Taylor Johnson, Author at Envoy Financial

How Do You Know if You’re Ready for Retirement?

by Taylor Johnson | Apr 16, 2020 | Participant Resources

If you’re nearing retirement age, you’re probably starting to wonder what you need to do to make sure you’re financially prepared. Is the amount of money you’ve saved over the years enough to sustain you for 20 or 30 years?Here are some steps you should take before...

Understanding the critical differences between Faith-Based and Secular Retirement Plans

by Taylor Johnson | Apr 7, 2020 | Plan Selection

The subject of retirement plans tends to be so overwhelmingly ”secular” that little thought has gone into this subject. Is there even such a thing as a faith-based retirement plan? And if there is, what does it look like and how is it different from a secular...

Why Ministries Should Consider a 403(b) Plan

by Taylor Johnson | Apr 6, 2020 | Plan Selection

403(b) Plans for Christian MinistriesToday 403(b) retirement plans provide significant benefits and advantages for ministries.A 403(b) plan is a retirement plan is typically established for employees of public schools, employees of...

Understanding ERISA Versus Non-ERISA Retirement Plans

by Taylor Johnson | Mar 23, 2020 | Retirement

What are ERISA PlansERISA organizations are subject to the rules put into effect by The Employee Retirement Income Security Act of 1974 (ERISA). This is a federal law that is intended to provide protection to participants in a retirement plan by identifying reporting...

3 Reasons Why You Need an Employee Retirement Plan

by Taylor Johnson | Mar 16, 2020 | Plan Selection

You need a retirement plan for your ministry organization. A retirement plan has many benefits for your organization and for your employees.Here are some facts about retirement:Your employees have to plan for 30 (or more) years of retirement. They may need up to 80%...