Employees who usually work more than 20 hours per week (at least 1,000 hours per year) are eligible to defer voluntarily a percentage, in whole numbers, of their earnings into an investment account with Massachusetts Mutual Insurance Company, the single provider for the plan. The plan is established under the provisions of Section 403(b) of the Internal Revenue Code. The amount of the deferral is exempt from federal and state income tax, but it is subject to the federal income contributions act (FICA) for Social Security and Medicare taxes. The amount of the deferral is limited generally to the lower of 100% of the tax-exempt amount or a limit ($17,500 in 2014) set annually by the Internal Revenue Service. Additional amounts may be deferred under special circumstances. Employee may choose to participate in the plan at the time of initial employment or at the beginning of a plan year on September 1st of each year.
Mass Mutual Enrollment Form 2016 (NEW Participants)
Mass Mutual Participant Change Form (Current Participants)
RetireSmart Brochure from MassMutual
Plan Highlights 2016
Fee Notifications 7-30-2016
Morningstar Performance Reports 2016
NEW: Investment Changes Effective September 2016