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Tax-Deferred vs. Taxed Savings Accounts
Life Rewards is a Tax-Deferred Retirement Savings Program *Assumes a $6,000 annual contribution, tax rate of 15%, and a 6.75% interest rate. "I have witnessed CEP partner with A/G congregations for the past 26 years
now they have extended their partnership in the development of their 403 (b) retirement plan, Life Rewards. The program offers very special benefits to ministers and ministry employees. As you plan your retirement, you would be wise to check with CEP." "I am very pleased with the ease of tracking my funds. The monthly report is easy to understand and I am satisfied with the entire performance of CEP and the Life Rewards plan. " "Well to me Life Rewards means that the minister who gets involved in the program has spent his life serving others, he's spent his life pastoring churches or what ever the case may be, and this is life's reward to him for his service and commitment that he has set apart money and now he is able to retire." |
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Acting Today for the Tomorrow You WantA fulfilling retirement is one that provides a secure future for you and those who depend on you. The key is saving during your earning years in a way that puts tax benefits to work for you. Available to Assemblies of God pastors and ministry staff, Life Rewards 403(b) plan was designed to put you on a path to a more fulfilling retirement. It combines biblical principles with the application of tax benefits to optimize your pre-retirement financial position and give you more options for faithful living throughout your retirement years.
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