Pastors and Other Non-Profit Ministry Employees to Benefit from Timothy Plan’s Master’s Plan ‘No Fee’ 403(b)7 Retirement Accounts
November 23, 2020
ORLANDO, Fla. — When it comes to retirement, it’s never too late to plan. And for pastors and those who work for non-profit ministry organizations—that time is now. Pastors and their non-profit ministry employees can establish 403(b)7 retirement accounts through Timothy Plan’s Master’s Plan (timothyplan.com).
A tax-favored retirement plan designed specifically for school teachers, churches and other persons employed by non-profit institutions, the 403(b)7 retirement account “reveals the importance of planning early through Biblically Responsible Investing for future retirement,” said Timothy Plan Founder and President Art Ally.
The 403(b)7 Plan documents are written at no charge, saving money for the organization. “In this non-ERISA plan, an employer’s only involvement is compliance activities,” continued Mr. Ally. “The employee chooses the investments and controls the deferral amount, following the determination of eligibility, the withdrawal of funds.”
The first of its kind, Timothy Plan is a family of mutual funds and Exchange-Traded Funds (ETFs) that filters its funds to ensure no money is invested in companies that profit from, or support, any activities that run contrary to a biblical ethic. For 26 years, Timothy Plan has been helping Christians achieve their financial goals while investing in a biblically and morally responsible manner. Starting with a single mutual fund, Timothy Plan has grown to offer 12 mutual funds and 4 strategic-beta ETFs, all subjected to the same rigorous biblical filtering process.
The Master’s Plan is a biblically responsible administrator of 403(b) plans. All participant money is invested in the Timothy Plan family of mutual funds, which maintains rigorous filtering. The process is designed to ensure that the securities (stocks/bonds/etc.) in which the funds invest are not offered by companies that support or endorse activities that are contrary to traditional, biblical values.
PAST PERFORMANCE DOES NOT GUARANTEE FUTURE RESULTS AND YOU MAY LOSE MONEY. You should consider the fund’s investment objectives, risks, charges and expenses. This and other important information can be found in the fund’s prospectus.
To obtain a copy, visit timothyplan.com or call 800.846.7526. Read the prospectus carefully before investing or sending money. Mutual Funds distributed by Timothy Partners, Ltd., member FINRA. ETFs distributed by Foreside Fund Services, LLC, MEMBER FINRA and SIPC. Timothy Partners, Ltd. is not affiliated with Foreside Fund Services, LLC.
To interview Timothy Plan Founder and President Art Ally, or a Timothy Plan representative, contact Media@HamiltonStrategies.com, Beth Harrison, 610.584.1096, ext. 105, or Deborah Hamilton, ext. 102.