MMC Benefits Handbook
In-Service Withdrawals
There are seven types of in-service withdrawals as well as a financial hardship withdrawal. You may ask to receive shares of Marsh & McLennan Companies stock or a check for these withdrawals.
Fixed Company contributions are not an eligible source of funds for any in-service withdrawals. Accordingly, if you have not made any employee contributions to the Plan and your account balance consists solely of fixed Company contributions, you are not eligible to take any in-service withdrawals.
The withdrawal options available under the Plan are listed below.
Withdrawal Options
The Hierarchy for the Withdrawal of Funds are:
After-tax Withdrawal
All or a portion of after-tax contributions and any associated earnings on those contributions.
  • Pre-87 after-tax contributions
  • Post-86 after-tax contributions
  • After-tax rollover contributions
Rollover Withdrawal
All or a portion of rollover contributions and any associated earnings on those contributions. (Excludes direct rollover of Roth 401(k) contributions and earnings.)
  • Rollover contributions
MHRS Plan Account Withdrawal
All or a portion of MHRS Plan Account.
  • MHRS Plan Account
Employer Withdrawal
All or a portion of Vested Company Matching Contributions and any associated earnings on those contributions.
  • Prior plan company matching contributions
  • Profit sharing prior plan contributions
  • Company matching contributions
  • Performance-based Company matching contributions
  • Additional Company Matching Contributions*
  • CSI ER ESOP Merge
Age 59-1/2 Withdrawal**
All or a portion of the vested account balance, provided you are an active employee and at least age 59-1/2.
  • Pre-87 after-tax contributions
  • Post-86 after-tax contributions
  • Rollover contributions (excluding rollover Roth 401(k) contributions and earnings)
  • MHRS Plan Account
  • Prior plan company matching contributions
  • Profit sharing prior plan contributions
  • Company matching contributions
  • Performance-based Company matching contributions
  • Additional Company Matching Contributions*
  • Special Company Contributions
  • Safe Harbor Match
  • CSI ER ESOP Merge
  • Before-tax contributions
  • Rollover Roth 401(k) contributions
  • Roth 401(k) contributions
  • Roth catch-up contributions
Disability Withdrawal**
All or a portion of the vested account balance, provided you have been approved for benefits under the Marsh & McLennan Companies Long Term Disability Plan in accordance with plan provisions.
  • Pre-87 after-tax contributions
  • Post-86 after-tax contributions
  • Rollover contributions (excluding rollover Roth 401(k) contributions and earnings)
  • MHRS Plan Account
  • Prior plan company matching contributions
  • Profit sharing prior plan contributions
  • Company matching contributions
  • Performance-based Company matching contributions
  • Additional Company Matching Contributions*
  • Special Company Contributions
  • Safe Harbor Match
  • CSI ER ESOP Merge
  • Before-tax contributions
  • Rollover Roth 401(k) contributions
  • Roth 401(k) contributions
  • Roth catch-up contributions
In-Plan Roth Conversion Withdrawal
All or a portion of In-Plan Roth Conversion Account.
  • In Plan Roth Conversion Account
* Additional Company Matching Contributions are the 28-1/3% match made prior to January 1, 2006 on certain contributions made by participants who met certain age and Plan participation requirements.
** If (i) you elect an Age 59-1/2 In-Service Withdrawal or Disability Withdrawal (ii) you have made Roth 401(k) or Roth catch-up contributions and (iii) your first Roth money was contributed to the Plan less than five (5) taxable years ago (whether through the Plan's Roth 401(k) feature or an in-plan Roth conversion), your withdrawal will be considered a non-qualified distribution (and earnings on those contributions will be taxable). The Roth 401(k) and Roth catch-up money types will be the last in the hierarchy for the withdrawal of funds under the Age 59-1/2 in-Service Withdrawal or Disability Withdrawal.
Within each in-service withdrawal category, withdrawals will be paid from the various investment funds on a pro-rata basis.
You may view the amounts available for withdrawal online. Go to Colleague Connect (https://colleagueconnect.mmc.com), click Career & Rewards and select Transamerica under Tools or call the Employee Service Center at +1 866 374 2662.