IMPORTANT NOTE: Please be advised that any paper financial requests (such as withdrawals or distributions) received after 12:00 noon EST on Tuesday, December 21, 2021, will be processed on Monday, January 3, 2022. If you want to perform any distribution for 2021, you must submit your request before the December 21, 2021 deadline.
Any fund reallocations or balance transfers made on the website must be submitted by 12:00 noon EST on December 31, 2021. The website will close at noon. No transactions will be able to be transacted after this time for 2021. The website will reopen on January 1, 2022.
If you have any questions, please contact Member Services at 1.800.642.6543.
As we head into the final stretch of 2020, you may still be able to lower your federal income tax for the year. You can do so by reducing your taxable income, which in turn lowers your taxes, or by making the most of deductions that may be available to you this year.
Also, this is a good time to review a few major provisions of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, enacted by the federal government in March 2020 as a response to COVID-19.
READ MORE.
By Rev. Ryan Otto
In a letter to the United Church Board of Ministerial Assistance, the philanthropic arm of the Pension Boards, the Rev. Ryan Otto, Pastor First Congregational Church, Sioux Falls, SD, shares how the gift of the Next Generation Leadership Initiative has rooted and shaped his approach to life and ministry. Rev. Otto was a participant of NGLI*1, the inaugural cohort.
To the dreamers, visionaries, and leaders of the Next Generation Leadership Initiative of the Pension Boards: Thank you. Please receive my sincere gratitude for your diligent work in the inventive NGLI program, for the faith to take the risk on such a new endeavor, and for your investment in my ministry and in me as a person of faith.
I will attempt to name the gift of the ten-year NGLI program in one word: rootedness.
By Rev. Beth Abbott
The Rev. Beth Abbott, Pastor of First Congregational UCC in South Milwaukee, WI, shares how her life has been transformed during her almost-completed 10-year journey with the Next Generation Leadership Initiative (NGLI). Rev. Abbott is a participant in the inaugural cohort, NGLI*1. Read Rev. Abbot’s letter of gratitude below.
When I began Next Generation Leadership Initiative (NGLI), the idea of a ten-year commitment to anything seemed unusual and rather long. Starting in my 20s, I had only been doing three-to-four-year chunks of schooling (college, seminary) and just dating my now husband, Rich.
The Pension Boards is pleased to announce the addition of two new Target Annuitization Date (TAD) Funds effective January 2021: TAD Fund 2045 and TAD Fund 2050. These two new TAD Funds are designed for members who expect to annuitize their accounts (convert their monies into lifetime monthly income payments) close to the year indicated in the Fund’s name.
TAD Funds are a worry-free investment choice. The Pension Boards’ investment team automatically invests the funds more for growth when you are years away from retirement, and more conservatively as you approach your anticipated annuitization date. TAD Funds are also ideal for those who do not want to constantly reallocate their investments during market fluctuations.