by Taylor Johnson | Aug 20, 2020 | Plan Administration, Plan Participation
What is Housing AllowanceWhen an ordained, licensed, or commissioned minister receives a portion of their compensation as housing allowance, that portion is excluded from gross income and therefore not subject to federal income tax. This can represent substantial tax...
by Taylor Johnson | Feb 11, 2020 | Plan Participation
As a leader in your organization, it’s important for you to make sure that your employees are educated on being financially prepared for retirement. But how do you do this?It can be difficult to help your staff become motivated about their future. But when...
by Taylor Johnson | Feb 11, 2020 | Plan Participation
You want to see your staff financially prepared for the future. However, getting them to participate in a retirement plan can be challenging at times. Here are a few tips that you can pass on to help them: 1 Save at least 10% of your income. This provides a...
by Taylor Johnson | Dec 11, 2019 | Plan Participation
One of the biggest concerns of Plan Sponsors is the fear of low retirement plan participation. Imagine spending your money, time, and effort setting up a new plan for your employees, and they don’t understand or take little interest in the plan. Maybe you’ve...
by Taylor Johnson | Jul 2, 2019 | Plan Participation
Last year, there were more than 75 million downloads of Bible apps on the web.As a result, individuals spent more than 23.6 billion minutes reading the Bible. What a great tool to encourage Bible reading!Just like there are tools to encourage increased Bible reading,...
by Taylor Johnson | Jan 9, 2018 | Plan Participation
When people, or even analysts, talk about retirement, they talk about it as being one homogeneous season of life. A time of retreat and diminished capacity is the general characterization. Nothing could be further from the truth or the reality of...
