Whether you are already retired, retiring soon or retirement is years away, to live well in retirement depends on how carefully you plan, save and invest. It starts with an appropriate retirement money management plan, and requires on-going review of your financial situation and goals, and the discipline to stick to your strategy.
Regardless of whether you started investing for retirement when you were young or if you're playing catch-up now, taking part in tax-deferred savings opportunities, like those available in the American Conference of Cantors Retirement Plan, a 403(b) Qualified Church Plan, may be one way to assist you in achieving your goals.
Parsonage distributions in retirement. A tax rule that allows a "minister of the gospel" (which includes an ordained cantor or rabbi) to exempt a portion of their salary earmarked for housing costs from their federal income taxes.
Tax-deferred savings opportunities. You pay no taxes on any earnings until you withdraw them from your account, enabling you to keep more of your money working for you now.
Retirement planning tools. You have access to online tools designed to help you manage your assets as you plan for retirement, and educational opportunities provided by experienced financial professionals.
Investment options. You have the flexibility to select from investment options that range from more conservative to more aggressive, making it easy for you to develop a well-diversified portfolio.
To learn more about what the ACC Retirement Plan offers, see the frequently asked questions or FAQs about our Plan.