403(b) Retirement Plan

Whether you’re ready to enroll or a seasoned contributor, this resource center is your go-to hub for important features, benefits and updates related to your Orthodox Presbyterian Church (OPC) 403(b) Retirement Plan.

ENROLLED? READY TO ENROLL?

CLICK ON THE DOCUMENT IMAGE TO DOWNLOAD

New Participant
Information Form

Fill out this form to notify our team that you’re interested in joining the retirement plan and provide us with your contact information, which we’ll use to set up your online account. Note that this process only sets you up within our system; you will also need to login to your account and make beneficiary and investment elections.

2020 ACH Authorization for
Employer/403(b) Contributions

This form confirms how much and when contributions from your local church (employer) should be remitted to the retirement plan, through the Willow Grove office. These contributions take place via ACH, and this form requests important banking details for making these transactions.

Plan Participation
Agreement Form

Each local church who has a pastor or employee contributing to the retirement plan must sign a Participating Employer Agreement, which confirms that the local church has agreed to follow the rules of the plan set up by the OPC. A copy of the Summary Plan Document (rules of the retirement plan) is included below, under “Standard Plan Documents.”

CLICK ON THE DOCUMENT IMAGE TO DOWNLOAD

New Participant
Information Form

Fill out this form to notify our team that you’re interested in joining the retirement plan and provide us with your contact information, which we’ll use to set up your online account. Note that this process only sets you up within our system; you will also need to login to your account and make beneficiary and investment elections.

2020 Salary Deferral
Agreement Form

Please use this form to elect how much of your salary you would like to defer into your retirement plan.

2020 ACH Authorization for
Employee/403(b) Contributions Form

This form confirms how much and when contributions from your local church (employer) should be remitted to the retirement plan, through the Willow Grove office. These contributions take place via ACH, and this form requests important banking details for making these transactions.

Key Factors to Consider
for Employee Contributions

Use this “cheat sheet” to learn the five important factors you must consider when setting up contributions to your retirement plan.

Plan Participation
Agreement Form

Each local church who has a pastor or employee contributing to the retirement plan must sign a Participating Employer Agreement, which confirms that the local church has agreed to follow the rules of the plan set up by the OPC. A copy of the Summary Plan Document (rules of the retirement plan) is included below, under “Standard Plan Documents.”

Want more information about making or changing contributions to your plan?

Email Mark Stumpff


Have questions about quarterly statements, plan distributions or other plan administrative items?

Contact Deb Teske


Have any other questions about your plan?

Contact Benjamin Hayes or Contact Dan Holdridge.

ENROLLED? READY TO ENROLL?

CLICK ON THE DOCUMENT IMAGE TO OPEN AND DOWNLOAD

New Participant
Information Form

Fill out this form to notify our team that you’re interested in joining the retirement plan and provide us with your contact information, which we’ll use to set up your online account. Note that this process only sets you up within our system; you will also need to login to your account and make beneficiary and investment elections.

2020 ACH Authorization for
Employer/403(b) Contributions

This form confirms how much and when contributions from your local church (employer) should be remitted to the retirement plan, through the Willow Grove office. These contributions take place via ACH, and this form requests important banking details for making these transactions.

Plan Participation
Agreement Form

Each local church who has a pastor or employee contributing to the retirement plan must sign a Participating Employer Agreement, which confirms that the local church has agreed to follow the rules of the plan set up by the OPC. A copy of the Summary Plan Document (rules of the retirement plan) is included below, under “Standard Plan Documents.”

CLICK ON THE DOCUMENT IMAGE TO OPEN AND DOWNLOAD

New Participant
Information Form

Fill out this form to notify our team that you’re interested in joining the retirement plan and provide us with your contact information, which we’ll use to set up your online account. Note that this process only sets you up within our system; you will also need to login to your account and make beneficiary and investment elections.

2020 Salary Deferral
Agreement Form

Please use this form to elect how much of your salary you would like to defer into your retirement plan.

2020 ACH Authorization for
Employee/403(b) Contributions Form

This form confirms how much and when contributions from your local church (employer) should be remitted to the retirement plan, through the Willow Grove office. These contributions take place via ACH, and this form requests important banking details for making these transactions.

Key Factors to Consider
for Employee Contributions

Use this “cheat sheet” to learn the five important factors you must consider when setting up contributions to your retirement plan.

Plan Participation
Agreement Form

Each local church who has a pastor or employee contributing to the retirement plan must sign a Participating Employer Agreement, which confirms that the local church has agreed to follow the rules of the plan set up by the OPC. A copy of the Summary Plan Document (rules of the retirement plan) is included below, under “Standard Plan Documents.”

Want more information about making or changing contributions to your plan?

Email Mark Stumpff


Have questions about quarterly statements, plan distributions or other plan administrative items?

Contact Deb Teske


Have any other questions about your plan?

Contact Benjamin Hayes or Contact Dan Holdridge.

Please send all secured, scanned paperwork to:
[email protected]

OR, fax completed documents to:
215-830-0350

OR, send in paper submissions to:

Committee on Ministerial Care
Attn. Mark Stumpff
607 Easton Rd, Bldg E
Willow Grove, PA 19090-2539

CONTRIBUTIONS, DISTRIBUTIONS & ROLLOVERS

Interested in
making employee
contributions?

Are you up to date
on all
the latest news
on taxes?

Interested in rolling your
403(b) or IRA into the
OPC Retirement Plan?

Retiring or interested in taking a distribution from the plan?

OPC 403(b) Enrollment

Watch the video to learn more about important plan details and features.

OPC 403(b) Investment Selection

Watch the video to learn more about your investment options in the OPC Retirement Plan and how you can make updates to your investment selection.

OPC Housing Allowance

The Committee on Ministerial Care has designated the housing allowance for the 403(b) Retirement Plan be set at $1,800 per month (or $21,600 annually) for the calendar year 2019 and beyond. The housing allowance designation applies to the 403(b) Retirement Plan distributions for any ordained retired recipient, provided that such housing allowance is not to exceed the actual expenditures for housing, utilities, maintenance, repairs and other expenses related to providing a house. The 2018 housing allowance was $1,750 per month (or $21,000 annually).

Delve deeper into topics such as taxes, retirement, personal stewardship, and more.

Donate Now
WordPress Lightbox