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Category Archives: Member Loans
Hardship Withdrawals
Accessing the funds in your Ministers’ Retirement Plan account prior to age 59½ is made extremely difficult by the Internal Revenue Service rules. Simply stated, the IRS says you cannot access your funds unless you have an “immediate and heavy” … Continue reading
Dealing with a Natural Disaster
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 Member Loans, Withdrawals
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