Investment in a Missionary Retiral Agreement ensures that while you help build your ministry overseas, you are building your financial future.
Retirement savings plan for active missionaries under age 70 and on allowance.
Investment available for overseas missionaries during the years they can take advantage of the foreign earned income exclusion. Allows missionaries to maximize the amount they invest for retirement.
Minimum initial investment is $1.
Statements sent quarterly.
10% penalty for withdrawal prior to age 59 1/2.
Interest income is reported to IRS and is taxable annually.