7 Keys to Pastoral Retirement Planning
A wide range of legal, financial, and tax issues come into play in the area of pastoral retirement planning.
Benefits
Wheaton Bible Church’s outside-the-box approach to compensation
Wheaton Bible Church’s compensation philosophy blends a competitive approach with a focus on employee well-being and development.
Are Group Health Sharing Plan Costs Eligible for FSA Reimbursement?
A Church Law & Tax member asks "What is eligible for FSA reimbursements?" The answer depends, based on current guidance from the IRS.
Rich’s 15 Must-Knows for Pastors: Housing Allowances
Understand how to properly set this significant pastoral benefit.
Rich’s 15 Must-Knows for Pastors: Taxable Income
Correctly report tax liability with this helpful reference guide.
Rich’s 15 Must-Knows for Pastors: Excess Benefit Transactions
Learn what common practices may expose pastors (especially senior pastors) to substantial excise tax.
Churches Can Once Again Reimburse Employee Health Care Costs
New rules maintain the same tax-favored status for employer contributions toward a traditional group health plan.
Are Employee Discounts on Church Retreats and Events Taxable?
Churches offering employee discounts on retreats and events must determine whether these benefits are taxable. IRS Publication 15-B allows certain exclusions, but restrictions apply, especially for highly compensated employees. Get expert insights on compliance and best practices.
Payroll and Benefits for Dual-Role Church Employees
When nonexempt employees split their time between the two parts, overtime can occur.
Retirement Planning for Pastors
Early planning can avoid IRS trouble—and provide well when retirement comes.
Can an Interim Minister Receive a Housing Allowance?
Can an interim minister receive a housing allowance? Learn IRS guidelines and eligibility requirements here.
The Risks of Taking Social Security Early
Understand the risks of early Social Security benefits and explore your options for withdrawal or suspension.
Can a Church Revoke an Irrevocable Retirement Benefit Commitment?
Church boards may attempt to revoke irrevocable retirement benefits, but legal factors like consideration and detrimental reliance may impact enforceability.
Can a Church Offer Free Preschool Tuition Only to the Pastor’s Children?
Churches with preschools must follow IRS guidelines when offering tuition benefits to staff. Learn the tax rules and eligibility requirements.
Are Personal Uses of Church Equipment by Staff a Taxable Benefit?
Occasional personal use of church equipment may qualify as a de minimis benefit and not be taxable. Here’s what church leaders need to know.