Retirement Plans

The value and importance of human labor is a well-wrought subject within Catholic teachings throughout the centuries. The Catechism further tells us, "Work honors the Creator's gifts and talents received from Him."

Those who have worked for the Church, its global missions and ministries, have woven themselves into a centuries-old tapestry that continues to reveal the beauty, mercy and glory of God. And through their toil, corporal works permit the glorification of God, the sanctification of the giver, and the evangelization of the recipient. It is a magnificent story—one that continues to unfold each day.

The Catholic Church has moved mountains through global ministries over the centuries. Her imprimatur on healthcare and education is undeniable, as billions have benefitted from the storied institutions built from impassioned ministries—and they continue as we speak.

Well-honed standards and practices have led to advances for the elite and the poor alike.

It is a proud history for the Church—made possible through the collaborative effort of the faithful who have placed their call to serve the Church at the forefront of their work.

The time has come for us to prioritize helping those who serve the Church. What you give to others through your ministries, you also need to give to yourself and your employees.

Best Practices Lead to A Better Outcome

You may currently have in operation one or more retirement plans that more or less do the job, but have their own inherent complexities that may not be in keeping with up-to-date best practices. "If you have seen one church plan," observes Rod Crane of TIAA-CREF, "you have seen one church plan." As Director of Institutional Client Relations, Public Sector Market at TIAA-CREF, Rod has seen hundreds of plans, and each one is unique.

It is challenging to operate ad hoc plans. Chances are that the details involved feel overwhelming, and when this happens, a common human response is to procrastinate even when you know you need to take action. Inaction leads to not being able to "see" the end goal which is to provide a secure retirement for your workers who commit to the Church and its ministries.

It is important to know that there is a clear way to mold these disparate pieces into a plan with a purpose – a plan that operates in the best interests of participants, not only because they deserve it, but also because the plans themselves require that they be operated this way.

Investing for Catholics (IFC) participates in the TIAA-CREF Retirement Advisory Alliance. Learn more about this relationship.

IFC as Your Fiduciary and Investment Advisor

  • Fee-only Fiduciary Services contractually indemnifying plan trustees against liability for selection, monitoring and replacement of funds in the plan—ERISA 3(38) designation

  • Low-Cost Investments that are faith-consistent and passive

  • Open-Architecture Offering that allows IFC to choose lower-cost investment options and to build asset allocation models that can be implemented with faith-consistent funds whose returns are expected to vary little, if at all, from their non-screened counterparts.

  • Establishment and Maintenance of the Plan's Investment Policy Statement

  • Quarterly Investment Monitoring Report

  • Customized Communication and Educational Tools, including a dedicated plan website with subject-specific video modules, ongoing participant communications, and a suite of tools including a risk capacity survey, a retirement analyzer and returns calculator

  • Easily-investable Asset Allocation Models, including risk-based, lower-cost, pre-built portfolios that can be implemented in a faith-consistent manner

  • On-site Plan Sponsor Meetings and Participant Visits to fully engage participants and advance increased participation and savings rate