The Seafarers International Union AGLIW 401(k) Plan previously utilized MassMutual as the recordkeeper, and will now use Empower Retirement starting on November 1st. Those currently enrolled in the Seafarers International Union AGLIW 401(k) Plan do not have to make any changes to their accounts, as the transition will automatically take place.
As a result of this transition period, money transfers and other transactions will be unavailable from October 27th to October 31st. Current participants in the plan may have already received a letter or email from Empower Retirement with more information.
Features of this new account management platform include:
- A new website, with enhanced planning features and tools to manage your retirement account.
- The Empower Retirement app, which can be downloaded on Apple or Android devices, allows members to access their accounts from their mobile devices.
- Expanded access to U.S.-based customer care representatives – including Saturday hours.
As always, participants may contact Sam Brandwein at The Atlantic Group (Morgan Stanley) who offers retirement plan analysis with specific advice to our participants, free of charge. He can be reached at: (800) 327-0144 or via email at email@example.com.
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