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?
Need help? Download the Portal Guide.
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?
Have questions about quarterly statements, plan distributions or other plan administrative items?
Have any other questions about your plan?
ENROLLED? READY TO ENROLL?
Need help? Download the Portal Guide.
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?
Have questions about quarterly statements, plan distributions or other plan administrative items?
Have any other questions about your plan?
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
Retiring or interested in taking a distribution from the plan?
ALERT
Important Plan Updates:
A new document, “Understanding Your Retirement Plan Fees“, has been uploaded.
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).
Do You Have Housing
Allowance Questions?