Posts published in “Magnolia Minds”

MAGNOLIA MINDS: Something went wrong

November 15, 2021

By Matt MartinCorrespondent Many times, those who struggle with life’s most difficult problems find an escape from their situation by turning to drugs or alcohol.…

MAGNOLIA MINDS: Be Resilient

MAGNOLIA MINDS: Be Resilient

October 8, 2021

MAGNOLIA MINDS: Holding Out for Hope

MAGNOLIA MINDS: Holding Out for Hope

September 27, 2021

MAGNOLIA MINDS: Getting back to normal?

MAGNOLIA MINDS: Getting back to normal?

September 7, 2021

MAGNOLIA MINDS: ‘I have my own religion,’ she said.

MAGNOLIA MINDS: ‘I have my own religion,’ she said.

August 5, 2021

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.