Published:
MassMutual to Host Free Advisor WebEx Regarding Opportunities in the Nonprofit Market
SPRINGFIELD, Mass., May 30 /PRNewswire/ -- MassMutual's Retirement
Services Division is offering a free WebEx session exclusively for retirement
plan advisors to discuss "Opportunities in the Nonprofit Market." The WebEx is
scheduled for Wednesday, June 4 at 3 p.m. Eastern time and will be co-hosted
by M. Palmer Whitney, national managing director for nonprofit markets for
MassMutual's Retirement Services Division, and Andrea O'Brien, partner,
Venable, LLP, a leading law firm with a national reputation for service to
more than 500 nonprofit organizations. Topics of the one-hour WebEx session
will include marketplace trends, nonprofit opportunities, regulations, and how
advisors can demonstrate to plan sponsors the value of seeking the expertise
of a trusted advisor.
"The new 403(b) regulations provide opportunities for retirement plan
advisors in the nonprofit market, not just for 403(b) but for 401(k) as well,"
states Paul Steven Henry, vice president of product development for
MassMutual's Retirement Services Division. "For the first time in over 40
years, the Treasury Department and the Internal Revenue Service (IRS) have
updated the rules and regulations for 403(b) plans. These changes place more
oversight responsibility on plan sponsors who will, in turn, look to advisors
to deliver expertise and guidance."
MassMutual is collaborating with Venable LLP to provide comprehensive
materials to help educate advisors and their clients about the 403(b)
regulation changes. Advisors who attend the WebEx will receive a copy of
Venable's materials including Highlights of the Final 403(b) Regulations, What
the Changes Mean to Plan Sponsors and a Compliance Checklist for 403(b) Plan
Sponsors. Advisors may use these materials as discussion tools to help plan
sponsors navigate the changes prior to their effective date of January 1,
2009.
The WebEx session for advisors is free and access instructions are
available online at http://wwwrs.massmutual.com/retire/temp/webex.pdf. For
more information about MassMutual Retirement Services, please contact
MassMutual at 1-888-626-4911, http://www.massmutual.com/retire.
Contact: Lisa Reilly
413-744-0589
lreilly@massmutual.com
SOURCE MassMutual Retirement Services
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Copyright © 2009, NewsBlaze,
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