News & Articles

Article

Managing Financial Life After Opting Out of Social Security

Four critical areas for financial planning of the SS-opted-out minister.
News

FCMM Office Moves to Limited Schedule - March 17

Contingency plans have been activated to best serve FCMM members.
News

Lifetime Fund (Option C) Rate for 2020 - UPDATE for April 2020

Option C provides a steady return, based on long-term portfolio objectives.
Article

Considering Opting Out of Social Security? Critical Issues to Review

Many young pastors, learning of the self-employment tax rate for clergy, have found mention by a colleague or a tax preparer of the option for a minister to be exempted from the tax and from the government insurance programs to be enticing. The minister should carefully consider the long-term implications of the irrevocable action.
Article

Ministers' Pay Essentials

Certain tax rules are unique to ministers. It's important for ministers and churches to understand how ministers' compensation is to be handled.
Article

Approaching age 72? Here's what you need to know about RMDs...

Starting by the year you reach 72, the IRS requires you to begin subjecting a portion of your deferred retirement savings to possible income tax.
Article

Benefit Plan (LTD & Life/AD&D): New Option and Improvements for 2020

Long Term Disability and Life/AD&D insurance coverages enhanced for 2020.
News

New Type of HRA Allows Tax-Preferred Reimbursement of Individual Health Insurance

New "ICHRA" May Help Churches Offer Tax-Free Reimbursement
News

After August 25: Updated Online Access to Your Member Account

Login security to be strengthened
Article

Are you Saving Enough for Retirement?

Small changes now could mean big differences in your future retirement.
News

Retirement Plan Offers Matching Program

New, limited-time program offers matching grant of $1,000 for pastors newly enrolling

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