MCC offers a 403(b) savings plan to help eligible employees save for the future and their retirement years.

To be eligible to join our 403(b) savings plan, you must have completed 8 months of service and be 21 years of age or older. When you are eligible, you may participate in the 403(b) plan subject to all the terms and conditions of the plan.

You choose how much salary you wish to contribute to the 403(b) plan, as per IRS guidelines.

Your 403(b) contribution is taken from your pay before the federal and state taxes are calculated for your paycheck. That means that you will pay lower taxes now while you are contributing the 403(b) plan. Your 403(b) account will be taxed when you take money out of it in the future but at that time it is possible that you will pay taxes at a lower rate.

There are more details about our 403(b) savings plan in the Summary Plan Description. If you have questions about the 403(b) plan, contact the Program Director for more information.