Category Archives: 2014

Church Mortgages Rates as Low as 5%

The Church Loan Fund, Inc. is now offering church mortgages with rates as low as 5%. The loan fund is a separate entity from the Ministers’ Retirement Plan but operates under the umbrella organization of the Church of God Benefits Board. … Continue reading

Posted in 07 - July 2014, Church Loans | Leave a comment

Taking Social Security Benefits Early – Use the Calculator

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 06 - June 2014, Social Security | Leave a comment

Opt-Out of Credit Marketing Lists

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 06 - June 2014, Credit Information | Leave a comment

Free Credit Reports Available

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 … Continue reading

Posted in 06 - June 2014, Credit Information | Leave a comment

2013 Audits Available for Inspection

The 2013 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 06 - June 2014 | Leave a comment

Understanding the “Valuation” Process

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 04 - April 2014, Investments, Stock Market | Leave a comment

Social Security Statements are Now Available

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 04 - April 2014, Social Security | Leave a comment

Filing an Amended Return

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 04 - April 2014, Internal Revenue Service, Tax Information | Leave a comment

Are You Saving Enough?

A recent study, led by Fidelity Investments Retirement Savings Assessment, found four out of ten retired households report not having sufficient income to cover their monthly expenses. That means that more than 38% of retired households are struggling to meet … Continue reading

Posted in 04 - April 2014, Retirement Contributions | Leave a comment

Does Your Will Control?

It is vital that everyone have a will, regardless if you are 30 years old or 75 years old. Wills are not just for senior citizens. However, you need to be aware that your will may not be the controlling … Continue reading

Posted in 04 - April 2014, Retirees, Wills and Estates | Leave a comment