We invite you to learn about a state sponsored retirement plan: The Massachusetts 401(k) CORE Plan (“CORE Plan”). Join us for a virtual information session, hosted by local CORE Plan representative and MVSSO Provider, Lisa Cardinal, to learn how this unique program can benefit your organization. More information is provided below.
CLICK HERE TO REGISTER
With a deep commitment to the nonprofit sector in the state, the Commonwealth of Massachusetts created a retirement plan specifically for nonprofits in our state. The program was initially available to Massachusetts nonprofits who had 20 or fewer employees at the time of plan adoption. Legislation has recently passed expanding that eligibility and is now available to Massachusetts nonprofits who have 100 or fewer employees at the time of plan adoption. The Massachusetts 401(k) CORE Plan was built for and is tailored to the Massachusetts nonprofit community.
The Office of the State Treasurer sponsors the Plan and meets regularly with an advisory board made up of public benefit and nonprofit leaders across the state to stay apprised of the interest of the sector and to make sure the Plan continues to meet the needs of the nonprofits it serves. The Commonwealth also acts as a Plan Fiduciary, so the organizations enrolled in the Plan don’t have to shoulder most of that role. This makes the CORE Plan an easy way for nonprofit leaders to offer their employees a quality, affordable benefit, without having to take on a lot of extra work.
Employees are a nonprofit organization’s greatest asset. Offering a retirement plan is an effective way to attract, retain, and reward key talent. If you already offer your employees a retirement plan, Lisa can help you compare it to the CORE Plan. For more information about the CORE Plan, please attend our webinar.
MVNC P.O. Box 1018 West Tisbury, MA 02575 T: 917.855.1891 Privacy Policy©2025 Martha's Vineyard Nonprofit Collaborative
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