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Board Awards Record $190.2M Read Full Press Release

Pension Fund of the Christian Church

Employer-Sponsored Retirement Products

Overview

As a church plan, Pension Fund is able to offer flexible and worry-free retirement options for employers and their employees. Our team of Area Directors will meet with you to discuss your needs and help you get started.

Individual Savings & Retirement Products

Overview

Whether you’re just starting out or closer to retirement, choose from a variety of products to help you reach your retirement and savings goals.

Program Applicants

Ministerial Relief & Assistance

Our relief programs meet the evolving needs of new, active, and retired clergy and their families to ensure all ministers and lay workers can enjoy a strong, smart, secure retirement.

Supporters & Donors

Make An Impact with a Donation

Your gifts and financial support helps ministry workers in need bridge the unexpected from now until retirement (and beyond).

Resources

Overview

Discover planning and educational tools & resources to help you navigate your financial wellness journey.

For Members & Clergy

For Members

Guides, factsheets and resources to aid you on the Road to Financial Wellness.

For Clergy

Clergy-specific resources to support your call to ministry.

For Employers

For Employers

Hiring tip sheets, tax guides and more to help you manage your employees' benefits.

Your Money Line

Pension Fund has partnered with Pete the Planner® to provide members with access to financial guides who will help answer your tough financial questions & online tools such as calculators and eLearning courses.

Stay Connected

News & Publications

Events

The Gathering

Pension Fund's biennial conference that connects pastors to learn and discuss spiritual, health & financial wellness.

Employer-Sponsored Retirement Products

Overview

As a church plan, Pension Fund is able to offer flexible and worry-free retirement options for employers and their employees. Our team of Area Directors will meet with you to discuss your needs and help you get started.

Individual Savings & Retirement Products

Overview

Whether you’re just starting out or closer to retirement, choose from a variety of products to help you reach your retirement and savings goals.

Program Applicants

Ministerial Relief & Assistance

Our relief programs meet the evolving needs of new, active, and retired clergy and their families to ensure all ministers and lay workers can enjoy a strong, smart, secure retirement.

Supporters & Donors

Make An Impact with a Donation

Your gifts and financial support helps ministry workers in need bridge the unexpected from now until retirement (and beyond).

Resources

Overview

Discover planning and educational tools & resources to help you navigate your financial wellness journey.

Your Money Line

Pension Fund has partnered with Pete the Planner® to provide members with access to financial guides who will help answer your tough financial questions & online tools such as calculators and eLearning courses.

IRA Rollover Extension for 2014

On Dec. 16, 2014, the U.S. Senate passed HR 5771 which includes a one year extension of expired tax provisions retroactive to Jan. 1, 2014. This reauthorizes the IRA charitable rollover through Dec. 31, 2014, pending President Obama's signature.

The principal rules for direct transfers from a IRA to a qualified public charity, such as Pension Fund's Ministerial Relief and Assistance, are that the IRA owner must be 70½ or older and that the transfer is for no more than $100,000 each year. The amount transferred will fulfill all or part of the required minimum distribution. It must be to a public charity either outright or for a specific purpose. The transfer is made directly from a trustee to the charitable organization.

For example, in 2014 you can authorize a direct transfer of the minimum distribution required from your IRA (such as Pension Fund's Legacy IRA) to a charity (such as Pension Fund's Ministerial Relief and Assistance), and the minimum distribution will not be included in your gross income. Note that since there is no income tax inclusion, there is no charitable income tax deduction either. The provision expires Dec. 31, 2014, and no one is sure if Congress will discuss an extension next year.

If you wish to make an IRA distribution to a charity for 2014, you will need to have your IRA trustee or broker send your funds directly to the charity no later than Dec. 31, 2014. If you have any questions regarding making a donation from an IRA, call Ruth Chavez Wallace (Pension Fund VP of Development) directly at 1.866.495.7322 to discuss your options.