Rendering Unto Caesar

Various Documents of Interest

Presbyters Council Letter on the New Pension Plan - 1973

KPMG Executive Summary - July 2000

Letter to Clergy & Parishes - December 2000

Tax Issues for Clergy - Grant Thornton, July 2002

Pittsburgh Metropolis Parish Leaders - 2/8/14

Tax & Benefits Workshop - Holy Cross 1/31/15

Budget and Finance Presentation - Holy Cross 1/30/15

Clergy-Laity Congress 2016 Presentation

Social Security Calculation Below Maximum - 2017

Social Security Calculation Over Maximum - 2017

Clergy Compensation Plan GOA - 2016

Clergy Compensation Plan GOA - 2017


Facing the Future - 2016

Orthodox Health Plan Renewal Letter - April 2011

Regulations of the Greek Orthodox Archdiocese - 2014

Archdiocese IRS 501(c)(3) Letter 1978

Archdiocese IRS 501 (c)(3) Letter 2007

Greek Orthodox Archdiocese Yearbook

Sample Tax Return - Fr. John Poulos (Fictional Priest)

Informational Worksheet - 2011

W-2 For 2011

Federal Tax Return - 2011

Federal Tax Return with Worksheets - 2011

Sample Housing Allowance Resolution

Sites of Interest

IRS Publication 517 - Social Security & Other Information for Members of the Clergy - 2015

IRS Publication 1828 - Tax Guide for Churches and Religious Organizations - 2015

IRS Publication 590 - IRAs - 2016

IRS Minister Audit Technique Guide

IRS Mileage Rates for 2017


Church & Clergy Tax Guide 2017


John Hancock GOA Pension Plan Website

The Orthodox Health Plan

Orthodox Health Plan Medical Benefits

Orthodox Health Plan Dental Benefits

Generic Drugs at Retail Stores

Aetna WorldTraveler

Aetna Teladoc


Ecumenical Patriarchate of Constantinople

Greek Orthodox Archdiocese of America

Archdiocese Sacramental Statistics

Archdiocese Benefits Committee

Archdiocese Presbyters Council

National Sisterhood of Presvyteres

Retired Clergy Association

Various Items of Interest...


Projected Living Costs

If someone needed $50,000 a year to live on in 2007, and if one assumes an inflation rate of 4% (the average inflation rate for the prior 25 years was 4.27%), they would need the following in the years below:

2012 – $60,833

2017 – $74,012

2022 – $90,047

2027 – $109,556


Interesting Facts from 1968

Average cost of a new home – $14,975

Average Income – $7,844

Average cost of a new car – $2,822

Gallon of milk – $1.21

Gallon of gasoline – $0.34

Loaf of bread – $0.22


Life Expectancy (from 2010 IRS Pub. 590)

Present age  /    Projected Life Expectancy


         60              85

         65              86

         70              87

         75              88

         80              90



Traditional IRA – amount of contribution is pre-tax. All withdrawals are taxed.

Roth IRA – amount of contribution is after-tax. Earnings are not taxed when withdrawn.

The limit for 2017 contributions for IRAs is $5,500.

For those 50 and older the limit is $6,500 (often referred to as ‘catch-up contribution’).



A 403b is the 401k equivalent in the non-profit sector.

Most financial service companies are able to set one up.

Contributions to a 403b cannot be made directly by the clergyman. The contribution is deducted from his salary and sent by the parish directly to the company in his name.

The limit for 2017 contributions for a 403b is $18,000.

For those 50 and older the limit is $24,000 (often referred to as ‘catch-up contribution’)  



Family Concerns and Other Issues

Lord's Prayer and The Creed

Keeping Marriage Alive

When a Priest Falls Asleep - Guidelines

The Date for Easter

Orthodox Daily Readings for iPhone, iPad, iPod Touch




Umbrella Liability Insurance

Umbrella liability insurance is extra liability insurance that you purchase in addition to your regular insurance policies. As its name implies, umbrella insurance sits "on top of" your other insurance policies like an umbrella, to provide added financial protection in the event that other policies cannot cover the loss.

For example, let's say that you rear-end a luxury vehicle, and it turns out that you must pay far more than your insurance coverage allows. If you don't have an umbrella insurance policy, you'll need to figure out where to get that money. But if you do have umbrella insurance, then that policy would kick in and you would likely pay nothing out of pocket.

It used to be that only the very wealthy needed umbrella insurance. But anyone can be sued for any reason at any time, and umbrella insurance provides added protection against losses. If someone falls on your front steps or your tree falls on a neighbor's house during a storm, they can successfully sue you for damages. Anything that happens on your property or because of your property is your responsibility and may not always be covered by traditional homeowners' insurance. Umbrella policies provide protection in many situations that usual liability policies don't cover.

Coverage limits usually start at $1,000,000. However, premiums for Umbrella liability insurance are very inexpensive. Everyone should consult with their insurance agent about adding this valuable coverage.

                      Umbrella Coverage Info








© 2017 by Fr. Michael T. Kontogiorgis