A recent entry into the retirement services field is giving 401(k) plan investors more choices and more flexibility in managing their money.

Persumma Financial, the retirement services unit of MassMutual Financial Group, has teamed up with the online brokerage Ameritrade Holdings Corp. of Omaha to let employees direct their own 401(k) plan portfolios by buying and selling individual securities as well as mutual funds.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.