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So far Chip Evans has created 54 blog entries.

Upcoming Investment Changes to the PCA Retirement Plan

2017-05-16T14:22:34+00:00

Upcoming Investment Changes to the PCA Retirement Plan

The staff and board of PCA Retirement & Benefits, Inc. (RBI) regularly monitor the Money Market Fund as well as the other investment options within the PCA Retirement Plan. Occasionally this review leads us to […]

RBI Seminar Date

2017-05-16T16:10:56+00:00

Presented by PCA Retirement & Benefits, Inc. (RBI)

Seminar Date:
Wednesday, May 18, 2016

Seminar Location:
Covenant Presbyterian Church of Chicago, 2012 W. Dickens Avenue, Chicago, IL 60647

This special event will focus on helping you with financial planning. RBI will work with you to draw up a blueprint for your current financial […]

Retirement Plan Website Update

2017-05-16T16:06:43+00:00

New PCA Retirement Plan Website – “Retirement Access”

PCA Retirement & Benefits, Inc. is pleased to offer our retirement plan participants a new website to access information about their retirement account.  The new website, called Retirement Access, offers all of the same services as the previous version, but it also includes more security, more flexibility and […]

Long Term Disability post-tax premium

2017-05-16T16:05:35+00:00

Long Term Disability became uniform post-tax premium on January 1, 2015

Payments of long term disability premiums have been processed and paid as pre-tax (Employer-paid) or post-tax (Employee-Paid) as agreed upon between the church and the employee. Beginning January 1, 2015 the Enhanced LTD1 and Basic LTD2 products are offered as Post-tax premium products. Up to […]

ACA Tax Transition Relief
for Small Employers

2017-05-16T16:05:03+00:00

IRS Provides ACA Excise Tax Transition Relief for Small Employer Health Reimbursements through June 2015

The Internal Revenue Service (IRS) issued a notice providing excise tax transition relief for small employers (including churches) that reimburse or pay a premium for an individual health insurance policy for an employee. The excise tax will not be assessed for […]

Potential Tax Liability for
Life Insurance Plans

2017-05-16T16:03:18+00:00

Potential Tax Liability for Life Insurance Plans

11-04-15

Federal law requires that the cost of employer-provided group term life insurance in excess of $50,000 be reported as taxable income. This means that participants in the PCA insurance plans may have a tax liability for group term life coverage in the Basic Life, Standard Life, and / […]

What should I do about Health Insurance?

2017-05-16T16:04:26+00:00

What should I do about Health Insurance?

RBIHealthInsPIctEach week the RBI office receives calls from pastors and churches asking what to do about health insurance. It is a challenging question and has certainly been in the national news for several months. Churches and pastors have many options […]

Timing vs Time

2017-05-16T16:04:00+00:00

Timing vs Time

RBITimingPIctWhen it comes to investing, history tells us that being too conservative can be just as costly as being too aggressive. This is a particularly difficult concept to communicate, especially when the market is trending down. After all, conventional wisdom would have us believe […]

Plan Limitations for 2015

2017-05-16T15:41:08+00:00

Plan Limitations for 2015

10-23-2014

The IRS updates retirement plan contribution limits for defined contribution plans such as the PCA Retirement Plan each year. As announced October 23, 2014, the limits for 2015 are as follows:

Salary Reduction Limit (elective deferral employee contribution): $18,000 (increase of $500).
Internal Revenue Code Section 402(g)

Defined Contribution Limit (employer, plus employee): $53,000 […]

2015 Group Insurance Rates

2017-05-16T15:42:30+00:00

2015 Group Insurance Rates

10-22-2014
The Board of Directors of PCA Retirement & Benefits, Inc. have approved the PCA Group Insurance rates for 2015.  There will be no rate changes for organizations with Life Insurance.  Dental and Vision Insurance Plans will increase 5%. LTD rates will also increase 5% on average. Please see the rate matrix in […]

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