A Trusted Partner
to Ys Since 1922
The work you and your employees do at the Y impacts the lives of so many, and that dedication deserves a one-of-a-kind retirement benefit that follows participants for life… think of it as a lifelong benefit for all the good that you and your employees do for your community.
What Makes Y Retirement So Unique?
You hear us say that Y Retirement offers a one-of-a-kind, truly unique benefit… but what makes it so special?
Y Retirement Provides Guaranteed Income For Life
Contributions to Y Retirement accounts grow with daily compounding interest and when Y employees are ready to retire, they can convert their money into lifetime income—a protected stream of monthly payments—for the rest of their lives.
Y Retirement is Safe and Secure
Since 1922, account balances at Y Retirement have never gone down and retirement payments have never been missed. Our dedicated team of investment professionals manage the risks across a diversified portfolio, so Y employees don’t have to.
One Fund, Two Plans
Y Retirement Plans incorporate features of both defined contribution and defined benefit plans, meaning we help participants accumulate retirement savings AND receive guaranteed income for life. The Y Retirement benefit is more flexible than a defined benefit plan (offering some plan portability) and provides more safety than a typical defined contribution plan by managing investment and longevity risk.
401(a) Retirement Plan
Those employees who are eligible for the 401(a) Retirement Plan receive a generous contribution to their accounts, which may be entirely covered by the Y, or shared between the employer and employee.
403(b) Savings Plan
Available to all employees of participating Ys beginning on their first day of employment, regardless of age, hours worked, length of service, or compensation. Savings are allowed on a tax-deferred or Roth basis.
When We Say Partnership, We Mean It
We take our partnership with the Y seriously, and we mean it when we say that we’re proud to serve those who are serving others. This is why each participating YMCA is assigned experts from the Y Relations Team to support you in administering the benefit, and help your employees make the most out of their savings.
Virtual and In-Person Education Designed for Your Y
Our Y Relations Team is happy to provide personalized education opportunities for your Y employees virtually or in-person. From understanding the basics of the benefit, to learning more about financial wellness in retirement, we’re here to support your employees every step of the way.
1:1 Personal Consultations
As a participating YMCA, your employees have access to individualized support from our team. While our team can’t provide specific advice, we can discuss your employees’ unique retirement goals, and help them understand their options with the Y Retirement benefit.
24/7 Learning Center Access
In addition to in-person or virtual support, employees at participating Ys, regardless of their 401(a) Retirement Plan eligibility status, can access the Y Retirement Learning Center anytime, anywhere. They can participate in eLearnings, watch videos, and read FAQs—all at their own pace.
Ready to learn more about partnering with Y Retirement?
Great! We are excited you’re taking the next steps to learn more about offering your employees the opportunity for guaranteed income for life. Connect with us below to learn more!