. Any New York business will be reinsured by Great-West Life & Annuity Insurance Company of New York. Achieving financial wellness is possible. Service team continuity: Throughout the integration program, Empower is maintaining client service teams to help support plan sponsors, third-party administrators (TPAs), advisors and consultants involved in moving to the Empower platform. MassMutualoffers 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. If you have any questions or concerns about the products and services offered on the third-party website, please contact the third party directly. With todays announcement, Empower is taking the next step toward addressing the complex and evolving needs of millions of workers and retirees through the combination of expertise, talent and business scale being created, said Edmund F. Murphy III, President and Chief Executive Officer of Empower Retirement. Local firms are sales offices of Massachusetts Mutual Life Insurance Company (MassMutual), and are not subsidiaries of MassMutual or its affiliated companies. $('.mm-lead-form').attr('src', 'https://go.pardot.com/l/220892/2017-04-17/231h8?SEO_Title=Contact Us&cm_mmc=' + $.cookie('SemFormId')); Go to empowerinvesting.com to register and login to your account. All rights reserved. The recordkeeping business continues to consolidate, with the Sept. 8 announcement of a definitive agreement for Empower to acquire the MassMutual retirement plan business. . Empower - Plan Service Center Timely, relevant research and insights Browse Empower Institute for cutting-edge research and actionable insights. We look forward to this transition and helping you pursue the future you imagine. Empower Retirement to acquire retirement plan business of MassMutual. MassMutual Ventures launches $100 million Climate Technology Fund. MassMutual is a leading mutual life insurance company that is run for the benefit of its members and participating policyowners. Information refers to all retirement business of Empower Annuity Insurance Company of America (EAIC) and its subsidiaries, including Empower Retirement, LLC; Empower Life & Annuity Insurance Company of New York (ELAINY); and Prudential Retirement Insurance & Annuity Company (PRIAC), marketed under the Empower brand. Get access to services and online resources designed to provide you with personalized help as you plan for retirement. All rights reserved. Welcome to Empower Retirement. Apple Store and Apple logo are registered trademarks of Apple Inc. Please revisit the login page later. ET. Welcome to Empower Retirement. Empower . So What Did You Expect? From the dropdown, select the policy for which you would like to make a loan interest payment. | Choose the appropriate policy from the dropdown and click on the "Pay" button. EMPOWER and all associated logos, and product names are trademarks of Empower Annuity Insurance Company of America. This is an approach commonly used by fraudsters to gain access. Once you enter your Username and click Login, your password will be required on the next screen. Why do these unanticipated fluctuations seem to bother us so much? You can view policy details, including people on your policy, beneficiaries, outstanding loans, payments due, value, investment selections, and more. On your dashboard, click the blue tile for your policy. ET (Immediate Assistance) Log in or register to view the value of your eligible MassMutual products. Privacy At this time, we do not accept online credit card payments. We would like to show you a description here but the site won't allow us. To sign up for paperless billing, log in or register. | Empower: Saving, investing and advice. . If youre looking to get in the door with retirement plan sponsors who dont have a financial advisor or want a new one, the most important thing you can do is make sure youre worth a referral from the clients you already serve. You will have the option to set up Premium, Loan, or Loan Interest AutoPay. With over 7,600 financial professionals available across the nation and 4,500 on MassMutual.com, we're committed to helping you secure your future. In addition, Empower retained 87 percent of all plans. If you are making changes on the date the withdrawal will occur, you must do so by 4 p.m. Empower closed its acquisition of MassMutuals retirement plan business in December 2020 with the intent of capitalizing on both firms expertise, expanding technological excellence and product capabilities, and creating scale. We may walk you through additional security measures in order to process the change. "Call for Value" is displayed when the value is unavailable for display on MassMutual.com and may require a customer service representative or your financial professional to assist. Customer Login Portal Log in to your personal or business portal to access up-to-date information on your MassMutual accounts. Integration of the Prudential business begins in the first . Yes, MassMutual offers an online guest payment option. Claims Eversheds Sutherland served as legal counsel, and Goldman Sachs and Rockefeller Capital Management served as financial advisors to Empower. Empower Security Guarantee Protecting your account and your information is our priority. This content was originally published here. Most life insurance beneficiary changes can be initiated by logging into your account and selecting "Change my Beneficiary" from the Quick Actions. If you have a question about your MassMutual policy or plan, please contact us at one of the options below. From the Quick Actions section, select 'Documents Hub'. Login : Yes, you're in the right place. May be subject to Broker/Dealer firm availability. Log in or register and select the "Payments" option at the top of the page. Payments must be made at the individual policy level. All rights reserved. If you receive an annual, semi-annual, or quarterly bill for your premium, your loan interest will be billed with the policy premium on your policy anniversary date. Outstanding bills will also be shown in the "To Do" section on the Dashboard. Anyone can create an account on MassMutual.com. For your security, we require you to now enter your username and new password to continue. In addition to the MassMutual business, Empower acquired the full-service retirement business of Prudential Financial in April 2022. To speak with a representative regarding your account, contact us Monday - Friday between 5 a.m. - 7 p.m. Pacific time, and Saturdays between 6 a.m. - 2:30 p.m. Pacific time. View schedule including dates for the new Financial Wellness Boot Camp Workshop, topics and instructions, View the Financial Wellness Boot Camp Workshop on demand. review the important information associated with the acquisition, U.S. Railroad Retirement Board information, U.S. Securities and Exchange Commission Fund Cost Calculator. Few things are more important than saving for your financial future. Log in or register, select Payments on the top of the page, and then select the "Banks" option. and Rockefeller Capital Management served as financial advisors to Empower. Investment Commentary To Affinity and Beyond! Empower: Saving, investing and advice Need Help? The Financial Wellness offerings are made available solely for general financial education purposes. On your dashboard, click the blue tile for your policy. Once you've got hold of something, it's hard to let it go. With an online account you can: View policy details Change your address Pay your bill Empower Retirement acquired MassMutual's retirement plan business in January 2021.