This publication will help you better understand the tax rules that apply to your 403(b) (tax-sheltered annuity) plan. You will understand and identify excessive contributions, basic rules for claiming the retirement savings, and more.
What will be the pension for each if these Pastors when they turn 67 in five years?
Wondering if a church "opts out" of the Minister's Pension Plan, even temporarily, if it's possible to pick it up again in the future? Or is it a case of once you're out, you're out??
Careful preparation for retirement brings major advantages for pastors and congregations both before and after the actual farewell event. Many denominations and pastors have studied the matter of retirement with care.