Plus: Who Can Sign Church Documents? | View online

How the New SECURE 2.0 Affects Churches and Employees with Retirement Distributions, Enrollment Rules

Meanwhile, ‘Catch-Up’ limits increase, and employers soon can help employees more as they deal with student debt.

Richard R. Hammar

Congress recently passed, and President Biden signed into law, an update to the SECURE Act of 2019 (SECURE 1.0). The new law is named the Setting Every Community Up for Retirement Enhancement Act (SECURE 2.0).

This law is designed to:

increase retirement savings,
simplify and clarify retirement plan rules and,

Also This Week:

Who Can Sign Church Documents?

A court case in South Carolina offers insights and warnings for giving signatory authority.

Richard R. Hammar

Key Tax Dates February 2023

Among other important items, quarterly federal tax returns are due along with Affordable Care Act forms 1095-C and 1094-C for employers with 50 or more FTEs.

Richard R. Hammar

Busted Pipes, Busted Budgets: Fighting Back Against Winter’s Hidden Risks

Eye-popping property damage insurance claims show why churches even in warmer states need to prepare and respond when winter weather looms large.

Matthew J. Branaugh

Resources:

Planning the Pastor’s Retirement Package

Use this guide to develop your pastor's retirement plan for all stages of life.

2023 Church and Clergy Tax Guide

Support your ministry with the most authoritative and comprehensive, year-round tax resource.

Record Keeping

Learn best practices for protecting confidential documents.

Vital coverage of critical developments, news, insights, and resources about legal and tax matters affecting churches, clergy, staff, and volunteers nationwide.

Church Law & Tax Update

Delivered free via email to subscribers weekly. Subscribe to this newsletter.

You are currently subscribed as newsletter@newslettercollector.com. Subscribe to more newsletters like this. Manage your email preferences or unsubscribe.

Christianity Today is a 501(c)(3) nonprofit organization.