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Financial Health

Advice for Seminary Graduates: 5 Ways for New Graduates to Prepare for their Financial Future

Dave Anderegg, a Financial Planning Advisor for PCA Retirement & Benefits (RBI), shares his financial advice for new seminary graduates.

Transitioning of the PCA Target Retirement Fund 2010

Effective January 1, 2020, the PCA Target Retirement Fund 2010 will be closed to all new investors and the assets will transition into the PCA Harvester Fund.  This transition is part of the intended design for all PCA Target Retirement Funds and moves assets into the...

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...

The Administrative Pastor’s Guide to Budgeting

No matter where your church is in the budgeting process, it’s never too early to start thinking about next year.

5 Things to Know About the Court’s Ruling

The U.S. Seventh Circuit Court recently ruled in favor of the clergy housing allowance, defending the constitutionality of it as a permissible tax benefit. We praise God for this ruling and want to make you aware of its significance moving forward.

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...

Retirement Income

From the time of the Reformation until about 1800, life expectancy in Europe averaged less than 40 years of age. By 1900, it had increased to 49. In God’s gracious providence, with the advent of modern medicine, immunizations, sanitation, water purification, and...

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

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 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...