The Gift of Long Term Disability Insurance
On Memorial Day of 2015, Pastor Mike Francis suffered a heart attack that put him on life support and took away his memory—crippling his ability to pastor. He did not have long-term disability insurance.
Articles
Longevity Annuity Collateral Benefits
You may have heard that very soon, PCA Retirement & Benefits (RBI) will be offering a ‘lifetime income’ solution in the PCA Retirement Plan. This new and innovative type of longevity annuity is known as a ‘Qualified Longevity Annuity Contract’ (QLAC). A QLAC is...
Financial Advice from a Retired Pastor
Retirement does not necessarily mean the cessation of ministry activity. Rather, it simply means no longer relying on ministry to generate revenue needed to support your lifestyle. Everyone’s path to retirement will certainly look different. However, there are people...
Setting Your Financial Goals
Setting Financial Goals for the New YearA new year means new possibilities. You likely have set some goals for yourself about your spiritual life, your health, or your finances. Of course, setting goals is one thing. Changing your habits often proves more challenging....
Toward A More Certain Retirement Future
Gary Campbell CFA® - Investment Specialist
One of the most difficult financial challenges many families face is how to convert retirement assets into an income stream that lasts for a lifetime. RBI’s Financial Planning Advisors hear stories like the following. Jerome and Nancy, a family of five, are nearing...
RBI President Announces Transition Plans
Gary Campbell, president of the PCA's Retirement & Benefits, Inc. (RBI), has informed RBI’s board of directors of his desire to initiate a leadership transition and search for the agency’s next president. Campbell, who has served in the president’s role since...
Finding Holy in the Suburbs, an Interview with Ashley Hales
Ashley Hales breathes life into a place often decried as lukewarm, vilified as selfish, or entirely ignored: the American suburbs. In her first book, Finding Holy in the Suburbs, Ashley provides much-needed teaching on learning to embody the gospel in all of our given places, even the suburbs.
Loving Wife and Church Sacrificially
Bob Clarke – Former Relief Director
The day I was married I assumed the role of a husband. Years later, when I was installed in my first church I assumed the role of a pastor. What I didn’t realize until later was the tension that dual role can create. The word pastor is the Latin word for shepherd....
The Future of the Clergy Housing Allowance
An important case is currently making its way through the federal courts which will impact ministers, and to a lesser extent churches, nationwide. On Oct. 6, 2017, the federal district court declared the clergy housing allowance unconstitutional in the Western...
The Tax Cuts and Jobs Act Will Modify a Number of Employee Benefits
President Donald Trump signed into law the Tax Cuts and Jobs Act on December 22, 2017. This piece of legislation is broad in scope and will affect almost every individual and business, including PCA churches and church related organizations. While the act is broad,...
Updated Version of the Call Package Guidelines is Ready For Use
The 2018 version of the Call Package Guidelines was recently submitted to the 46th General Assembly of the Presbyterian Church in America for their approval. The Assembly, which met in Atlanta, Georgia, exhorted Presbyteries and member churches to implement their use...
Implementing Enhanced Measures for your Security
Earlier this year in response to increased reports of hacking and fraud attempts and due to a noticeable increase of falsified information being submitted to our offices, we implemented additional security measures including verification and confirmation of certain...
7 Things I Want You to Know about me, Ingrid Krein, God’s Poster Child
“Look for yourself, and you will find in the long run only hatred, loneliness, despair, rage, ruin, and decay. But look for Christ, and you will find Him, and with Him everything else is thrown in.” C.S. Lewis I was born in upstate New York to a dad who was a first...
Should We Trust God, or Buy Insurance?
Consider a mother in her late fifties. She is healthy, works a well-paying job, and has life insurance. She is in her twenty-third year of marriage and has three kids in college at the same time. She is a woman of God, her faith motivates her warmth and kindness. Her...
Church Budgets and Compensation Packages
As churches begin creating budgets for the coming year and review their pastoral call packages, PCA Retirement and Benefits (RBI) may be able to lend assistance. We know the importance of annually reviewing call packages, and we even created guidelines for you to...