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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. "When I learned of the opportunity to invest in the Life Rewards 403(b) plan through Church Extension Plan, I immediately began the transfer process. My past experience with CEP had always been so positive. Payments are always on time, customer service is unequaled, and the desire to be a partner in ministry is always paramount." "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." "The representatives of CEP have been courteous and prompt in responding to my contacts and questions. The regular reports I receive are easy to read and understand. This allows me to monitor the growth and activity of my account with confidence. " |
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