by Taylor Johnson | Mar 23, 2020 | Retirement
What are ERISA PlansERISA organizations are subject to the rules put into effect by The Employee Retirement Income Security Act of 1974 (ERISA). This is a federal law that is intended to provide protection to participants in a retirement plan by identifying reporting...
by Taylor Johnson | Mar 16, 2020 | Plan Selection
You need a retirement plan for your ministry organization. A retirement plan has many benefits for your organization and for your employees.Here are some facts about retirement:Your employees have to plan for 30 (or more) years of retirement. They may need up to 80%...
by Taylor Johnson | Mar 15, 2020 | Plan Selection
What is a Church Retirement Plan? A Church Retirement Plan, or a 403(b)(9) Plan, is designed for the unique needs of a church or those with 501(c)(3) church status. All Church Plans are considered Non-ERISA, which do not involve employer contributions and do not need...
by Taylor Johnson | Feb 19, 2020 | Participant Resources
Many people assume that if they work hard and save enough, they will reach the nirvana of retirement. But what exactly does that look like? Let’s explore this state of presumed perpetual happiness.So, why do some people work during retirement? The general assumption...
by Taylor Johnson | Feb 17, 2020 | Retirement
You may already know what a 403(b) retirement plan is and why you might choose it over a 401(k) plan. But do you know what a 403(b)(9) plan is? How do you know if it’s right for your ministry?Simply stated, 403(b)(9) plans are for churches, or those with 501(c)(3)...
