Retirement Planning Tips for Plan Sponsors and Participants
For Plan Sponsors
Typically, 401(k) plans are used in the for-profit world and 403(b)(9) plans are strictly for churches or those with 501(c)(3) church status. However, there are 401(k) church plans. So which plan is best for your church?
The retirement plan your organization offers is either ERISA or non-ERISA. And as a retirement plan fiduciary, it’s crucial that you know which category your plan is in.
Are you an employer of a church? Find out why a 403(b)(9) retirement plan may be a better option than a 403(b) plan.
For Plan Participants
Here’s what you need to know about social security benefits. Plus, some advice for pastors who are thinking about opting out of social security.
Discussing your future retirement with your spouse is critical if you want a happy, healthy retirement. Unfortunately, this topic can create tension. Here’s how to have a healthy retirement conversation with your spouse.
6 red flags to be aware of when working with retirement plan providers
Are you starting to question the validity of your retirement plan provider…or some of the ones you’ve recently talked to?
Sign up for our 6-part email series to learn about plan provider gimmicks and ploys you should look out for.