Applications for NGLI are Now Open

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The United Church Board for Ministerial Assistance, the charitable arm of the Pension Boards, is pleased to announce that the application season for the next cohort of pastors to participate in the Next Generation Leadership Initiative (NGLI) is open. NGLI is a leadership development initiative that equips, energizes, and empowers younger United Church of Christ local church pastors to build vibrant congregations that change lives and further God's mission in the world. If you don’t know much about the initiative, please watch this video to see and hear participants describe the transformative experience.

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New EY Article: Why You Need a Financial Plan

Building your financial future is like building a skyscraper: both require planning. This EY article offers tips for how you can build a well-thought-out financial strategy, regardless of your net worth or household income level.

End of Year Processing

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IMPORTANT NOTE: Please be advised that any paper financial requests (such as withdrawals or distributions) received after 12:00 noon EST on Tuesday, December 22, 2020, will be processed on Monday, January 4, 2021. If you want to perform any distribution for 2020, you must submit your request before the December 22, 2020 deadline.

Any fund reallocations or balance transfers made on the website must be submitted by 12:00 noon EST on December 31, 2020. The website will close at noon. No transactions will be able to be transacted after this time for 2020. The website will reopen on January 1, 2021.

If you have any questions, please contact Member Services at 1.800.642.6543.

New Effective Date Policy

GettyImages 995353918Beginning January 1, 2021, the Pension Boards' policy will be to accept only current or future dates on all benefit forms submitted to effect any benefit enrollment or change for our members. Retroactive effective dates will no longer be accepted. Look for additional communications regarding this change in coming weeks.

There's Still Time to Take Advantage of 2020 Tax-saving Opportunities

As we head into the final stretch of 2020, you may still be able to lower your federal income tax for the year. You can do so by reducing your taxable income, which in turn lowers your taxes, or by making the most of deductions that may be available to you this year.

Also, this is a good time to review a few major provisions of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, enacted by the federal government in March 2020 as a response to COVID-19.

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