-
Recent Posts
Recent Comments
Archives
Categories
- 03 – March 2018 (1)
- 05 – May 2016 (1)
- 09 – September 2015 (4)
- 2014 (44)
- 01 – January 2014 (14)
- 03 – March 2014 (10)
- 04 – April 2014 (6)
- 06 – June 2014 (4)
- 07 – July 2014 (1)
- 08 – August 2014 (2)
- 09 – September 2014 (1)
- 10 – October 2014 (1)
- 11 – November 2014 (1)
- 12 – December 2014 (4)
- 2015 (33)
- 01 – January 2015 (10)
- 02 – February 2015 (6)
- 03 – March 2015 (6)
- 04 – April 2015 (1)
- 07 – July 2015 (5)
- 08 – August 2015 (4)
- 11 – November 2015 (1)
- 2016 (18)
- 04 – April 2016 (1)
- 06 – June 2016 (1)
- 07 – July 2016 (1)
- 09 – September – 2016 (1)
- 10 – October 2016 (1)
- 11 – November 2016 (1)
- 12 – December 2016 (9)
- 2017 (8)
- 01 – January 2017 (1)
- 10 – October 2017 (1)
- 12 – December 2017 (6)
- 2018 (7)
- 01 – January 2018 (3)
- 02 – February 02 (2)
- 11 – November 2018 (1)
- 2019 (6)
- 01 – January 2019 (1)
- 03 – March 2019 (1)
- 09 – September 2019 (1)
- 11 – November 2019 (1)
- 12 – December 2019 (2)
- 2020 (5)
- 01 – January 2020 (1)
- 03 – March 2020 (3)
- 10 – October 2020 (1)
- 2023 (4)
- 01 – January 2023 (3)
- 02 – February 2023 (1)
- Cell Phones (1)
- Chaplains/Evangelists (16)
- Charitable Gifts (35)
- Church Loans (11)
- Credit Information (10)
- Expenses (23)
- Form 1099 (27)
- Form W-2 (88)
- Health Care (4)
- In the Know LIVE (2)
- Informational Manuals (39)
- Internal Revenue Service (183)
- Investments (27)
- Member Loans (2)
- Ministerial Housing Allowance (43)
- Ministers (132)
- National Debt (3)
- Pay Roll Taxes (28)
- Retirees (62)
- Retirement Contributions (56)
- Retirement Distributions (41)
- Social Security (26)
- Stock Market (10)
- Tax Information (205)
- 03 – March 2016 (1)
- Uncategorized (38)
- Webinars (1)
- Wills and Estates (10)
- Withdrawals (11)
Meta
Category Archives: Retirement Contributions
Year-End Contributions to Your Retirement Account
All pension contributions received in the Board’s office by the close of business on Friday, December 27, 2019, will be posted to the participant’s account and will apply against the participant’s 2019 contribution limits. Contributions received in this office after … Continue reading
Year-End Contributions to Your Retirement Account
All pension contributions received in the Board’s office by the close of business on Thursday, December 28, 2017, will be posted to the participant’s account and will apply against the participant’s 2017 contribution limits. Contributions received in this office after … Continue reading
Year-End Contributions to Your Retirement Account
All pension contributions received in the Board’s office by the close of business on Thursday, December 29, 2016, will be posted to the participant’s account and will apply against the participant’s 2016 contribution limits. Contributions received in this office after … Continue reading
Contribution Limits for 2017
The Internal Revenue Service recently announced the new pension plan contribution limits for 2017. While there are many different limits that impact pension plans, the main limits that effect participants in the Ministers’ Retirement Plan are as follows: The salary reduction … Continue reading
Incentives for New Participants
Time is running out for new participants to take advantage of the $500 matching incentive for 2015. Join the Plan today and the Board will match dollar-for-dollar the first $500 in contributions made this year to your account! Last fall, the … Continue reading
Tax Reporting of Retirement Plan Contributions
Retirement plan contributions made by the church on behalf of the minister or a church-related employee are not required to be reported at all on Form W-2. In addition, amounts contributed to the retirement plan by a salary reduction agreement … Continue reading
Tax-deferred Retirement Accounts
The Minutes of the Church of God General Assembly state that the local church should make contributions “to the Church of God Ministers’ Retirement Plan for the pastor of an amount equal to at least 5 percent of the cash … Continue reading
Would a Webinar Help?
We are receiving so many questions about tax issues and the Affordable Care Act, as well as a variety of other issues such as the ministerial housing allowance, we are discussing the benefit of having a webinar where our President, … Continue reading
Tax Treatment of Retirement Plan Contributions
As for retirement contributions, whether such are reported or not on the participant’s Form W-2 depends on whether the contribution was made by the church or by the pastor/staff person through salary reduction. In the Treasurer’s Manual, we answer this … Continue reading
Board Grants Year-End “Bonus” to Participants
In the recent meeting of the Board of Directors of the Church of God Benefits Board, the entity charged with managing the Ministers’ Retirement Plan, action was taken to grant a special year-end interest allocation to all participants in the Trustees’ Fund. … Continue reading
Church of God Benefits Board, Inc. 