Retirement Savings Plan features

​Retirement Savings Plan participants have access to a range of plan features that enable them to save in ways that best meet their retirement goals.

When employees participate in the Retirement Savings Plan of the Presbyterian Church (U.S.A.), they automatically have access to a range of plan features through our partner Fidelity Investments. These features enable plan participants to save in ways that best meet their retirement goals, increasing the overall value of the plan.

Roth contributions

In addition to contributing pretax dollars, some may find advantages to saving after taxes have been deducted — called Roth after-tax contributions. With the Retirement Savings Plan, participants have the flexibility to make pretax contributions, Roth after-tax contributions, or both.


A loan feature allows participants to access a portion of their account, and repay the loan by direct deduction from their bank account over a specified period of time.

Hardship withdrawals

Although money saved in the Retirement Savings Plan is meant to grow in the account until retirement, sometimes unexpected circumstances arise. In certain cases of financial hardship, plan participants may be eligible to withdraw money from the account as a hardship withdrawal.

Managed accounts

Fidelity offers this optional, fee-based service to plan participants who would like an investment strategy tailored to their specific situation. Through Fidelity Personalized Planning & Advice, a team of Fidelity professionals works with participants to create a portfolio aligned with their unique financial situation and goals, and provides ongoing, customized strategic management.

Brokerage window

For those who are comfortable making investment decisions and can dedicate more time to managing their investments, the Retirement Savings Plan offers Fidelity BrokerageLink. This brokerage window allows participants to select from thousands of mutual funds beyond the investment options offered through the Retirement Savings Plan. (Investment options available through Fidelity BrokerageLink may be subject to higher investment management and/or other transactional fees.)

Online tools and education

When Retirement Savings Plan participants log in to the Fidelity website, they not only have access to account management features; they also have access to tools and educational resources in the Planning and Guidance Center. Here, participants can create a retirement plan, review their progress, learn about next steps to stay on track, and more.

Auto enroll and auto increase

These features allow employers to direct a percentage of employee wages to the Retirement Savings Plan and/or increase employee contributions automatically, unless the employee opts out. These features can help boost employee contributions early and regularly to keep them on track for financial well-being in retirement. (Payroll system must meet Fidelity criteria.)

Dedicated customer service

Dedicated customer service teams at both the Board of Pensions and Fidelity are specially trained in church plans to meet the needs of Retirement Savings Plan participants.    

Advice from Fidelity

Retirement Savings Plan participants can call Fidelity and receive advice regarding their retirement savings over the telephone. Participants collaborate with a retirement planner who works with and for them to help them make well-informed decisions about saving and investing and meet their financial goals.