News & Articles

News

Payroll Service Has Seen Steady Growth

FCMM’s launch of a church payroll service has grown to serve churches in seven states in the first year. The service is scalable and affordable for churches of all sizes and levels of need.
Article

FCMM Announces Staff Addition for Advising

Jeff Englin has been assisting Retirement Plan participants since 2008 as a contract adviser. With his new assignment, he will give full-time service to FCMM.
News

FCMM Accredited by ECFA

FCMM Benefits & Retirement has been accredited by the national financial accountability organization for ministries.
Article

How Can Retirement Investments Benefit Churches?

Since 2010, FCMM Retirement Plan members have had the opportunity to invest retirement funds with Christian Investors Financial (CIF). CIF is the EFCA-affiliated provider of ministry capital financing along with capital campaign and leadership consulting. Following is information provided by CIF illustrating their ministry partnering.
Article

FCMM/GuideStone Now Offering Expedited "Micro-group" Health Insurance Quotes

FCMM's partner in group health insurance, GuideStone, now features an online portal for requesting quotes for ministries with 2 to 4 eligible employees.
Article

Performance Reports

Information about strategy and performance of FCMM funds
News

Social Security Claiming Options Have Been Dropped

The budget deal enacted in late 2015 nixes the recent provision that allowed "claim-and-suspend" strategies for couples, along with related options.
News

Retirement Plan adds GuideStone Mutual Funds

Option J has been renamed "Biblically Responsible Funds" with the addition of GuideStone Mutual Funds to the previous selection of Timothy Plan Funds.
Article

FCMM Offers Acccess to Pre-Tax Group Health Insurance and Stresses July 1 Compliance Deadline

July 1, 2015, deadline for ACA compliance means that only group health insurance may be provided as non-taxable benefit by employers with multiple staff.
Article

Guidelines for Classifying Exempt & Non-Exempt Staff (Updated)

Every organization must follow federal guidelines for classifying and paying "exempt" and "non-exempt" staff.
Article

March 2, 2015: Delayed Enforcement of ACA for Small Employers - Implications

In our last update, FCMM mentioned that IRS Notice 2015-17 offers temporary relief of the excise tax on non-compliant employer payment plans through June 30, 2015. But what about implications for those churches and staff who have already complied?
Article

February 23, 2015: Significant Update on Employer Health Insurance Premium Reimbursement or Payment Plans

The IRS released more clarification (changes) last week on ACA compliance for small employers.

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