News & Articles
Distribution Options within FCMM Retirement Plan (Updated 6/9/2017 and 1/1/2020)
When it’s time to draw retirement benefits, you have several choices to meet your circumstances.
FCMM President Enters Last Year
Ross Morrison announces retirement
What Could Be Better Than a Roth?
For the minister, elective contributions to a church retirement plan can avoid taxation when invested and then avoid taxation when distributed as housing allowance.
New Overtime Rules Affect Employers - but Enforcement Placed on Hold
Nonprofit organizations are generally subject to the regulations of the Fair Labor Standards Act.
Legacy Pension Plan ("Option A") To Be Merged into Retirement Plan
Action marks end of defined benefit plan.
IRS Moves Up Employer W-2 Filing Deadline
Starting in 2017, the Internal Revenue Service will require employers to file their copies of Form W-2 by January 31.
Added In-Plan Retirement Benefit Available: Annuity by Thrivent (CANCELLED)
New annuity choice added.
EFCA FairShare Reflects Local and National Partnership
Through partnership with each local church, FairShare contributions provide for the essential leadership functions of the EFCA movement.
Opportunities to Connect with FCMM
Looking ahead to the 2017 EFCA Theology Conference and 2017 EFCA One.
Understanding Option C: The Steady Approach
Managed for the long term and designed to provide monthly retirement income, Option C, titled Lifetime Fund, has provided stable value and steady growth for participants, essentially matching long-term market returns.
Online System Migration Planned for Retirement Accounts - now scheduled for September 2016
FCMM's vendor for retirement account access will migrate system in coming months.
How Much Should I Be Contributing to My Retirement Fund?
Both church staff and church leaders frequently ask what a person should be putting away to achieve adequate retirement provision. As with all other things in life, it depends on factors specific to the individual’s circumstances.