Church Pension Group | Enrolling and Contributing

Enrolling and Contributing

To Be Eligible

In retirement, you may enroll in, or contribute to, a pension or retirement savings account only if you are currently earning income from a participating Church employer.

Enroll

If your employer participates in the RSVP plan, enrolling is easy.

  1. Complete the Employee Application Form and return it to your employer.
  2. Once your enrollment is confirmed, create a login to your Retirement Savings Account with Fidelity.
  3. Choose your investment options, if you wish.
  4. Complete the RSVP Beneficiary Designation Form.

To participate, your employer should complete the Employer Adoption Agreement and contact us at (866) 802-6333, Monday - Friday, 8:30AM – 8:00PM ET (excluding holidays).

2023 IRS Contribution Limits

Under 50 years old  2022 2023
Combined total that you + your employer contribute* $61,000 $66,000
Maximum amount you may contribute $20,500 $22,500
 Age 50 years and older** 2022 2023
Combined total that you + your employer contribute* $64,500 $73,500
Maximum amount you may contribute $26,000 $30,000

*The combined total that you and your employer contribute may not exceed 100% of your compensation

**Includes catch up amount for those 50 years and older of $6,500

 

 

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