Products February 12, 2014

OMYEN Releases Social Security Software

Financial advice and technology company OMYEN Corp. launched a software program that recommends strategies for workers to most effectively draw Social Security benefits.
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OMYEN says the new Social Security Maximizer service is available free of charge for financial advisers and should take only five or ten minutes to complete for each client. The software tool uses client data to generate projected Social Security benefits, with the capability for advisers to select a client retirement age of 62, for reduced benefits, through age 70, for increased benefits.

For clients who are part of a married couple, the software allows advisers to apply advanced strategies, such as file and suspend, to maximize the couple’s collective benefits. The software can also handle adjustments to benefits in cases where an individual works while taking Social Security benefits.

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OMYEN says the software’s data output is visually intuitive and designed to be easily explained to clients.

The Social Security tool is readily available for use, the firm says. Similar to OMYEN’s other financial planning technologies, it works on different computing devices, including hand-held devices. Financial advisers interested in using OMYEN’s Social Security Maximizer tool can sign up for free here or by sending a request to marketing@omyen.com.

Advisers can also call OMYEN at (617) 4-OMYEN-1. Registered users can access the tool directly here.

Deals & People February 12, 2014

MassMutual Retirement Bulks Up Sales Team

Jason Bouldin, John Cunningham, Lauren Drapeau, Jon Ogren and Mary Kay Zoulek joined the sales and client management unit of MassMutual’s retirement services division.
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Bouldin joined MassMutual in December as managing director covering Alabama and Georgia. Bouldin brings more than 15 years of industry experience to the company and previously served with Great-West Financial and The Hartford. Bouldin is based in Atlanta and reports to Michael Reilly, regional sales manager.

Cunningham has been with MassMutual for 18 years, most recently as regional sales director specializing in career agency sales in the Northeast. He is now regional sales director covering western Massachusetts, Vermont and eastern upstate New York, and reports to Shefali Desai, regional sales manager.

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Drapeau rejoined MassMutual in January as regional sales director covering Connecticut (excluding Fairfield County). She has more than 13 years of industry experience and previously served as an annuity wholesaler with MassMutual before her most recent role with MetLife. Drapeau reports to Desai.

Ogren has been named regional sales director covering Kansas, Nebraska and western Missouri. With more than 15 years of experience in retirement services, he previously served with The Standard and Northwestern Mutual before joining MassMutual in December. He reports to Derek Fuller, regional sales manager.

Zoulek joined MassMutual in January as regional sales director for western Michigan. She has more than 12 years of industry experience serving advisers across western Michigan. Her previous roles were at John Hancock and Principal Financial Group. Zoulek reports to William Hicks, regional sales manager.

The sales and client management unit of MassMutual’s retirement services division is led by Hugh O’Toole, senior vice president.

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