Posts published in “Magnolia Minds”

MAGNOLIA MINDS: Don’t fear the answers

December 19, 2022

By Tony MartinAssociate Editor I heard a terrific story about the famed physicist Albert Einstein a while back. Seems that he was working as an…

MAGNOLIA MINDS: Why NOT me?

MAGNOLIA MINDS: Why NOT me?

November 7, 2022

MAGNOLIA MINDS: A better life requires action on your part

MAGNOLIA MINDS: A better life requires action on your part

October 21, 2022

MAGNOLIA MINDS: Moving from brokenness to wholeness

MAGNOLIA MINDS: Moving from brokenness to wholeness

October 6, 2022

MAGNOLIA MINDS: The Youth Pastor and the Biker

MAGNOLIA MINDS: The Youth Pastor and the Biker

September 22, 2022

Clergy Act advances from House
Ways and Means Committee
DALLAS – On Dec. 10 the House Ways and Means Committee advanced the Clergy Act, H.R. 227, in a bipartisan, unanimous vote. The Clergy Act would provide ministers who opted out of Social Security a one-time window to opt back in. The bipartisan legislation was reintroduced in the U.S. House of Representatives by California Congressmen Vince Fong and Mike Thompson, and has gained the support of several co-sponsors. The legislation is supported by GuideStone Financial Resources of the Southern Baptist Convention and other leaders from a wide variety of large and historic denominational benefit boards. In a news release issued by Rep. Fong’s office, GuideStone President Hance Dilbeck expressed gratitude to Fong for his leadership. The Clergy Act would create a two-year window beginning in 2029 that would allow eligible ministers who have opted out of Social Security to revoke their exemption and begin contributing. Ministers must still meet the standard 10-year contribution requirement to earn full retired-worker benefits, receiving benefits proportional to their contributions.