Your ministry, your workers, your benefits - help your workers thrive! Explore health resources, financial wellness tools, and CRSP 403(b) Spring Enrollment.
2. If you are not currently offering the CRSP to your workers, now is a great time to enroll! Contact your Account Manager to learn more about the benefits of offering the CRSP to your workers!
Webinar: Preparing employers for the CRSP Spring Enrollment event
Wondering how you can support your workers during the CRSP 403(b) Spring Enrollment event? Before the event kicks off, we’re hosting a webinar just for you.
Join us March 13 at 1 p.m. CT to hear:
Key information about the CRSP 403(b), including how it’s designed to work with the Concordia Retirement Plan (CRP) pension.
The benefits of workers rolling retirement assets into the CRSP.
An overview of the CRSP 403(b) Spring Enrollment event, including a timeline and samples of worker communications.
A review of your responsibilities as an employer.
Dedicated time to provide answers to your questions.
ICYMI: Pension Essentials webinar available on demand
Concordia Plans (CPS) Retirement Solutions Consultant Brian Page and Financial Educator Amy Klein hosted a webinar to explain the CRP pension and address topics that affect employers of all sizes.
This session covered:
How the CRP pension works.
The benefits of the CRP pension for LCMS ministries.
Planning for the 2026 CRP contribution increase in your fiscal budgeting.
How to effectively talk about the CRP pension with your workers.
Ways to integrate the CRP pension benefits into a recruitment and retention strategy.
If you missed the webinar, access the recording and download the presentation here.
Now available: Electronic invoice notifications
We are excited to announce that emailed notifications regarding monthly invoices are now available. Instead of receiving a printed invoice in the mail from CPS, you now have the option to receive an email notification informing you that your electronic invoice is available in the Employer Portal.
Please note that opting into emailed invoice notifications means that you will not receive a mailed invoice. You will only receive the email notification that your invoice is available in the Employer Portal. For your security, we cannot include a copy of the invoice with your email notification.
If you would like to change your invoice delivery preference to an email notification, please contact CPS at 888-927-7526 or [email protected].
Want to simplify your HR and stay compliant?
Are you looking for a simple, efficient way to manage HR for your team? Join CPS and our HR Services partner, Mineral, for our webinar, “HR and Compliance Made Simple.” We’ll share how CPS can help you access the Mineral Platform, a premium HR platform that combines live advisor expertise, cutting-edge technology and helpful instructional content into one user-friendly experience.
During this session, we'll cover the following:
How to consult the Mineral HR Experts.
How to easily create an Employee Handbook that's never out-of-date.
How to assign training to employees from a catalog of hundreds of interactive courses.
How to navigate a multitude of HR compliance resources, tools and templates.
The CRSP 403(b) – Helping workers take action toward retirement readiness
You’re providing an outstanding pension benefit through the Concordia Retirement Plan (CRP) pension. But as rich as the pension benefits are, your workers will still need to save for retirement to make sure they’re able to cover their expenses and have extra income for the fun activities they’ve been planning. That’s where the Concordia Retirement Savings Plan (CRSP) 403(b) comes in – it helps workers take action to save and be proactive toward their retirement.
The CRSP 403(b) offers many benefits to workers.
Saving made simple for your worker. You withhold the funds from their paycheck, and they save without even thinking about it!
Created for YOUR workers. The CRSP 403(b) retirement savings plan works much like a 401(k), but it was created specifically for LCMS workers, as a necessary complement to their CRP pension benefits.
Incredible fund lineup. Professional investment consultants helped CPS create a diverse fund lineup, offered through Fidelity Investments.
Low expenses. The funds offered through the CRSP 403(b) have low expense ratios, helping workers save more.
Concordia Plans helps with CRSP 403(b) administration—providing benefits to employers, including:
Helping you remain in compliance with IRS guidelines.
Offering a variety of solutions to make remitting contributions easy.
Assisting with administrative processes.
Providing educational and promotional materials to your workers through mail and email to encourage them to save.
Not offering the CRSP? Contact your Account Manager to learn more.
Q1 Synod-wide Prevention Challenge – FINAL REMINDER
This month is the last chance for members to get their PREVENTION screenings completed before the Synod-wide Challenge ends on 3/31!
Members can access their Points Planner > Health Management > Prevention Challenge for more details on activities and ways to submit their proof.
Vitality Health Review (VHR)
For employees who started 2025 with Vitality, March 31 is their last day to complete the Vitality Health Review (VHR) and earn the 250 BONUS points.
Q: What are the differences between the pre-tax and after-tax Roth contribution options in the CRSP 403(b)?
There are tax advantages with each savings option, and additional tax advantages for Ministers of Religion. Members should choose the option that best fits their financial situation. For more information, contact a CPS Financial Educator at [email protected] or refer to the resources below.
Tax time can be complicated for everyone, but especially for ministers of religion and other called workers. Because we care about your workers and their financial well-being, we’ve created a webpage with valuable resources to help them prepare for tax time. We encourage you to share these tax resources with your workers.
Eligible workers are encouraged to make CRSP 403(b) elections during the CRSP Spring Enrollment event to begin saving for retirement or to increase their savings amount.
Meet a Financial Educator
We're hosting a “Meet a Financial Educator Event” March 24-27, where members can schedule a Zoom or phone appointment to meet one-on-one with a CPS Financial Educator.
