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.
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 are disabled.
  • 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
* Additional Company Matching Contributions are the 281¤3% match made prior to January 1, 2006 in the Marsh & McLennan Companies 401(k) Savings & Investment Plan 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, 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.
*** These accounts may pertain to employees that transferred along with their Marsh & McLennan Companies 401(k) Savings & Investment Plan accounts from Marsh & McLennan Companies to MMA.
Within each in-service withdrawal category, withdrawals will be paid from the various investment funds on a prorata 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.
Any MMC fixed company contributions transferred from the Marsh & McLennan Companies 401(k) Savings & Investment Plan are not an eligible source of funds for any in-service withdrawals.