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Updated over 4 years ago,
403(b) Clergy Specific Retirement
Hey everyone. My wife and I are about to move into a parsonage (free housing) and will be in a wonderful financial position to really start working toward financial independence and early retirement (we are both 33). I've recently come across a great company that specializes in retirement and taxes for clergy but I've also just started reading a ton from Mr Money Moustache. I'm wondering if anyone out there is ordained and is further down the road of financial freedom/retiring early?
Specifically, they have a 403(b) retirement plan that would allow me to keep my housing allowance benefit, even once I retire, which has some huge tax advantages.
Anyone have experience in these two overlapping areas?