News & Articles
Article
RMDs are the minimum amounts the IRS mandates individuals to withdraw annually from their pre-tax retirement accounts, typically starting the year they turn 73.
Article
Two current booklets for clergy and church financial and tax matters are available for download.
News
Lifetime Fund (Option C) rate for 2024 was 6% with fourth quarter dividend of 4% added to the year's announced 2% rate.
News
The retirement distribution tax form, 1099R, will be mailed by the end of January.
News
The IRS has published contribution limits to retirement plans for 2025 (for both salary deferral and overall annual additions limits).
News
Option C is designed for steady long-term earnings to be fully applied to a Monthly Income Benefit ("annuity"). Other forms of cash distribution may incur a market value adjustment when the investment portfolio value is less than annuitizable accrued value.
