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Things to know

...

before submitting a fixed goal:

  • Fixed goals are built to calculate expenses for a resident/intern with predetermined start and end dates (e.g. 24 months).
  • Fixed goals can have a number of expenses and one-time costs, all dependent on your program's specific parameters.
  • If an expense listed below is not on your Support Goal Calculator, it is not an offered or required expense for your program.
  • *Residents/interns under the Fixed Term Program Team will receive an Employment Parameters document at training that outlines their program details.

...

Expand
titleSalary
  1. Select how many hours were offered and accepted to work from the dropdown.
  2. Input the annual salary you have accepted to receive (must be within max approved shown to the right).
    1. Note: You can accept a lower salary than offered, but not one that is higher.
    2. Supervisor approval may be required to approve a salary that is different from what was offered.

Expand
titleBenefits

Learn

more

about how benefits at Reliant work here

: Benefits

.

  1. Select your medical insurance coverage
    1. NOTE: This will come out of the MTD account you're responsible for each month; it is NOT deducted from your monthly paycheck.
    2. If you select "No medical insurance," you will be asked to show proof of other insurance coverage at a later date.
  2. Select your dental insurance coverage
    1. NOTE: This will come out of the MTD account you're responsible for account each month; it is NOT deducted from your monthly paycheck.

Expand
titleStart-up Bonus

Start-up Bonus

  • This is an optional bonus paid out on the earliest possible payday after your hire date
  • Example: If your hire date is set for August 1, your first natural paycheck won't come until September 15. To avoid no pay for six weeks, you can elect to receive a startup bonus (one extra month of pay) on the 15th of the month you are hired.
Expand
titleOther Expenses (Some May Not Apply)Moving Bonus
  • Must be part of program parameters to be eligible for Learn about the purpose of a moving bonus . here
  • This is most often paid out with your initial paycheck
  • Must be part of program parameters to be eligible to receive
    • If it's not part of your program's parameters, you shouldn't see this as a one-time cost option.
Expand
titleContinuing Education Reimbursements
  • Learn more about this hereReliant's Continuing Education
Reimbursements
  • benefit and process here
  • Must be part of program parameters to be eligible for Reliant's Continuing Education Reimbursement benefit
  • Learn more about this here

Program Fee, Missions Cost, and Other Required & Optional Fees

  • to receive
    • If it's not part of your program's parameters, you shouldn't see this as a one-time cost option.
Expand
titleProgram Fees (Optional & Required)
Info

Please review your goal summary to see required fees, if any. Required one-time costs will not show within the calculator since they are not variable.

  • Some program parameters Some program parameters will include program fees (required or optional) determined by the program supervisor
  • Reliant works with program supervisors to schedule a time when these fees are pulled. Talk Please talk to your supervisor with questions and concerns regarding program fees.
Expand
titleMonthly Bonuses, Expenses, & Contributions

Monthly Ministry Expense Bonus

  • A monthly taxable bonus in addition to gross pay
  • Intended use: Personal expenses incurred for ministry-related items
  • Reliant does not track expenses related to the Ministry Expense Bonus


Monthly HSA (Health Savings Account) Ministry Expense Bonus

  • A monthly bonus in addition to gross pay
  • In addition to this needing to be in your program's parameters, you must also be on Reliant-provided insurance to opt into the HSA bonus
  • Intended use: To contribute additional funds to your HSA account with Reliant (from MTD funds raised to the account your you're responsible for)
    • Reminder:
      • Some
    • If you're enrolled in a Reliant health benefit plan, some funds are already being contributed via your health insurance premium. Learn more here.
  • In addition to this needing to be in your program's parameters, you must also be on Reliant-provided insurance to opt into the HSA bonus


Monthly 403(b)(9) Retirement EMPLOYER Contributions

Info
titleEmployee Contributions

A 403(b)(9) goal selection DOES NOT affect the actual contribution through Principal.com. You will need to log into your retirement account on Principal and make actual changes there.

  • For Fixed Term program program team residents/interns, see your Employment Parameters for 403(b)(9) options and instructions. Questions? Email fixedterm@reliant.org.
  • For Collegiate or U.S. Churches program program team residents/interns, please , see 403(b)(9) Retirement Plan. As always, reach out to your liaison for your options. You may find the (soon to be updated) retirement page helpful.if you have questions.

*NOTE: Retirement fund matches

will

come from

your

the MTD account you're responsible for every month, NOT from Reliant Central Budget nor your gross paycheck

.
This selection DOES NOT affect the actual contribution through Principal.com. You will need to log into your retirement account on Principal and make actual changes there

.