Have you received your automatic retirement benefit from BCI?
The Baptist Convention of Iowa (BCI) recently contributed $20,000 to provide retirement benefits for 83 pastors and church staff members. To qualify, individuals must have a retirement plan through Guidestone, our preferred partner for retirement and investment plans, and hold one of four key full-time positions in a BCI church: Pastor, Associate Pastor, Youth Leader, or Worship Leader.
This contribution is automatically deposited into the retirement accounts of eligible individuals, reinforcing our commitment to their long-term financial well-being. The initiative aligns with our mission of “Helping church leaders multiply disciples, churches, and mission” because it is an investment in healthy church leaders who will be best positioned to lead healthy, thriving churches.
If you don’t have a retirement plan set up with Guidestone yet, get started now to be eligible to receive this benefit next year. Learn more about the many benefits available to our church leaders through Guidestone below.
What Are the Benefits of a Guidestone Retirement Account?
BCI has a partnership with Guidestone Financial Services to offer many benefits to BCI pastors and certain full-time staff members. Some of the benefits of the BCI/Guidestone partnership include:
- Annual Retirement Benefit ($240/year
- Disability Income Benefit
- Survivor Protection Benefit (Life Insurance Supplement)
Who Is Eligible for These Benefits?
Any BCI pastor or full-time church staff members serving in one of the following four positions is eligible to receive the Guidestone benefits:
- Pastor
- Associate Pastor
- Youth Leader
- Worship Leader
Additionally, the church must contribute a minimum of $50/month into the pastor or staff member’s Guidestone retirement account.
Not a Part of Guidestone?
If you are a BCI pastor and don’t have a Guidestone account yet, you can join today to take advantage of the many Guidestone benefits provided through BCI. Use this link to register for a new account through the Guidestone website.
HOW TO SIGN UP?
How can church leaders sign up for this new retirement benefit? Enrollment is automatic for any leader who meets the two eligibility requirements listed above. For leaders not yet in the GuideStone system, the first step is to start a retirement account.
See the attached flyer for more information about these three financial benefits through our partnership with GuideStone. If you have any questions, contact the BCI account representative Hoon Im. Click here to email Hoon Im.
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