Financial Services:

Let Your Values Guide Your Investments

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Put your tax benefits to work in a total financial plan:

Customize your investment and retirement portfolio to fit your personal values clergy-specific tax advantaged strategies.

Discover what coordinating your tax benefits and financial planning can do for you.  You need specialized tax expertise but you also need specialized  financial knowledge to make the best use of the unique benefits available to you. That’s not always easy to come by but it’s our specialty and one we’d love to share with you.   Click here to Contact us or call 970-667-5819 to learn more about:

  • Biblically Responsible investment options
  • Coaching and Education to maximize tax opportunities
  • Clergy Advantage 403(b) Retirement plan specifically for ministers/non-profits
  • Review of Employee Benefits
  • Tax Advantaged Investing
  • Wealth management/Estate/Legacy Planning
  • Life Insurance
  • Long Term Care Planning or Insurance needs analysis

The Clergy Advantage® Retirement Plan gives non-denominational ministers the same advantages as those with a denominational plan.  This can translate into thousands of dollars of savings, plus tax-free income during retirement via the clergy housing allowance!

Reduce State, Federal and Social Security tax now and during retirement. Look below to compare retirement options and then Contact us or call 970-667-5819 for a complimentary personal consultation.

Retirement Savings Options:
Traditional IRA Roth IRA Standard 403(b) Clergy Advantage 403(b)
Tax Implications
1. Contributions are sometimes income-tax deductible.
2. Earnings are tax-deferred
3. Distributions are generally taxable
1. Distributions are generally not taxable after age 59½
2. Contributions (but not earnings) can be withdrawn ANY time without tax or IRS penalty
3. Earnings can be withdrawn tax-free after age 59½
1. Contributions avoid income tax
2. Earnings are tax-deferred.
3. Avoids Social Security tax for clergy but not for lay workers
1. Contributions avoid income tax
2. Earnings are tax deferred
3. Avoids Social Security tax for clergy but not for lay-workers
4. In addition, up to 100% of proceeds can be tax-free housing allowance even before retirement!
Typical federal tax savings on $4000 of contributions
$600, but only if you’re eligible to deduct the contributions $0
$1,200 for clergy
$600 for other workers
$1,200 for clergy
$600 for other workers
Tax treatment of distributions after age 59½
Taxable Non-Taxable Taxable For clergy, up to 100% of proceeds can be tax-free housing
Annual contribution limit:
$5,000
($6,000 if over age 50)		 $5,000
($6,000 if over age 50)		 $17,000
($22,500 if over age 50) in addition to employer contributions		 $17,000
($22,500 if over age 50) in addition to employer contributions
Sign Up Today!

 

Not utilizing all of your tax benefits could be costing you thousands of dollars in unnecessary taxes every year. Don’t be a tax casualty and  keep your housing allowance benefits for life.    Transform the way you use your tax benefits. Attend our free, “Tax Free Money for Ministers” and “Don’t Let Ministry Expenses Eat Your Lunch.”

By breaking the puzzle into three main categories and fitting them into a practical and complete plan, you’re likely to see huge savings right away.   Learn how to maximize the critical, “Tax Biggies” and 90% of your tax puzzle is solved:

  1. Housing Allowance
  2. Maintaining Housing Allowance Benefits FOR LIFE & using the right retirement plan
  3. Understanding Ministry Expenses and the Accountable Plan

Using your housing allowance effectively requires much more than  knowing what you can & can’t deduct. Understand three basic principles before setting your housing allowance for the year.  Learn effective strategies for special circumstances like, buying or selling a house to create even more tax deductions.

Keep your housing allowance benefits when you retire. Even if you never plan to retire, you can have the tax free stream of income for life. The wrong kind of retirement plan can cost you your housing allowance benefits and tens of thousands of dollars over the years.  There are unique tax strategies available to pastors, and there are unique financial strategies available as well.

Ministerial Expenses are a huge area of tax losses for ministers without an Accountable plan. If your Accountable Plan isn’t set up and implemented properly, you ARE LOSING significant deductions every year. Discover a host of frequently overlooked deductions AND reduce your audit risk enormously.  If you’re a typical pastor, you could be adding hundreds or even thousands to your income every year.  You’ll have everything you need to present to your board,  implement and budget an Accountable Plan.