News & Articles

News

Payroll Service to be Phased Out in 2022

FCMM Payroll Service ends its run as other providers have stepped up to better serve the unique needs of churches.
News

Spring 2022 "News & Notes" Newsletter

Spring 2022 Issue of "News & Notes": Morally Responsible Investing | Payroll Service Phase Out | Increasing Employee Contributions
Article

Roll-out of Funds from Retirement Plan: Factors to Consider

As with most current Retirement Plans, FCMM allows both roll-out of funds to other retirement fund accounts and roll-in of funds within IRS rules.
News

Retirement Plan - Rate and Fees for 2022

FCMM's Option C Lifetime Fund is unique in offering long-term strategy for steady returns and "do it for me" simplicity.
News

Expect 1099R via mail in February

The retirement distribution tax form, 1099R, will be mailed at the end of January.
Article

Tax Booklets Available for Download (2022)

Two 2022 booklets for clergy and church financial and tax matters are available for download.
News

ALERT for Retirement Plan Members: Notification Sent in Error

A letter received recently by many FCMM members was sent in error by a vendor of FCMM. Please disregard.
News

2021 Distributions Request Deadline is December 13

To request a qualified withdrawal, contact FCMM to obtain the form and then submit it timely.
News

Retirement Plan Contribution Limits (2022): Overall and Deferral Limits

The IRS has announced that contribution limits to retirement plans for 2022 will be increased from 2021 for salary deferral and overall limits.
News

Updating Personal Information

Contact FCMM when you change address, marital status, or other personal information.
News

Required Minimum Distributions - Update 2021

The timing of RMDs was updated in recent legislation. See this article better understand how your account will be subject to these distributions.
Article

History of FCMM

The Ups and Downs of 50 Years as the Benefits Organization of the EFCA

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