News & Articles
News
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
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 Benefits & Retirement has been accredited by the national financial accountability organization for ministries.
Article
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's partner in group health insurance, GuideStone, now features an online portal for requesting quotes for ministries with 2 to 4 eligible employees.
News
The budget deal enacted in late 2015 nixes the recent provision that allowed "claim-and-suspend" strategies for couples, along with related options.
News
Option J has been renamed "Biblically Responsible Funds" with the addition of GuideStone Mutual Funds to the previous selection of Timothy Plan Funds.
Article
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
Every organization must follow federal guidelines for classifying and paying "exempt" and "non-exempt" staff.
Article
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
The IRS released more clarification (changes) last week on ACA compliance for small employers.