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Find a Location

MissionSquare Retirement has 1 locations, listed below.

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    Business ProfileforMissionSquare Retirement

    Financial Services
    BBB accredited business

    At-a-glance

    Customer Reviews

    1/5stars

    Average of 20 Customer Reviews

    Customer Complaints

    132 complaints closed in last 3 years

    106 complaints closed in last 12 months

    BBB Rating & Accreditation

    Accredited Since: 1/10/2024

    Years in Business: 52

    Customer Reviews are not used in the calculation of BBB Rating

    Reasons for BBB Rating

    Business Details

    Location of This Business
    777 N Capitol St NE Ste 600, Washington, DC 20002-4290
    BBB File Opened:
    6/11/1997
    Years in Business:
    52
    Business Started:
    1/1/1972
    Business Started Locally:
    1/1/1972
    Business Incorporated:
    1/1/1972
    Accredited Since:
    1/10/2024
    Licensing Information:
    This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
    BBB records show a license number of CRD#: 108783/SEC for this business, issued by Financial Industry Regulatory Authority (FINRA)

    These agencies may include:

    Financial Industry Regulatory Authority (FINRA)

    1735 K Street

    Washington DC 20006

    (301) 590-6500

    BBB records show a license number of CRD#: 23189/SEC for this business, issued by Financial Industry Regulatory Authority (FINRA)

    These agencies may include:

    Financial Industry Regulatory Authority (FINRA)

    1735 K Street

    Washington DC 20006

    (301) 590-6500

    Type of Entity:
    Corporation
    Alternate Business Name
    • ICMA-RC
    • ICMA Retirement Corporation
    • The International City Management Association Retirement Corporation
    Business Management
    • Ms. Deanna J Santana, President/CEO
    • Mr. Thomas McAndrews, Company Contact
    • Ms. Sheri Gilchrist, Company Contact
    Contact Information

    Principal

    • Ms. Deanna J Santana, President/CEO
    Additional Contact Information

    Industry Tip

    BBB Tip: How to shop for financial services

    Customer Complaints

    132 Customer Complaints

    Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

    File a Complaint

    Most Recent Customer Complaint

    05/11/2023

    Complaint Type:
    Product Issues
    Status:
    Answered
    I have a *** retirement account with MISSION SQUARE RETIREMENT (MSR). The *** account allows employees to receive retirement distributions when they leave employment, regardless of the person's age without early withdrawal penalties, as per Federal Law. When I received my 2022 1099-R's from MSR they sent me one stating that a portion of my distribution was subject to early withdrawal penalties (10%). I've been receiving distributions for years with no penalty until 2022. I called MSR on 4-12-23 and spoke to a customer service representative who informed me the 1099-R was incorrect and that a new one would be emailed to me in 5 to 7 days, which I never received. Can we get a copy of this recorded conversation? So, after 3 weeks I sent a message via MSR's Website inquiring about the new 1099-R (messages attached). MSR responded by saying that it was now too late to correct the 1099-R and that my distributions are not subject to early withdrawal penalties (yet the 1099-R they sent me states that I did withdrawal the funds early and is subject to a 10% penalty that I will have to pay when I file my 2022 taxes). MSR will not explain or even a knoledge their own contradictions. MSR sent me a 1099-R that states a portion of my distribution is subject to earl withdrawal penalties, while at the same time telling me they are not subject to such penalties. Further discussions with MSR is futile, which is why I'm filing this complaint.
    Read More

    Customer Reviews

    20 Customer Reviews

    What do you think? Share your review.

    How BBB Processes Complaints and Reviews

    Start a Review

    Most Recent Customer Review

    PER A

    1 star

    01/16/2024

    My wife passed in November 2023. We both have our individual "401K/IRA" accounts. I have notified Mission Square {now Icmarc) about my wife's passing, Mission Square sent me a mail notice that I am listed as the beneficiary, in my wife's will which has been submitted to Mission Square by everybody listed as heirs of her assets. Today I called Mission Square to get an update and this customer service agent said that I had to send in a verification of death because she couldn't see anything on her computer that this had been done. almost every time, about 6 times, I have made phone contact about this it is the same lady answering or calling back and she does not seem to recognize that I have already done this. Once I got connected with a male person who was much more helpful

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