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 EDUCATION EXPERIENCES

Ministers and their spouses may receive a travel stipend to a CBF Church Benefits Board educational event on topics such as preparing for retirement, clergy taxes, debt reduction, cultivating generous congregations and more.

Upcoming Retreats:

• Waco, TX | March 23-24, 2023
• Lake Junaluska, NC | April 30-May 2, 2023 MORE INFO

A Day and a Half of:

• Achieving Financial Wellness
• What is unique about Ministerial Compensation?
• Ministerial Tax Wise Planning – Housing Allowance, Social Security, and Retirement
• Market & Economic Update
• Investing in Your Retirement Account
• Mapping your Future: Wholistic Approach to Spiritual, Physical & Financial Wellness
• Stewardship of Personal & Congregational Finances
• Building a Financial Plan

FINANCIAL PLANNING INCENTIVES

Ministers may receive additional funding towards their retirement account with CBF 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. 

FINANCIAL ADVICE

CBF Church Benefits Board partners with Empower to offer personalized financial and retirement savings advice for all plan participants.

RELIEF GRANTS

Grants will be available to help pastors address immediate financial needs related to medical debt, credit card debt, or other financial concerns.