Jump directly to the content

Denominational Leaders

Continuing education for ministry leaders
Denominational Leaders
Weekly Lessons, created and written by Richard R. Hammar, J.D., LL.M., CPA, give you a basic legal overview of essential topics based on staff or volunteer positions within a church.

Previous Lessons

Week of July 26

Dealing With Authors

Week of August 2

Domain Names

This Week's LessonWeek of July 19

Housing Allowance for Retired Ministers

Introduction

This week we turn our attention to Housing Allowances for Retired Ministers. Start by completing the following quiz. Then review the Executive Summary for the key points on this topic, or read the Weekly Lesson for a complete discussion of this topic.

A denominational pension plan offers a retirement program for thousands of ministers, many of whom are retired. Can the denomination designate a portion of the retirement benefits it pays to retired ministers as a "housing allowance"? If so, what are the tax consequences of doing so?

Weekly Quiz

Instructions Click on the correct answer for each of the following questions.

Executive Summary

Denominational pension plans can designate housing allowances for retired ministers if certain conditions are satisfied. This is a significant tax benefit, and is one of the main advantages of denominational pension plans. In this week's lesson, we ...

Join now to access this member-only content

Become a Member

Already a member? for full access.

Related ResourcesVisit Store

2020 Church & Clergy Tax Guide
2020 Church & Clergy Tax Guide
Find comprehensive help understanding United States tax laws as they relate to pastors and churches.
12 Law & Tax Guidelines for New Ministers
12 Law & Tax Guidelines for New Ministers
Essential knowledge to ensure legal and financial clarity and integrity in ministry.
20 Finance Questions Churches Ask
20 Finance Questions Churches Ask
Richard Hammar answers relevant tax and finance questions for church leaders.
Essential Guide to Money for Church Boards
Essential Guide to Money for Church Boards
Church board members should have a basic understanding of these financial issues.