Housing Allowance Resources
Housing Allowance for Ministers and Retired Ministers
A housing allowance, also known as a parsonage allowance, is a tax benefit available to eligible ministers in the United States. It can allow ordained clergy to exclude a portion of their income used for housing expenses from federal income tax.
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Related Resources
How to Maximize Your Housing Allowance Benefit
If you have served in ministry for any length of time, you probably know the basics of housing allowance. It is a unique tax benefit available to qualified ministers — a portion of your income that can be excluded from taxable income if it is used for housing. But here is something that does not get talked about nearly enough: the housing allowance is not just a tax break for right now. Used thoughtfully, it can be a powerful tool for long-term financial health, especially in retirement.
Purposeful Investing: Pension Fund’s Investment Strategy
As one might imagine, we frequently receive calls and emails asking about the specific investments that back our various products. Although account holders don’t own these underlying investments (or experience the associated risk of their price movements), the asset allocation is of interest to members when assessing the potential for annual Good Experience Credits (GECs)...
Balancing Liquidity: What It Means For Your Investments
Chief Investment Officer David Stone explains why liquidity has become an increasingly important part of Pension Fund’s investment strategy. He explores how meeting monthly pension obligations, supporting member withdrawals, and planning for future demographic shifts shape how assets are managed to ensure both stability and long-term growth.