Planning for retirement may seem daunting, but it’s important to start early. Individual retirement accounts provide tax incentives for people to make investments towards their financial future. IRAs let earnings grow tax deferred. Individuals pay taxes on investment...
Retirement
Can we require a pastor to retire at a certain age?
Question: Can we require a pastor to retire at a certain age? Answer: When it comes to non-pastors, there are many rules about age discrimination. For pastors, the rules are different. Based on legal precedent, the church has been exempt from EEOC discrimination...
Can we have a mandatory retirement age?
Question: Can we have a mandatory retirement age? Answered by the HR Experts: With a few exceptions, no, you can’t have a mandatory retirement age. Forcing an employee age 40 or older to retire at a certain age would likely violate the Age Discrimination in...
