7 financial experts discussing the 10 financial mistakes you may be making. The Committee on Ministerial Care of the Orthodox Presbyterian Church looks at 10 common financial mistakes made by pastors. Hosted by financial advisor and ruling...
An interview with Carl Trueman regarding how thoughts from his book, The Rise & Triumph of the Modern Self, impact pastoral ministry.
The OPC’s Director of Ministerial Care, John Fikkert, explores a pastor’s role in diaconal ministry with David Nakhla and Nathan Trice of the Committee on Diaconal Ministries.
Greg De Jong from the OPC Committee on Ministerial Care interviews Dr. David Murray, author of Reset: Living a Grace-Paced Life in a Burnout Culture.
Matt Miner from the OPC Committee on Ministerial Care interviews two professional retirement advisors from Wipfli Financial Advisors regarding key considerations for ministers as they try to maximize their retirement savings. Includes...
Hosted live by Rev. Lendall Smith, this webinar features David Haney with a panel of four seasoned pastors.
In the second of a series with Dr. Lindsay Fikkert and Rev. John Fikkert, Rev. Lendall Smith discusses how to assess and deal with fatigue and burnout in pastoral ministry.
Rev. Lendall Smith interviews Dr. Lindsay Fikkert and Rev. John Fikkert regarding self-care and personal stewardship strategies for ministers and ministers wives.
This webinar will be particularly helpful to those who are age 50 and older, or anticipate retiring from full-time ministry sometime in the next 20 years. Download the Budget Sheets Download the PowerPoint...
About Our Webinars
Will I Ever Be Able to Retire
This webinar will be particularly helpful to those who are age 50 and older, or anticipate retiring from full-time ministry sometime in the next 20 years.
1. Are OPC Pension Plan withdrawals taxable?
The OPC Pension Plan was replaced by the OPC 403(b) Plan, and withdrawals of money which was contributed on a pre-tax basis (which is generally the case) are considered to be taxable ordinary income, taxed at whatever your particular tax rate would be in the year of the withdrawal. The exception, as we noted in the webinar, is that under current tax law, a retired minister could be withdrawing as much as $21,000 per year (for 2018) and have it considered Housing Allowance, thus making those withdrawn amounts tax free. Finally, if someone has made Roth (after-tax) contributions to the 403(b) plan, they can withdraw Roth balances tax free.