Going into business for yourself offers independence. But it also usually means covering your own health insurance, retirement plan, Social Security taxes and a host of other benefits an employer would normally pick up.

Not true at Modern Woodmen. As a Modern Woodmen representative you’ll earn these valuable benefits.* 

Medical and dental insurance coverage

• Your premium paid by Modern Woodmen.
• Your spouse’s and children’s premium costs shared by Modern Woodmen.
• Eligibility begins after three months under contract.

Matching 401(k) plan

• Contribute up to 15 percent of your compensation.
• Modern Woodmen matches 50 percent of your contribution, up to 6 percent.
• Eligibility begins after one year under contract and reaching age 21.
• Vesting is on a gradual schedule.
• Society contributions are 100 percent vested after six years of service.

Noncontributory retirement plan

• Monthly retirement annuity to be earned each year.
• (0.0175 x annual compensation)/12.
• Credits begin after six months under contract.
• Vested after five years of active service.

Group term life insurance

• Premium paid by Modern Woodmen.
• Coverage of two times your compensation earned over 12 months immediately prior to death.
• $200,000 maximum benefit.
• Eligibility begins after one year of continuous service under contract.

Social Security and Medicare taxes

• Modern Woodmen contributes 7.65 percent.

Additionally …

• Optional group disability insurance benefits.
• Up to 90 percent discount on local advertising through Modern Woodmen’s co-op advertising program.
• Tuition reimbursement for qualifying courses leading to industry designations.

* Benefits described are as of June 2006 and are subject to change. All benefits apply to Modern Woodmen representatives holding full-time contracts.