Ministers Retirement Fund Incorporated (MRFI) board announces yields for new MRFI 403(b) plan for April 1, 2009 through March 31, 2010.
403(b) Plan Annualized Yields:
8.393% - Combined Plan
9.205% - Mutual Fund Portion
2.772 % - -MRF Board Managed Portion
MRFI moved from an all Board Managed Fund, 401(a) plan, October 1, 2008 to the new 403(b) plan. The board wanted to provide mutual fund options for ministers who were interested in choosing their own investment risk. The board is happy to report the above returns which shows the value of the change to the new 403(b) plan. All ministers of the UPCI are encouraged to actively save for their retirement through the MRFI. If you have not started you are encouraged to start immediately by clicking here http://www.envoyfinancial.org/430696.ihtml