Compare with other retirement plans
The 黑料历史 Retirement Plan is uniquely designed to serve the retirement needs of 黑料历史 pastors and church staff, offering many benefits other retirement plans cannot.
黑料历史 Retirement Plan |
Other Plans |
| Lifetime income (a pension paid for life) | Rare with other plans. Most are unable to provide funds for life. |
| Disability benefit | Do not offer |
| Death benefit | Do not offer |
| Low total costs (.37%) | Costly investment management fees |
| No commissions | Often paying for advisors & commission fees |
| No fees for pension, disbursements, rollovers or transfers | High fee structures, transactional fees, buy/sell fees and broker fees |
| Continued housing allowance in retirement | Unavailable for secular plans |
| High contribution limit for 403(b) | Limits to Roth & Traditional IRA contributions (unless plan offers 403(b) or SEP) |
| Professionally managed balanced portfolio and diversified asset categories | You often have to choose to pay outside expenses for professional management |
| Allows use of Defined Contribution funds to purchase a second pension | No pension option or costly annuity option |
I encourage every church to make such provisions for their pastors.
John Piper, Founder and Leader of Desiring God
