MassMutual: Younger workers flocking to 401(k) plans

11/21/2012 | AdvisorOne

About 55% of the workers participating in MassMutual retirement plans are 47 or younger, partly reflecting the company's sales in that demographic and partly reflecting an influx of younger people into the workforce, the company said. Other findings: 61% of plan assets are held by older workers, and hardship loans have fallen to their lowest point in four years.

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