Are you on track for retirement?
Sign-up to meet with Josie Martinez, Conference Liaison
at the 2008 Annual Conference
Thursday, May 22 and Friday, May 23
Some questions to consider:
- How would I know if I have enough for my retirement income? Can a pension projection help me plan for retirement?
- How much do I need to put in my United Methodist Personal Investment Plan (UMPIP)? What is the maximum allowable amount for UMPIP?
- When I retiree, I heard the housing allowance exclusion can help me pay less income tax? How does that work? Should I have a mortgage or not at retirement?
- Is there a death benefit when I die? How much?
- When can I retire? How much will I receive from the pension plans?
- Do I need to receive my entire pension when I retire? Is my pension from the General Board of Pension and Health Benefits taxable?
- Will my pension amount increase every year? How much?
- Will my spouse receive a pension when I die?
- When will I get my first retirement check? How will I get it?
- Can I have different beneficiaries on my pension and welfare accounts?
- My statement of account shows less contribution into the Clergy Retirement Security Program (CRSP) than what my church is being billed for. Why? Will this be sufficient for retirement?
Know the answers to these questions by consulting with Josie Martinez from the General Board of Pension and Health Benefits of the United Methodist Church.
Please call the Benefits Office at 410-309-3479 to register.
