Affordable Care Act mandates, growing deductibles, and skyrocketing insurance premiums have left many independent pastors scrambling for an answer to their family’s health care needs. Luckily, there is a more affordable alternative to health insurance: medical cost sharing plans.
It can be hard to save for retirement. Especially for pastors who need to because they’ve opted out of Social Security. A lot of big denominations have pensions, but what about independent pastors? Non-denominational pastors usually don’t have workplace retirement plans. That doesn’t leave them with much more than an IRA. Or does it?
Having a baby comes with a lot of responsibility and a long to-do list. Here are the things you should do legally and financially to set yourself up for success once your little one arrives.
If you have a high deductible health plan and are not using a Health Savings Account, you are missing out on some amazing tax benefits and probably wasting money.
Right now is open enrollment for Obamacare. Learn how to get help paying premiums, the consequences of not enrolling, and whether or not it is even going to be around next year.