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Gen X and Gen Y retirement plan participants now account for 55 percent of MassMutual’s defined contribution plans in the third quarter of 2012, compared to 41 percent of baby boomer participants. Third quarter data from MassMutual shows that baby boomers still control 61 percent of assets, with Gen X and Gen Y holding a combined 31 percent of all defined contribution plan assets on MassMutual’s platform.

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