Ministry Finance Essentials: Compensation, Tax, Housing Allowance
Pastors juggle various financial aspects unique to their profession, from taxes to housing allowances. Fortunately, our partner ministry Guidestone Financial Services has a plethora of resources available now for BCI pastors and churches.
At the heart of GuideStone’s mission is the goal to enhance the financial security and resilience for those who serve the Lord. That’s why we are excited to promote these Guidestone resources to help answer common financial, benefits, and tax-related questions for ministers.
Guidestone’s Ministerial Resource Center equips pastors with essential financial education resources, including tax guides and compensation insights.
- Ministerial Tax Issues: Ministers deal with unique tax rules. Guidestone provides a simple booklet answering common tax questions pastors have.
- Compensation Planning Guide: Churches want to care for their pastors while managing finances wisely. Guidestone’s guide helps churches navigate pastor compensation effectively.
- Minister’s Housing Allowance Q&A: The housing allowance is a significant tax benefit for ministers. Guidestone’s Q&A explains the rules and limits clearly.
- Minister Financial Education Videos: Guidestone offers videos covering topics like taxes, housing allowances, salaries, benefits, and social security—tailored specifically for pastors.
Explore the Ministerial Resource Center to access financial education videos and valuable information on pastor compensation and housing allowances.
Enhance your financial literacy and optimize your finances as a pastor by visiting Guidestone’s Ministerial Resource Center today.
Not on Guidestone yet? Church staff can sign up now!
Any church staff members in BCI affiliated churches can receive this and many other benefits by creating a GuideStone account. For leaders not yet in the GuideStone system, the first step is to start a retirement account.
See the linked flyer for more information about the many financial benefits available to pastors and church staff through our partnership with GuideStone. If you have any questions, contact the BCI account representative Hoon Im to get started. Click here to email Hoon Im.
