The Mutual Beneficial Association,
Inc. (MBA) is a Fraternal Benefit Society formed to help railroad employees and
their families. It currently serves not only the railroad community, but
individuals and other companies either affiliated or associated with the
MBA was founded in 1913 and incorporated in the state of Delaware. Today, as at its founding, MBA is owned
and managed by its members. It has a long-standing record of excellence and
offers its members the financial stability of over 95 years of service.
As a fraternal benefit society, MBA
is part of a system unique in its focus on volunteerism. Fraternals provide
financial and organizational support to help their members perform educational,
religious, patriotic and benevolent activities that benefit individuals and
institutions in their local communities and states.
MBA has a rich tradition of
conducting programs and projects of value to both individuals and the
communities with which they are associated. Because of this commitment to such
worthy causes, MBA is legally recognized as a tax-exempt organization.
The Association offers competitively
priced permanent and term life insurance for the entire family. Most plans offer
liberal dividends, which can be used to purchase additional insurance for the
MBA offers high-yielding annuities in
the form of IRAs (both Traditional and Roth) and Tax-Deferred Savings programs.
Both plans are no-load (have no sales charges) and have no annual service fees.
They enable the member to earn a good return and defer taxes until the funds are