THE FINANCIAL WELLNESS INITIATIVE
Education Experiences • Financial Planning • Financial Advice • Relief Grants
WHAT IS THE FINANCIAL WELLNESS INITIATIVE?
The Financial Wellness Initiative (FWI) is a set of entrepreneurial resources for ministers to transform their personal and family’s financial health to be better equipped to serve their congregations and communities.
FINANCIAL WELLNESS EDUCATION EXPERIENCES
Ministers and their spouses may receive a travel stipend to a Church Benefits Board educational event on topics such as preparing for retirement, clergy taxes, debt reduction, cultivating generous congregations and more.
A Day and a Half of:
- Investing in Your Retirement Account
- Mapping your Future: Wholistic Approach to Spiritual, Physical & Financial Wellness
- Stewardship of Personal & Congregational Finances
- Building a Financial Plan
Upcoming financial wellness experiences:
FINANCIAL PLANNING INCENTIVES
Ministers may receive additional funding towards their retirement account with Church Benefits Board (CBB) when they develop a financial plan through Empower Retirement.
For ordained participants: When you complete your financial plan, CBB will add $500 to your retirement account! Visit our Financial Planning page to learn more.
Church Benefits Board partners with Empower to offer personalized financial and retirement savings advice for all plan participants.
My Financial Path
Make sense of your money. Whether you’re just starting out or trying to improve your situation, My Financial Path offers you actionable next steps toward reducing stress and helping you achieve your financial goals. Login to Empower at https://participant.empower-retirement.com/participant/#/login . Under the Planning tab on the top of the page, scroll down to My Financial Path.
- Empower Student Debt Solutions
- Life Stage Financial Evalution and Suggestions
- Learning Center
Grants will be available to help pastors address immediate financial needs related to medical debt, credit card debt, or other financial concerns.