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MassMutual Adds Quick Enrollment Tool

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Massachusetts Mutual Life Insurance Company has updated The Journey participant Web site.

The site now includes an ExpressEnroll tool, to give new participants the ability to enroll in an employer’s 401(k) plan as quickly as possible, according to MassMutual, Springfield, Mass.

An employee can use the tool to join a plan with 2 clicks, by agreeing to accept a default contribution rate and a default asset-allocation strategy.

Employees who decide they want to take a more active approach later can change the contribution rate and reallocate plan assets, MassMutual says.


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