National Baptist Convention of America International, Inc. 

Dr. Samuel C. Tolbert, Jr., President

Reverend S.C. Dixon, General Secretary

Ministers Missionaries Benefit Board (MMBB)

Overview: MMBB (The Ministers and Missionaries Benefit Board) offers retirement plans, financial planning, compensation advocacy and tax planning guidance to churches, faith-based institutions, and their staff. MMBB serves over 5,000 churches and 18,000 members across a wide range of denominations giving them peace of mind and financial security.

Benefit to NBCA Members:

MMBB offers 3 unique, affordable, and customizable retirement plans. Offer one, two or all three plans to your staff. You decide. 

Financial planning is a benefit of MMBB membership offered at no cost. MMBB financial planning specialists can help you determine how much you’ll need to save for retirement. They can also help you formulate a plan that will show you how you can make your savings last in retirement. Financial planning specialists provide guidance on everything from budgeting to insurance to estate planning. They’ll help with strategies for debt management and repayment, creating an emergency fund and saving for the future.

MMBB also provides compensation advocacy and tax planning resources. They offer thought leadership and advocate for fair compensation. When it comes to negotiating clergy compensation, MMBB supplies helpful tools to assist both pastors and church leadership with the process.

MMBB offers tax guidance for both churches and clergy. Available resources include reporting requirements for churches, guidance for clergy tax return preparation and information on the housing allowance in retirement.