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Overview
Choosing the right retirement plan is a key factor in attracting and retaining qualified employees. CUNA Mutual stands ready to help you select, implement and succeed with your credit union's retirement plan. Because each credit union is unique, we work with you to build a compliant retirement benefits program that fits your needs.
We offer a variety of retirement programs with a full range of investment options, including:
- 401(k) plans and other qualified retirement plans
- Executive benefits programs
- Simplified Employee Pension (SEP) Arrangements
- Rollover IRAs
- Programs for participants who are leaving your employment or retiring
| "I have to thank CUNA Mutual for helping me avoid a disaster with my retirement plan. I recently contacted your retirement planning support center and [inquired about] developing markets… They took the time to walk me through several "what-if" scenarios and helped me understand my tolerance for risk. …With only eight years to retirement I should be a more conservative investor and transferring all of my money into risky funds may not be the right plan for me. If I had not contacted you, I could have devastated my retirement plan. Thank you!" |
Advantages for your credit union:
- Employees who believe their employer is concerned about their future are more likely to give their best at work.
- Our Benefits for You website provides you and your employees with a convenient, user-friendly tool for managing your CUNA Mutual retirement plan. The website allows employees to view, update and modify benefit information 24/7. There are also numerous educational resources and financial tools to help them become more astute, involved plan participants. All of this adds up to less time spent on paperwork and plan administration by your HR staff.
- CUNA Mutual's key partnership with the private investment consulting firm Hammond & Associates provides:
- More investment options, including self-directed brokerage accounts.
- Due diligence from a third party vendor and managed by a registered investment advisor.
- Opportunity to consult with the experienced professionals at Hammond & Associates about your credit union's selection of funds (for an additional fee)
Advantages for your employees:
- Lets you reward loyal employees for their years of faithful service.
- Relieves your employees' concerns about income after retirement.
- 24/7 access to Benefits for You.
- Request a plan design consultation by contacting your CUNA Mutual Sales Executive at 1-800-356-2644.
- Plan Administrators: For help with your current plan, call the Retirement Service Center at 1-800-999-8786, Option 1.
- Plan Participants: call the Retirement & Investment Planning Service Center at 1-800-999-8786, Option 3
- Retirement Program Brochure
 (287 KB)
- Use the Retirement Calculator to help determine if you're on the right path to meeting your retirement goal.
- FAS 158 Resources
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