Take a deeper dive into the retirement benefits and options available to you as a participant in MMBB Financial Services’ Comprehensive Plan.
Connect to a Senior Benefits SpecialistThe plan’s retirement benefits provide lifetime income through a variable annuity. During your working years, the plan also provides you with life and disability insurance protection.
For more benefits information, Click here.
It’s difficult to think about, but no one is immune to the possibility of a terminal illness, deadly accident or natural disaster – all things that can strike at any time. You and your family are protected with a life insurance plan from MMBB.
For more information about life insurance, click here.
Disability benefits provide income while you’re unable to work so you can support yourself and any dependents if you become disabled. This income protection also helps your employer continue its ministry.
To learn more about eligibility and benefits, click here.
You are eligible to participate in MMBB plans if your employer is affiliated with denominations associated with the “free church” movement.
For more information about eligibility, click here.
You are immediately 100% vested in the Comprehensive Plan, meaning you have complete ownership of your account balance at any given time.
Yes, whatever your needs MMBB has a broad range of investment options and a variety of asset classes. Our financial planners can help you create a customized investment strategy based on your financial goals and comfort with risk.
For more information about our funds, click here.
Designating a beneficiary is one of the most important first steps in the enrollment process. You’ll ensure that your family is provided for in the event of your death.
For more information about how to designate a beneficiary, click here.
You can contribute to your retirement savings or consolidate other retirement investment accounts by rolling them into MMBB’s Member Contribution Plan. In the Comprehensive Plan, your employer contributes to your retirement investment account on a pre-tax basis.
For more information regarding contributions, click here.
No, the Comprehensive Plan does not accept rollovers, which are transfers from another plan. Rollover contributions will be invested in The Member Contribution Plan.
For more information regarding rollover contributions, click here.
Yes, members, who are still employed, may transfer money out of one 403(b) plan to another without owing tax and without having to be age 59 ½. To see if you’re eligible, click here.
For more information regarding transfers, click here.
Contributions to the Plan are not taxable until you request a withdrawal or distribution and all investment earnings are tax-deferred until you request a withdrawal or distribution.
For more information about the tax implications of distributions, rollovers, loans and withdrawals, click here.
Yes, you can request a loan against your account, but you have to repay it with interest. To calculate what you’re able to borrow, the interest rate for the loan and the repayment schedule, click here.
For more information about loans, click here.
Yes, you have the ability to take money out of the plan while you are still employed in the form of a withdrawal. Unlike a loan, you don’t have to pay the money back.
For more information about the plusses and minuses of taking a withdrawal or to request a withdrawal, click here.
Withdrawals from your account come in the form of a distribution that can be taken as a result of retirement, death, disability, or employment termination.
For more information about distributions, click here.
Take a deeper dive into the benefits and options available to you as a participant in MMBB Financial Services’ Retirement Only Plan.
Connect to a Senior Benefits SpecialistThe plan’s retirement benefits provide lifetime income through a variable annuity.
You are eligible to participate in MMBB plans if your employer is affiliated with denominations associated with the “free church” movement.
For more information about eligibility, click here.
In the Retirement Only Plan, your employer has the ability to customize vesting schedule and requirements.
Yes, whatever your needs MMBB has a broad range of investment options and a variety of asset classes. Our financial planners can help you create a customized investment strategy based on your financial goals and comfort with risk.
For more information about our funds, click here.
The Retirement Only Plan is an employer-paid plan. Contributions by individual members will be invested into MMBB’s Member Contribution Plan.
No, the Retirement Only Plan does not accept rollovers, which are transfers from another plan. Rollover contributions will be invested in The Member Contribution Plan.
For more information regarding rollover contributions, click here.
Designating a beneficiary is one of the most important first steps in the enrollment process. You’ll ensure that your family is provided for in the event of your death.
For more information about how to designate a beneficiary, click here.
Contributions to the Plan are not taxable until you request a withdrawal or distribution and all investment earnings are tax-deferred until you request a withdrawal or distribution.
For more information about the tax implications of distributions, rollovers, loans and withdrawals, click here.
Yes, you can request a loan against your account, but you have to repay it with interest. To calculate what you’re able to borrow, the interest rate for the loan and the repayment schedule, visit the MMBB Member Portal.
For more information about loans, click here.
Yes, you have the ability to take money out of the plan while you are still employed in the form of a withdrawal. Unlike a loan, you don’t have to pay the money back.
For more information about the plusses and minuses of taking a withdrawal or to request a withdrawal, click here.
Withdrawals from your account come in the form of a distribution that can be taken as a result of retirement, death, disability, or employment termination.
For more information about distributions, click here.
Take a deeper dive into the benefits and options available to you as a participant in MMBB Financial Services’ Member Contribution Plan.
Connect to a Senior Benefits SpecialistThe Member Contribution Plan allows you to contribute to your own retirement account on a pre-tax or Roth basis through easy payroll deduction.
You are eligible to participate in MMBB plans if your employer is affiliated with denominations associated with the “free church” movement.
For more information about eligibility, click here.
You are immediately 100% vested in the Member Contribution Plan, meaning you have complete ownership of your account balance at any given time.
Yes, whatever your needs MMBB has a broad range of investment options and a variety of asset classes. Our financial planners can help you create a customized investment strategy based on your financial goals and comfort with risk.
For more information about our funds, click here.
You can contribute to your retirement savings or consolidate other retirement investment accounts by rolling (transferring) them into MMBB’s Member Contribution Plan.
For more information regarding contributions, click here.
Yes, you can rollover funds from existing retirement accounts into their MMBB Member Contribution account.
For more information regarding rollover contributions, click here.
Designating a beneficiary is one of the most important first steps in the enrollment process. You’ll ensure that your family is provided for in the event of your death.
For more information about how to designate a beneficiary, click here.
Contributions to the Plan are not taxable until you request a withdrawal or distribution and all investment earnings are tax-deferred until you request a withdrawal or distribution.
For more information about the tax implications of distributions, rollovers, loans and withdrawals, click here.
Yes, you can request a loan against your account, but you have to repay it with interest. To calculate what you’re able to borrow, the interest rate for the loan and the repayment schedule, visit the MMBB Member Portal.
For more information about loans, click here.
Yes, you have the ability to take money out of the plan while you are still employed in the form of a withdrawal. Unlike a loan, you don’t have to pay the money back.
For more information about the plusses and minuses of taking a withdrawal or to request a withdrawal, click here.
Withdrawals from your account come in the form of a distribution that can be taken as a result of retirement, death, disability, or employment termination.
For more information about distributions, click here.
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Translations of any materials into languages other than English are intended solely as a convenience to the non-English-reading public. We have attempted to provide an accurate translation of the original material in English, but due to the nuances in translating to a foreign language, slight differences may exist.
Las traducciones de cualquier material a idiomas que no sean el inglés son para la conveniencia de aquellos que no leen inglés. Hemos intentado proporcionar una traducción precisa del material original en inglés, pero debido a las diferencias de la traducción a un idioma extranjero, pueden existir ligeras diferencias.
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