Category Archives: 05 – May 2012

Understanding the “Valuation” Process

Posted on June 6, 2012 by

Many participants in the equity (or stock) accounts offered by the Ministers’ Retirement Plan may not fully understand the process of how they make money – or lose money – in their equity accounts. While it is rather simple to … Continue reading →

Posted in 05 - May 2012, Investments, Stock Market | Leave a comment

Social Security Benefits Statements are Now Available Online

Posted on June 6, 2012 by

The Social Security Administration is now providing online statements for individuals to view the estimated benefits that person will receive when they retire, replacing the paper statements the agency use to mail out a couple months prior to your birthday … Continue reading →

Posted in 05 - May 2012, Internal Revenue Service, Ministers, Pay Roll Taxes, Retirees, Social Security, Tax Information | Leave a comment

Filing an Amended Return

Posted on June 6, 2012 by

Finished filling out your tax return and realized you made a mistake? Don’t panic. The good news is you can fix your mistake by filling out a Form 1040X, an amended return. The only downside to filing an amended return … Continue reading →

Posted in 05 - May 2012, Form W-2, Internal Revenue Service, Tax Information | Leave a comment

Retirement Accounts Being Eyed by Congress Again

Posted on June 6, 2012 by

Once again, some of the most popular retirement savings tools are under the congressional microscope. Policy makers are gearing up for the tax-reform effort expected after the presidential election and asking what seems to be a simple question: Can 401(k) … Continue reading →

Posted in 05 - May 2012, Internal Revenue Service, Ministers, Retirees, Retirement Contributions, Retirement Distributions | Leave a comment