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 is:
After-tax Withdrawal
All or a portion of after-tax contributions and any associated earnings on those contributions.
Rollover Withdrawal*
All or a portion of rollover contributions and any associated earnings on those contributions.
  • After-tax rollover contributions
  • Before-tax rollover contributions
  • Roth 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 Roth rollover 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 including catch-up
  • Roth rollover contributions
  • Roth 401(k) contributions including catch-up
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 Roth rollover 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 including catch-up
  • Roth rollover contributions
  • Roth 401(k) contributions including catch-up
In-Plan Roth Conversion Withdrawal
All or a portion of In-Plan Roth Conversion Account.
  • In Plan Roth Conversion Account
* If (i) you elect an Age 59-1/2 In-Service Withdrawal, Disability Withdrawal or Rollover withdrawal, (ii) you have made Roth 401(k), Roth rollover or Roth catch-up contributions and (iii) you do not satisfy the required five taxable year period for a qualified distribution, your withdrawal will be considered a non-qualified distribution (and earnings on those contributions will be taxable). The five taxable year period begins upon the earliest of the following: (1) your first Roth 401(k) contribution to the Plan, (2) your first in-plan Roth conversion under the Plan, or (3) your first Roth contribution to another employer's 401(k), section 403(b) or governmental section 457(b) plan if you made a direct rollover of Roth contributions from the other plan to this Plan. The Roth rollover, 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. In addition, the Roth rollover money type will be the last in the hierarchy for the withdrawal of funds under the Rollover Withdrawal.
** 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.
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.