I can recommend TIAA CREF for non-profit
retirements. Their plan is a 403B tax deferred annuity that vests the
monies in the individuals account on the day of deposit. The employee
manages the account, much like a mutual fund. Our policy is if the
employee puts in 3% or more of thier gross the Museum will put in 7%.
The pay out is an annuity so it really is a retirement fund
not a savings account.
This group has managed university retirements for many years
and one of the largest mutual companies in the country.
1-800 842-2733
Ann
Hello Listers,
Our new director is interested in starting some kind
of retirement savings plan for the employees at our museum. We are a
private non-profit with seven full-time employees. Do any of you work
at museums that have retirement savings plans, or know of specific plans for
non-profits? Any help you can give us would be greatly
appreciated!
Kathy Henri
Collections Mgr/Asst Curator
Ventura County Museum of History &
Art
Ventura, CA