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Things to know

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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.

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titleMoving Bonus
  • 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.
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titleContinuing Education Reimbursements
  • Learn more about Reliant's Continuing Education benefit and process here
  • 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.

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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 you're responsible for)
    • Reminder: If you're enrolled in a Reliant health benefit plan, some funds are already being contributed via your health insurance premium. Learn more here.


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 on Principal and make actual changes there.

  • For Fixed Term 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 team residents/interns, please see 403(b)(9) Retirement Plan. As always, reach out to your liaison for your options. You may find this retirement Solomon page helpfulif you have questions.

*NOTE: Retirement fund matches will come from the MTD account you're responsible for every month, NOT from Reliant Central Budget nor your gross paycheck.

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