When you bring your money home to MMBB, you benefit from the best of both worlds—ministry and business. You place your money with a trusted organization that shares your values and has served churches and related organizations for more than 90 years. You also benefit from leading-edge member service, professional money management and up-to-date investment information.

Generally, you can roll over money tax-free from your:

• Traditional Individual Retirement Account or Annuity (IRA), excluding Roth IRAs
  
  
• 401(k) savings plan
  
  
• Other 401(a) qualified plan: pension, cash balance, profit sharing, stock bonus or HR-10 (Keogh)
  
  
• 403(a) qualified plan (non-trusteed annuity)
  
  
• 403(b) church retirement income plan, annuity contract or custodial account
  
  
• 457 governmental plan
  
  

MMBB offers a range of investment funds invested by professional money managers under the guidance of our Finance Committee. These managers cover the spectrum of money management styles: active and passive, value and growth, domestic and international.

If you are ordained, you may be eligible to receive income from the plan as a tax-exempt housing allowance.

Generally, IRS rules do not allow MMBB plans to accept rollovers from spouses or survivors. The exceptions are for a spouse or beneficiary who has an MMBB account based on his or her employment, or who is eligible to participate in MMBB plans based on current employment. Also, if two spouses hold a joint IRA, this IRA cannot be rolled over to MMBB.

If you have any questions about eligibility for rollovers or how to roll over your other retirement accounts to MMBB, please call 800-986-6222. We'll help you every step of the way home.