Category Archives: 05 – May 2011

Taking Social Security Benefits Early – Use the Calculator

Posted on June 15, 2011 by

One of the biggest decisions facing retirees today is whether they should start drawing their Social Security benefits prior to reaching full “retirement age.” According to the Social Security Administration, “retirement age” is a sliding scale based upon the year … Continue reading →

Posted in 05 - May 2011, Retirees, Social Security | Leave a comment

Opt-Out of Credit Marketing Lists

Posted on May 25, 2011 by

Is your mail box filling up with credit card offers? Some people jokingly say that if they did not receive credit card offers or insurance company offers they would receive no mail at all. However, for many of us, the … Continue reading →

Posted in 05 - May 2011, Credit Information | Leave a comment

Free Credit Report Available

Posted on May 25, 2011 by

All U.S.residents are entitled to receive annually a copy of their credit report free from each of the three major credit bureaus. The free credit report program, created by Congress, allows everyone to request a free copy of their credit … Continue reading →

Posted in 05 - May 2011, Credit Information | Leave a comment

2010 Audit Available for Inspection

Posted on May 9, 2011 by

The 2010 audit of the Church of God Benefits Board, Inc. and the Ministers’ Retirement Plan is complete and available for inspection. The audit was conducted by the outside auditing firm of Henderson, Hutcherson, & McCullough, PLLC of Chattanooga, Tennessee. … Continue reading →

Posted in 05 - May 2011, Church Loans, Ministers, Retirees | Leave a comment

Housing Allowance for Two Homes

Posted on May 9, 2011 by

For many years, the issue has been debated about whether a minister could claim the ministerial housing allowance to cover two different homes at the same time. This situation has arisen when a pastor, who owns a home in one … Continue reading →

Posted in 05 - May 2011, Ministerial Housing Allowance, Ministers, Retirees, Tax Information | 3 Comments

Dealing with a Natural Disaster

Posted on May 9, 2011 by

As you have heard repeatedly, many within our extended church family in the southeastern United States have been impacted by the massive string of tornadoes that swept through our area last week. We have churches and parsonages that have been … Continue reading →

Posted in 05 - May 2011, Member Loans, Withdrawals | Leave a comment