Would you consider yourself “financially fit”? If we don’t have a strong sense of financial security, it is likely to weigh heavily on our minds — affecting our mental well-being — which may also prohibit us from taking steps to practice physical wellness activities, such as purchasing quality foods or seeking necessary medical support.

When your finances are in order, stress decreases and your ability to serve increases. Concordia Plan Services offers tools to boost your financial fitness — wherever you are on your journey.

These benefits include:

• Pension – The Concordia Retirement Plan pension is paid for by your employer and provides you with a monthly pension benefit to provide much-needed monthly income in retirement and can be passed on to your surviving spouse. (NOTE: Employer must be participating, and you must meet required years of service.)
• Retirement savings (403b) – The Concordia Retirement Savings Plan 403(b) provides an excellent fund line-up, a low-fee structure and professional assistance to determine how to invest your money. If offered by your employer, it’s easy to set up payroll deductions.
• Personal finance – Concordia Plan Services offers support with understanding budgeting basics — from saving for the future, preparing for emergencies and everything in between.
• Preparing for retirement – We’re here to support you through the retirement process.
• Tax resources – LCMS tax support is available to help with your questions, especially related to Rostered Workers.
• Financial Educators – Concordia Plan Services Financial Educators are available to talk through your finances and financial benefits available to you. You can contact the Education Team by clicking here or email [email protected].

Check out all the financial resources available to you by visiting My Financial Wellness.

‘Plant the Seeds of Savings Challenge,’ April 1–30

Plant seeds for a more secure financial future this spring by joining the Vitality Challenge. Complete at least one of the following required financial activities and you’ll be awarded 150 Bonus Vitality Points, in addition to the points already associated with each activity — up to 450 Points total!

• Start saving in the 403(b)*: If you’ve never saved before, or haven’t in the past three months or more, associated points and credit will be documented automatically within 60 days of your first contribution. Check out the details within Vitality’s Financial Wellness category under Earn Points > Wellbeing > New Savers.
• Attend/watch a Financial Webinar: Snap a picture of the proof provided and submit to Vitality via Earn Points > Wellbeing > Virtual Financial Learning.
  • Next Financial Webinar: “403(b): Help your retirement savings grow,” April 16 at 10 a.m. Learn how time and consistency can help your savings bloom and grow in the 403(b).
    Register today →
• Meet with a Financial Educator: Submit to Vitality a snapshot of your appointment confirmation, follow-up messaging or any other proof provided by the Educator you meet with to Earn Points > Wellbeing > Financial Education.
  • Next “Meet a Financial Educator Event”: April 20–23. You can have a confidential meeting with an Educator who can help suggest ways to improve your financial situation and reach your goals.
    Schedule an appointment today →

*Available to primary employees of eligible employers.