How The Fund Works

Retirement Plan

The Retirement Plan is a 401(a) defined contribution account balance plan. Benefits at retirement are determined by the amount saved during one's career, plus interest credited.

See how much to contribute

2020 Limits listContribution Limits Calculator
Determine the maximum amount you can contribute 


See how much to save now

Retirement Goal


Before you can be enrolled in the Retirement Plan, you must meet certain age and service requirements. Read more…

Plan Contributions

Contributions to the Plan are based on your salary. Your Y chooses a total contribution rate of 12%, 11%, 10%, 9%, or 8%. Within that contribution rate, your Y also determines whether they will require you to save in the Plan.  

How Contributions Work

Suppose your Y has chosen a 12% contribution rate and your paycheck is $2,500. If your Y makes the entire contribution, $300 will be sent to your YMCA Account after every payroll.  

If your Y has chosen to pay 7% and requires you to pay 5%, your Y will send $175 to your YMCA Account and $125 will be deducted from your paycheck for your Personal Account.

Contribution Rate = 12%
Your Paycheck = $2,500 

When your Y
Pays All 

When You
Pay Some 

YMCA Account Contribution



Personal Account Contribution



Total Contribution Each Payroll



Tax Issues

Contributions made to your YMCA Account, and the interest credited to that account, are not taxed until you take a withdrawal from your accounts.  

If your Y requires you to make contributions to your Personal Account, your contributions have already been taxed. Because your contributions are after-tax, only the interest credited to those contribu­tions is taxed when you take a withdrawal.