At Empower, we proudly support more than 700 churches and religious-affiliated organizations.1
We helped the Mennonite Church modernize its 403(b) retirement trust, making it a more attractive offering as new pastors and related church organizations join the trust
Our expertise in this area makes us uniquely qualified to meet the challenges specific to your organization's needs.
- Expertise in handling qualified church-controlled organizations (QCCO) and nonqualified church-controlled organizations (non-QCCO)
- Support for both ERISA and non-ERISA plan designs
- Proven aggregation services across legacy providers
- Expertise in handling 403(b)(7) and 403(b)(9) plans, as well as church multiple-employer plans
- Payroll flexibility to accommodate multiple ministries
- Easily manage housing allowances and solutions to support Special Catch-up contributions
1 As of March 31, 2016. Information refers to all insurance and retirement business of Great-West Life & Annuity Insurance Company and its subsidiaries.
Not all product offerings and services are available in all states or to all plan sizes and types. Please contact your Empower Retirement representative to determine what is available for your situation.