What is a 403b?
A 403(b) is a retirement savings plan created specifically for employees of churches and ministries. This type of plan allows you to invest for retirement through automatic payroll contributions while receiving valuable tax advantages.
Through our HIS Fund Church Builders investment offering, employees can invest their 403(b) contributions in a fixed-rate investment that supports other Assemblies of God churches, along with a variety of mutual fund offerings.
Key Benefits
Housing Tax Benefit
Retired Credentialed ministers can designate a portion of plan distributions as a housing allowance, which is tax-free under current tax law.
Long-Term Financial Confidence
Contributions are typically made pre-tax, which may reduce your current taxable income while helping your retirement savings grow over time.
Faith-Aligned Stewardship
When you allocate to our HIS Fund Church Builders investment, your retirement investments can support Kingdom impact while helping you prepare for the future God has entrusted to you.
Simple & Accessible
Automatic contributions through payroll make it easy to build healthy retirement habits over time without adding complexity to your financial life.
Flexible Investing to fit you.
No two ministry journeys look the same. Whether you're just beginning to save, preparing for retirement, or looking for a values-based alternative, HIS Fund offers flexible investment solutions designed to meet you where you are.
Schedule a Discovery Call
If you're a Pastor, Business Administrator, or Human Resource Supervisor and interested in adopting HIS Fund 403(b) for your church we'd love to talk!
Schedule a discovery call to learn how a HIS Fund 403(b) can support your church & ministry leaders.
Frequently Asked Questions
Who is eligible for a HIS Fund 403(b) plan?
Our plan is accessible through an Assemblies of God church or ministry. Your church must adopt HIS Fund's 403(b) plan in order for employees and pastors to take advantage of our individual investment options.
Are there any fees associated with the plan?
Yes. The plan includes fees for administration, recordkeeping, investment management, and account maintenance. Certain investment options also have their own expense ratios, and some participant-initiated transactions may incur additional fees.
Our goal is to keep costs low and competitive while providing best in class administration, investment options, and personalized support. Fees vary depending on your account balance and the investments you select. The HIS Church Builders Income Fund has no investment product fee.
Your plan materials will provide additional details about applicable fees and expenses.
Can I transfer from another 403(b) provider?
Yes. If you have an existing 403(b) retirement plan, you may be able to transfer your account to the HIS Fund 403(b)(9) Retirement Plan. Our administrative partners can help coordinate the transition from your current provider, guide you through the required paperwork, and help you understand the next steps.
Transfer eligibility and requirements depend on your current plan and individual circumstances. Contact us to discuss your situation and determine the appropriate process.
Can I change the funds my contributions are invested in?
Yes. The HIS Fund 403(b)(9) Retirement Plan offers a variety of investment options to help you build a retirement strategy that aligns with your goals and risk tolerance. Options include target-date funds, risk-based investment strategies, individual investment funds, and the HIS Church Builders Income Fund.
Your investment selections can be tailored to your preferences, subject to the plan's available options and applicable rules. You can also speak with the plan's investment professionals for guidance on your investment choices.
Retirement Terms
Heritage Investment Services Fund, Inc. (“HIS Fund”) is not affiliated with Stewarded, LLC, HUB International Limited, TCG Administrators, HUB Investment Partners, Matrix Trust Company or any of their related affiliates or investment advisors.
HIS Fund is not licensed, registered or otherwise authorized under applicable law to act as a custodian, third-party administrator, financial or investment advisor, and nothing set forth herein shall be construed as or intended to contemplate the provision of custodial, third-party administrator, financial or investment advisory services by HIS Fund. All 403(b) custodial, third-party administrator, investment management or financial advisory services related to any 403(b) plan shall be performed and administered only by third parties which are unaffiliated with HIS Fund. HIS Fund’s role in connection with any 403(b) plan shall be limited solely to performing certain plan clerical, support and/or administrative functions, but no HIS Fund officer or employee shall receive compensation from any such 403(b) plan, and HIS Fund will act at the direction of such plan’s custodian and third-party administrator with respect to investments in any HIS Fund investment securities under such 403(b) plan.
This information is neither an offer to sell nor a solicitation of an offer to buy HIS Fund’s securities. Any offering, sale or solicitation of HIS Fund’s securities is made solely through HIS Fund’s prospectus. HIS Fund’s securities are not available in any state where the offer and sale is not permitted by applicable laws. HIS Fund’s investment securities are not savings or deposit accounts or other obligations of a bank and are not insured by the Federal Deposit Insurance Corporation, any state bank insurance fund, the Securities Investor Protection Corporation or any other governmental agency. Any investor interested in investing in HIS Fund’s securities through a 403(b) plan should carefully read HIS Fund’s prospectus before making an investment decision. For information regarding HIS Fund’s investment securities, visit www.HISFund.com.