The Personal Investment Plan (PIP)
A flexible way to save for your future
The Personal Investment Plan (PIP) is a 403(b) retirement savings plan administered by Wespath. It’s designed to help employees of Methodist-affiliated organizations build long-term retirement savings in a tax-advantaged way.
PIP can play an important role in your overall retirement strategy and can complement other benefits offered through your employer.
Who Can Participate?
PIP is available to eligible employees of:
- United Methodist churches
- General Agencies
- UMC-affiliated institutions and organizations
Eligibility requirements vary by employer. If you’re unsure whether you qualify, check with your plan sponsor or Human Resources office.
How PIP Works
PIP is an individual account-based plan, which means:
- You decide how much to contribute (within IRS limits).
- You choose how to invest your account.
- Your account balance grows based on contributions and investment performance.
Because PIP is tax-advantaged and flexible, it supports retirement planning at many stages of your career.
Why Consider Participating in PIP?
PIP allows you to save regularly—either as a percentage of your compensation or a flat-dollar amount—helping you create a habit of steady retirement saving.
Is PIP Right for You?
PIP may be a good fit if you’re looking for:
- A structured way to save for retirement
- Tax advantages that can help you accumulate more over time
- Professional investment management choices
- Flexibility in how and when you contribute
Whether you’re early in your career or closer to retirement, PIP offers tools and support to help you move toward financial confidence.
How to Enroll
To get started:
- Contact your plan sponsor to request enrollment materials.
- Follow your employer’s enrollment instructions.
- Once enrolled, you’ll be able to access additional information and resources that help you track and manage your retirement savings.