According to research from the National Association of Evangelicals 30% of American pastors have student loan debt in excess of $36,000. Recent regulatory changes allow employees of churches and religious organizations to have their student loans forgiven. Surprisingly, the steps to apply are straightforward and in many cases, can be completed in about an hour.
Stephen Maginas is no stranger to the Presbyterian Church of America (PCA). His familiarity with the unique challenges faced by pastors and ministry workers is one of the many reasons he’s perfectly suited for his new role as Financial Planning Advisor at PCA Retirement & Benefits (RBI).
3 Types of Non-Cash Gifts Your Church Can (And Should) Receive When it comes to stewardship and charitable giving, most churches only think about cash donations. But most of the wealth in congregations is tied up in non-cash assets, many of which can be given as...
I used to think of Ministerial Relief as a ministry that only provided for widows requiring critical assistance. Every year, I encouraged our congregation to give enthusiastically to it, never imagining my wife and I would one day be beneficiaries of the generosity of God’s people in the PCA.
RBI believes that when you invest in women in ministry, you invest in the health of the church. Cherish is one such program through which RBI’s Ministerial Relief Fund provides free and discounted counseling services to PCA pastors’ wives. Megan Hill is no stranger to...