As you move forward toward retirement, it's important to revisit your initial plan and assess whether there are additional steps you should be taking. Let’s explore some critical questions and actions that can help guide you to a financially secure retirement.

The Clergy Housing Allowance is a provision that allows ordained, licensed, or commissioned ministers to exclude some or all of their housing expenses from gross income for federal income tax purposes. This exclusion can be a game-changer for your financial planning, but it requires careful documentation and proper designation to maximize its benefits.