Newsletter Subject

Be paid fairly for your life's work

From

faithlifemail.com

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communications@faithlifemail.com

Sent On

Sat, Oct 19, 2019 06:27 PM

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Read more inside. As a Faithlife customer, you might be interested in this offer from our partner. 1

Read more inside. [View in browser]( [Faithlife]( As a Faithlife customer, you might be interested in this offer from our partner. [Faithlife Logo] We use technology to equip the Church to grow in the light of the Bible. [Logos]( [Mobile Ed]( [Verbum]( [Proclaim]( [Faithlife]( [Lexham Press]( [Faithlife TV]( 1313 Commercial Street • Bellingham, WA 98225 (800) 875-6467 | (360) 527-1700 You are subscribed to receive emails from Faithlife. To manage preferences or unsubscribe, [click here](. [MMBB, A Financial Services Ministry™] [Want an even stronger congregation?] But your compensation matters. Talking about money can be hard for people who serve God. But it’s important to understand how clergy taxes affect your compensation‚ so you can make sense of your finances without distracting from your ministry work. Clergy taxes affect your compensation in three ways: 1. Salary Remember, clergy salaries are subject to taxes, even though you work for a tax-exempt organization. 2. Tax Offsets Clergy are responsible for paying their Social Security and Medicare taxes. Your employer may offer a tax offset to help with these payments. 3. Housing Allowance Ordained ministers can claim this federal income tax deduction for mortgage and rent payments, utilities, and home expenses. Understand how compensation and clergy taxes work together. Your compensation can provide the foundation for financial peace of mind—so you can focus on your calling. At MMBB, we’re experts in the financial side of ministry. We can review your compensation package and guide you on the road to financial wellness. Let’s begin this journey together. [800.986.6222]( [plans.mmbb.org](

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