by Taylor Johnson | Apr 28, 2020 | Retirement
Roth IRAs and 403(b)sRoth IRAs are retirement plans that can be used by anyone while Roth 403(b)s are retirement plans that are offered by the employer.While there are no income restrictions for those who can contribute to a Roth 403(b), a Roth IRA does have income...
by Taylor Johnson | Apr 16, 2020 | Participant Resources, Retirement
What Does the Bible Say About Money and Stewardship? Did you know that there are roughly 2,350 verses concerning money in the Bible? That’s almost twice as many as verses about faith and prayer combined. Jesus had a lot to say about money: Nearly 15% of...
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 | 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)...
by Taylor Johnson | Feb 10, 2020 | Retirement
IRAs are a great retirement savings option for small organization or individuals. Many small employers, ministries, or faith-based organizations don’t have the money or experience to offer a retirement plan at all, let alone one with either a basic or matching...
by Taylor Johnson | Feb 5, 2020 | Retirement
The main difference between an IRA and a 403(b) is the type of account. A 403(b) is set up by the employer while the IRA can be set up by an individual.EligibilityEligibility for a 403(b) depends on the employer. Except for a couple of small restrictions, almost...
