Where did this money come from?
You had a company-sponsored retirement account at your former employer. After you left, your former employer (the plan sponsor) chose to roll over your retirement account to a Millennium Trust Individual Retirement Account (IRA) on your behalf.
Who is Millennium Trust Company?
We are the leading provider of automatic rollover solutions for employer-sponsored retirement plans. The plan sponsor of your former company's retirement plan has chosen Millennium Trust to help connect you with your retirement savings and to provide custody for a Rollover IRA on your behalf.Learn more about MTC
How is my money invested?
The Plan Sponsor has chosen a fund known as the “Standard IRA Stable Asset Fund” (the “SSAF”) as the initial investment for your rollover IRA. SSAF is a stable value fund designed to provide safety of principal, liquidity, and a stable and competitive rate of return. Principal and accumulated interest are guaranteed by The Standard Insurance Company. The interest-credited rate is guaranteed for a three month period.Fund Fact Sheet