Top Employee Benefits Offered by the Church

What benefits does your church offer its employees? This question tends to pop up a lot in job interviews—often right after the interviewer asks “Do you have any questions for me?”. And employee benefits are a fair thing to inquire about; most of us would like to know the perks that a job will give…

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Important Fringe Benefits for Ministers

A fringe benefit is any cash, property, or service that clergy employees receive from a congregation in addition to salary.  All fringe benefits are taxable income to employees unless specifically exempted by the Internal Revenue Code. Many fringe benefits can be provided by a congregation to clergy without any dollar limitation (health insurance is an example), while other fringe benefits…

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Advantages of a Premium Only Plan

If your employees pay a portion of their group insurance premiums, you may be able to reduce your payroll taxes, and give workers a little extra in their checks each and every payroll, by setting up premium only plan (POP) through payroll deductions for their share of insurance premiums. The Section 125 POP program is a…

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Is it Vacation or Paid Time Off?

Traditionally, churches had offered separate paid time off benefits to employees, such as paid vacation, sick leave and personal days. However, in the past decade, many churches have moved to a more flexible Paid Time Off or “PTO” benefit that incorporates all policies into one all-inclusive PTO plan. The debate as to whether churches benefit…

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Are You Eligible to Make Extra 403(B) Contributions?

The IRS just announced their pension plan contribution limits for 2018. The contribution limit for 403(b)s has been increased by $500 to $18,500. IRA contribution limits have not changed in half a decade and will be $5,500 once again. If you’re over 50, you are eligible to make catch-up contributions. You can put an additional…

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Health Reimbursements Are Back!

Qualified Small Employer Health Reimbursement Arrangements are now an easier and more cost-effective option for the church to reimburse employees for the cost of individual insurance plans on a pre-tax basis. If you are a small church (less than 50 employees and not subject to ACA coverage requirements) and you do not offer a group health…

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