403(b) Regulations: Churches and Employers

Since the 403(b) regulations may impact different types of organizations in a different manner, Servant Solutions has divided resources for enrolled churches and employers into two groups within two different categories. Please select the link that best applies to your situation.

Churches and employers that exclusively use the Servant Solutions Retirement Plan:

• Church or qualified church-controlled organization (QCCO) - churches and organizations that exclusively use the Servant Solutions Retirement Plan as their only retirement plan

• Non-qualified church-controlled organization (Non-QCCO*) - an organization that typically receives more than 25% of its financial support/income from outside a church or denomination (e.g. a college, university, retirement home or children’s home)

Churches and employers that use retirement plan providers in addition to the Servant Solutions Retirement Plan:

• Church or qualified church-controlled organization (QCCO) - churches and organizations that make contributions to more than one retirement plan provider

• Non-qualified church-controlled organization (Non-QCCO*) - an organization that typically receives more than 25% of its financial support/income from outside a church or denomination (e.g. a college, university, retirement home or children’s home)

* Non-QCCO defined – click here. If you are unsure of your status, please contact us.