403(b) Retirement Program

Prepare Today. Serve Tomorrow.

A retirement savings program built for pastors, ministers, and church staff. Save faithfully through your ministry today so you can be provided for in the years ahead.

A Retirement Program Built for Ministry

The Church Extension Fund 403(b) program helps churches provide a meaningful retirement benefit to those who serve them. Eligible employees can save directly from their paychecks, and participating churches can add to those savings.

Employee Contributions
Eligible church employees set aside a portion of their pay toward retirement through convenient payroll contributions.
Church Matching
Participating churches may choose to match a portion of what their employees contribute, helping savings grow faster.
Employer Contributions
Churches can make additional contributions on behalf of their staff beyond any matching, as their budget allows.
Long-Term Retirement Savings
Contributions are invested over time with the goal of building lasting resources for retirement from ministry.

How It Works

Getting started takes only a few steps for both churches and their employees.

1

Church Enrolls

A participating church joins the program and defines how it will contribute, including any matching it chooses to offer.

2

Employee Enrolls

Eligible staff complete a short enrollment and choose how much of their pay to contribute each period.

3

Contribute Each Payroll

Contributions are deducted each payroll and combined with any church matching or employer contributions.

4

Grow Toward Retirement

Balances are invested over time and participants can track their savings toward their retirement goals.

For Employees

Benefits for Church Employees

Save Straight From Payroll

Contributions come directly out of your pay, so saving for retirement happens automatically.

Benefit From Church Support

When your church matches or contributes, your retirement savings grow beyond what you set aside.

Built for Ministry Careers

Designed specifically for pastors, ministers, and church staff who have devoted their careers to service.

Track Your Progress

See your contributions and savings over time so you can plan with confidence for retirement.

For Churches

Benefits for Churches

Care for Those Who Serve

Offer a meaningful retirement benefit that shows lasting appreciation for your ministry team.

Flexible Contribution Options

Choose the matching or contribution approach that fits your church's budget and priorities.

Attract and Retain Staff

A retirement program helps churches recruit and keep dedicated, long-serving employees.

Simple to Administer

The program is designed to work alongside your existing payroll process with straightforward setup.

Understanding Employer Matching

Churches choose how they want to support their employees' retirement savings. The examples below illustrate common matching approaches — each church decides what it offers.

Percentage Match
Example

e.g. 100% up to 5% of pay

The church matches every dollar an employee contributes, up to a set percentage of the employee's salary.

Partial Match
Example

e.g. 50% up to 6% of pay

The church matches a portion of each dollar contributed, up to a set percentage of the employee's salary.

Fixed Contribution
Example

e.g. 3% of salary

The church contributes a set percentage of salary regardless of whether the employee contributes.

Discretionary Contribution
Example

e.g. year-end contribution

The church may choose to make additional contributions from time to time as its resources allow.

These are illustrative examples only. Each participating church determines its own contribution and matching approach.

Retirement Calculator

Estimate how your savings could grow over time. Adjust the values below to explore different scenarios.

Your Details
Drag the sliders to match your situation.
35 yrs
65 yrs
$55,000
$15,000
6% of pay
4% of pay
2.5%
6%
Projected balance at retirement
$659,083

Est. monthly income

$2,197

Investment growth

$402,618

Your contributions

$144,879

Church contributions

$96,586

Projected Growth

Frequently Asked Questions

Answers to common questions about the 403(b) retirement program.

For Churches

Enroll your church to offer a 403(b) retirement benefit and choose how you want to support your staff.

Start Church Enrollment

For Employees

Eligible church employees can enroll to begin saving for retirement directly from their paycheck.

Open a 403(b) Account

Important Information

The Church Extension Fund is a faith-based nonprofit ministry organization. It is not a bank, broker-dealer, registered investment adviser, custodian, or recordkeeper, and does not accept deposits or provide banking services.

Information on this page is provided for general educational purposes only and does not constitute investment, tax, legal, or financial advice. It is not an offer or solicitation to buy or sell any security. Please consult qualified tax, legal, and financial professionals regarding your individual circumstances.

Participation in the 403(b) program is subject to eligibility requirements and program terms. Contribution limits and rules are established by applicable regulations and may change. Any projections or estimates are illustrative only and are not a guarantee of future results.

Questions About the Program?

Our team is here to help churches and employees understand the 403(b) retirement program and how to get started.

Emailretirement@churchextensionfund.orgPhone(800) 555-0143
HoursMonday–Friday, 8:00 AM – 5:00 PM CT