MMBB Plans and Services

MMBB plans are designed to be flexible and affordable. These three plans can stand alone, or be combined and configured to achieve the right complement of options and benefits for your staff. We will walk you through every step toward building a plan that suits your organization’s needs.

Comprehensive Plan

Our Comprehensive Plan combines a 403(b)(9) retirement income account with life and disability benefits. Through this one solid program your staff can enjoy peace of mind during their working years and greater financial security in retirement.

This program includes:

• Retirement Benefits
• Disability Income
• Death Benefit

As an employer-paid program, monthly premiums are based on a percentage of annual compensation, which can range from 10% to 20%.

Employees can contribute to their retirement plan through the Member Contribution Plan.

Learn more about this plan.

Retirement Only Plan

This plan offers the benefits of flexibility and affordability. We can match a current plan or help you construct a brand new plan that is tailored to meet your needs.

• Use vesting and other plan features to meet your needs
• Make occasional contributions
• Optionally combine with Member Contribution Plan to allow employer and employee contributions and construct a matching plan.

All of this adds up to a plan that is easy to start, can fit your budget, and can grow with you as your benefits needs grow and change over time.

Learn more about this plan.

Member Contribution Plan

Very few of us can enjoy the retirement we want without personal savings. The Member Contribution Plan allows staff to contribute to their own retirement. Social Security benefits and the employer contributions to your retirement account may not be enough to maintain your standard of living in retirement. Even small member contributions made over time can significantly increase your retirement income.

Through the Member Contribution Plan, your staff can contribute to their retirement on a pre-tax basis through easy payroll deduction. This means that they do not pay taxes on their contribution until the money is withdrawn. Your staff can also rollover funds from existing retirement accounts into your MMBB account.

Your staff decides how much to contribute up to IRS limits. They can choose to contribute a percentage of their salary or, a specific dollar amount per month.

Learn more about this plan.