News & Articles

News
The CARES Act added two temporary provisions that were included in the FCMM Retirement Plan for 2020 only.
Article
Four critical areas for financial planning of the SS-opted-out minister.
News
Contingency plans have been activated to best serve FCMM members.
News
Option C provides a steady return, based on long-term portfolio objectives.
Article
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
Certain tax rules are unique to ministers. It's important for ministers and churches to understand how ministers' compensation is to be handled.
Article
Note this "step-by-step" information for downloading your quarterly statements by logging in to your account access.
Article
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
Understanding the basics for pastoral pay and to become clergy tax savvy. Two similar workshops are available for viewing.
Article
Long Term Disability and Life/AD&D insurance coverages enhanced for 2020.
News
New "ICHRA" May Help Churches Offer Tax-Free Reimbursement