Retirement. Planning for Your Future.
Here at Foursquare, we believe in helping you secure your future. Our vision is to help you financially prepare by providing a well-structured retirement plan. The Foursquare Church has brought together the corporate leadership, local church councils, ministers and other Foursquare employees to establish the Foursquare Retirement Plan.
In the sections that follow, you will find the details of the retirement plan, as well as how you can participate in making decisions as to where your funds will be invested. This is one of the ways that we as a church family are making it possible for our ministers and employees to "finish well."
What are the retirement plan eligibility requirements?
The Foursquare Retirement Plan is available exclusively for U.S. Foursquare licensed ministers and compensated lay employees of the following Foursquare employers:
- Local Foursquare churches in the United States
- Foursquare Bible colleges in the United States
- The Foursquare central office, district offices and camps
- Foursquare evangelists and chaplains
Tell me about the Foursquare retirement plan.
Please download this document for details of the Foursquare Retirement Plan. If you have any questions, please email Foursquare Retirement Services or call 888.635.4234.
Summary Plan Description
Download PDF (601 KB)
How do I make contributions toward retirement?
A Monthly Data Report must be submitted to Foursquare Retirement Services for all participants who elect to have deductions from payroll, and/or for churches that elect to make contributions on behalf of their employees.
Click below to download contribution transmittal guidelines for details and instructions on how to submit your monthly contributions.
Description of Contribution Categories
Download PDF (140 KB)
Contribution Transmittal Guidelines
Download PDF (360 KB)
What are the IRS limits for 2014?
Elective Deferrals. Voluntary Contributions deducted from your paycheck on a pre-tax basis:
- The lesser of $17,500 or 100% of includable income
Overall Limit. Includes any elective deferrals (pre and after-tax) from pay, plus any non-elective (employer) contributions (church matching and/or discretionary amounts) and the Foursquare Corporate Funding Arrangement:
- The lesser of $52,000 or 100% of includable income
Age 50 (and above) Catch-up Provision. If you are or will be age 50 in 2014 you may make up to an additional $5,500 in pre-taxed Elective Deferrals.
Please consult your accountant and/or financial advisor for details on the IRS Limits and how they apply to your personal situation.
Salary Reduction Agreement
Use this form to advise your payroll supervisor of an elective deferral—you do not need to submit this form to Foursquare Retirement Services or to Lincoln Financial Group. Print the Contribution Transmittal Guidelines (PDF, 360 KB, 3 pages) and contact Foursquare Retirement Services if you have questions on the procedures for remitting and reporting your payroll deductions.
Salary Reduction Agreement
Download PDF (132 KB)
Use this form to rollover or transfer eligible funds into the Foursquare Retirement Plan. Before you complete the forms, email Foursquare Retirement Services to determine that the funds are eligible to rollover/transfer under current tax laws and Plan provisions.
Download PDF (304 KB)
Note: Use these forms only if you have already received a Plan Enrollment Kit. Please email Foursquare Retirement Services if you have questions, or if you need enrollment kits.
How do I access my Foursquare Retirement Plan account online?
Click below to download step-by-step registration instructions for online access to your account.
Download PDF (184 KB)
Watch this tutorial video for information on how to use the Lincoln retirement website.
Visit the Lincoln Financial Services website to create a user ID and password in order to have access to your online Foursquare Retirement Plan account. If you would like assistance setting up your online account, please call Lincoln Financial at 800.234.3500.
Can Foursquare help me with my investment decision?
An independent investment consultant under the guidance of Foursquare Investment Committee has evaluated your retirement plan’s investment options to develop six asset allocation models for participants who are unfamiliar with investing.
For more information, download the Asset Allocation Models and the Investment Model Options brochure, which includes an investor profile quiz.
Foursquare Retirement Investment Model Options
Download PDF (505 KB)
Foursquare Retirement Asset Allocation Models
Download PDF (396 KB)
Do you have any resource recommendations?
The following websites offer free retirement planning tools and investment information:
Foursquare Retirement Services is here to help you with all your retirement needs! Here are a few things we can assist you with:
- Provide enrollment materials (also available in Spanish)
- Account information
- Rollover Request
- Distribution Request
- Beneficiary changes
- Change of address
- Investment models and fund allocation
- Answer your questions
Please call us at 888.635.4234 and ask for retirement, or email us, and we’ll be glad to respond to your request.