A Retirement Plan Uniquely Designed For Assemblies of God Ministers and Ministry Employees
AG Financial Solutions offers AG pastors and employees a retirement solution that’s easy to establish and administer. With the AG Financial 403(b) Retirement Plan, your employees will benefit from investment returns competitive with the finest institutions in the country. In addition, pastors and staff employees will enjoy access to a nationwide team of dedicated financial and legal consultants who will guide your church through every step.
Since 1945, we’ve been helping ministers and ministry employees save for retirement. In fact, ours is the only retirement plan endorsed by the General Council of the Assemblies of God, with over 24,000 members and more than $1 billion in assets.
Benefits of the AG Financial 403(b) Retirement Plan
No Employer Cost
There is no fee to establish or maintain an AG Financial 403(b) Retirement Plan.
All ministers and ministry employees are immediately eligible to enroll in the plan depending on your ministry’s written plan.
Individuals can choose how to contribute to the 403(b). The pre-tax option allows contributions to be taken out before taxes. The ROTH option allows you to pay taxes now on your contributions and, in return, withdrawals in retirement are tax-free.
Multiple Investment Strategies
To view details about the strategies below, view our Fund Descriptors.
- The MBA Income Fund pays a fixed rate that is declared quarterly with interest compounding monthly.
- Individual investment options allow you to blend the MBA Income Fund with a stock strategy.
- Target-date strategies allow you to choose a strategy based on your date of retirement.
- Risk-based strategies will create a well-diversified portfolio with one investment choice.
Special Tax Benefits
Retired ministers benefit from the ability to continue to declare housing on 403(b) distributions providing significant tax savings during retirement.
Get started by contacting us today »