Clergy Compensation Planning

Clergy Compensation Planning


Imagine a structured process that is driven by a personal relationship
between Clergy (Client) and the Financial Consultant whereby a customized plan is created and implemented. The Clergy Compensation Plan
is the tool to help the Clergy member and Consultant to manage the pathway
to success.

Building a Team with the Right Partners or Staff members ( your Human Resources department, Tax professional or CPA, and other Financial Consultants)

We need to build the best team in order for us to help you meet
your financial planning goals. We need to know who's on
your team and what they offer to the partnership in terms of
experience or specialty.

The Church Governing Body is a strategic partner that makes
key decisions in this process. We need to educate them concerning
the fundamentals of a sound Clergy Compensation Plan and how
to best support its success. The fact is that most Pastors and clergy members alike opt out of Social Security for retirement benefits and do not save adequately for their later years of retirement

We also need to round out the partnership with all the other
partners that you rely on for advice and the ability to add
value to the overall planning process and your success.

Taking the Steps to Put the Process into Action

Critical steps to your financial future start with:

Engaging our Clergy Compensation Planner to assist you
in a Financial Planning process with a focus on your compensation package
planning, retirement planning, and estate planning.

Attending a data gathering meeting.

Reviewing your customized financial plan designed and prepared
by the Clergy Compensation Planner and Team.

Facilitating the opportunity for the Planning Team to present
the proposed reallocation of the compensation package to the
Church Governing Body.