Does the General Board administer accounts for groups other than participants and plan sponsors?
The General Board primarily administers the retirement plans for clergy and lay members of The United Methodist Church. Individual participants can contribute to their United Methodist Personal Investment Plan (UMPIP) through payroll deductions or executing rollover transactions from outside IRA accounts. In addition to plan contributions, the General Board offers to invest funds, such as endowments, for other organizations affiliated with The United Methodist Church.
Related Questions
- What other funds in the current plan lineup are closed to new investors? Will any of the closed funds be available to participants who invest in the new self-directed mutual fund window?
- Does Anthem provide the initial notice to new plan participants as part of its COBRA administrative services?
- What does BrightScope do with the data it collects from plan sponsors and participants?
