• Retirement Savings


The Navigators Retirement Savings Plan

To help you save for a secure financial future, The Navigators partners with you by providing a retirement savings plan through Fidelity.

  • 403(b) Basic Retirement Plan: Once you reach one year of service (with at least 1,000 hours worked), you will start receiving employer contributions equal to 5.5% of your income.
  • 403(b) Supplemental Retirement Plan: You are eligible to start saving and making your own contributions from day one of your employment.
  • Ministerial Earnings: If you are a commissioned minister with The Navigators, your contributions to these plans will be designated as Ministerial Earnings, which is an important IRS designation that allows you some additional tax advantages.

Retirement Plan Resources

Click the links below to see how these plans and the tax benefits will help you in your endeavor to prepare for the future.

This is only a brief summary of benefits. Detailed information can be found in your benefit plan documents, available in our Document Library.

*Employees may opt out of automatic enrollment or automatic deferral increases for the 403(b).
**Withdrawals made before age 59 1/2 may be assessed an early withdrawal penalty. Contact your Retirement Plans Administrator for more details on taxation.

The 403(b) Basic Retirement Plan is a savings vehicle we use to contribute to your retirement savings. After working one year, in which you work 1,000 hours, you will be automatically added to this plan and you will begin receiving an amount equal to 5.5% of your income into your account.

The 403(b) Supplemental Retirement Plan is a great way for you to start saving for retirement in addition to the amount The Navigators contributes on your behalf.  We encourage you to work toward saving at least 15% of your income throughout your career. If you do not take the step to get started after two years of employment, we will give you a little nudge by enrolling you in this plan at 3% of your income with deferral increases by 1% annually until it reaches 9%. Employees may opt out of automatic enrollment or automatic deferral increases.

If you are a minister, you can withdraw your Ministerial Earnings tax-free to pay your housing expenses under the IRS Ministerial Housing Allowance. That means that, even in retirement, you can cover your housing expense with tax-free income. Please see the following links for more information.

A Benefits Guide to MHA

Ministers’ Housing Allowance FAQ

More details are also available in our Document Library.


Plan # 90142

(800) 343-0860


There are an array of resources and plan documents available in our Document Library, so you can dive further into the details.

Retirement Plan Video

Please watch the Ant & Grasshopper video below for more information on both retirement plans.

Questions on your benefits?

HR Benefits Department


(719) 594-2441

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