Mutual of America is proud to be a preferred provider for Maryland Nonprofits retirement plans and services and to announce a new member benefit.
Maryland Nonprofits members are eligible for a waiver of certain plan-related administrative charges attributable to Mutual of America 401(k), 403(b) and Tax-Deferred Annuity plans. The waivers apply to both existing and new Mutual of America clients.
For a 401(k) plan with 25 participants, for example, this could result in annual savings of $2,400. Savings from these waivers allow more of the funds you have budgeted for your retirement plan to be applied to your other business objectives.
Mutual of America has extensive experience with nonprofits, a history of quality customer service, and has been dedicated to making quality retirement products and services available to nonprofit organizations since 1945.
If your organization is considering starting a retirement plan for your employees, or if you are interested in changing your current plan provider and would like additional information, contact Regional Manager, Bernie Zaworski III.
Bernard L. Zaworski III, CRPS