Serving Reformed Churches
As our name implies, Geneva Benefits specializes in helping reformed churches and connected ministries provide financial, emotional, and physical wellbeing to their ministry staff.
Benefits
Retirement Planning for Pastors
In our research, we found that 70% of PCA pastors are not confident that they have enough savings for retirement, and therefore need to plan for retirement. As many PCA pastors reach retirement age, Geneva helps the most pressing cases with financial aid through the Relief Fund.
A History of Geneva Benefits Group and the PCA
For fifty years, Geneva Benefits Group has administered the Ministerial Relief Fund on behalf of the Presbyterian Church in America (PCA). The first General Assembly of the PCA established this committee to manage retirement and benefits of the newly formed denomination and to develop a program to “meet the needs of ministers and other workers in the church in an adequate manner.”
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...
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...
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,...
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...