An improved circuit board for an implantable stimulator device is disclosed having components embedded within the devices circuit board, and in particular having embedded components in the electrodes current paths, such as various numbers and/or combinations of DC-blocking capacitors, EMI filtering capacitors, and EMI filtering inductors. By embedding at least some of these components, the improved circuit board can accommodate additional IPG circuitry, or can be made smaller, which is significant given the trend to increase the number of electrodes in such devices. In a preferred embodiment, at least the filtering capacitors are embedded in the circuit board, while the DC-blocking capacitors are traditionally surface mounted, without reducing the number of DC-blocking capacitors compared to the number of electrodes the IPG supports.