by Taylor Johnson | Oct 7, 2020 | Plan Selection
What is a Faith-Based Retirement Plan?A faith-based retirement plan supports those who want to wisely steward the money God has given them and invest it wisely so that it can be used in future ministry retirement years. A faith-based retirement plan provides...
by Taylor Johnson | Sep 17, 2020 | Halfway There, Participant Resources, Ready to Retire, Starting Out
The following Retirement Rules will equip you with basic strategies to help you build your retirement fund. For most people “retirement” is seen as a time during which you withdraw or cease from work. However, there is never a time in which we stop having...
by Taylor Johnson | Sep 4, 2020 | Retirement
In order to receive the Minister’s Housing Allowance in retirement, you must be an ordained, licensed, or commissioned minister. Each year, you need to provide Envoy Financial with a Housing Allowance Authorization letter from your organization (on...
by Taylor Johnson | Sep 3, 2020 | Retirement
What is Housing Allowance for Ministers?A tax benefit for ordained, licensed, or commissioned ministers.A portion of income that is excluded from gross income, and thus is not subject to federal income tax.Gives them the ability to take a portion of money out of their...
by Taylor Johnson | Sep 2, 2020 | Retirement
All those who are properly licensed, commissioned, or ordained by an ecclesiastical body can take a Minister’s Housing Allowance, which gives the right to reduce their ministry-based income by an amount equal to the expenses associated with their housing...
