Retirement Program
The AACS 403(b) retirement plan is a great way for educators and employees of Christian schools and churches to set aside money for retirement tax-deferred. The AACS uses a team from Merrill Lynch to provide financial advice for the plan. PenServ Plan Services (www.penserv.com) serves as the plan TPA and handles all record keeping and compliance issues. Plan participants are able to invest at NAV. The costs to participants are a $1.75 per month administrative fee and an annual $10 custodial fee. Obviously, there are other fees to set up loans, hardship distributions, etc. If you have any questions or if you would like to get more information about the plan, please contact a member of the Merrill Lynch team.
1) AACS 403b Merrill Lynch Team Fact Sheet
2) Merrill Lynch Team Contact Information and Bios
If you have any other questions, please feel free to contact the NCCSA State Office.
1) AACS 403b Merrill Lynch Team Fact Sheet
2) Merrill Lynch Team Contact Information and Bios
If you have any other questions, please feel free to contact the NCCSA State Office.