NFPC HomeEmail NFPCDriving Directions



Programs Overview
Program Facilitators
NFPC Program Registration Form
NFPC Program Time Line
NFPC Program Room and
AV Set-Up Diagram


"Priests are, first of all, human beings whose very humanity ought to be a bridge for communicating Jesus Christ to the world today. Their humanity reflects a complex make-up, the different dimensions of what it means to be human. Each dimension needs recognition and attention."
—National Conference of Catholic Bishops
The Basic Plan for the Ongoing Formation of Priests
"Ongoing formation involves relatively new content and especially methods; it develops as a harmonious and vital process which – rooted in the formation received in the seminary – calls for adaptations, updating and modifications, but without sharps breaks in continuity."
—John Paul II
Pastores dabo Vobis


NFPC Tax/Retirement Program


The NFPC Tax/Retirement Workshop is a popular program and has been presented to hundreds of priests in over 30 dioceses around the country. It is led by Wayne Lenell, CPA, PhD. and Mr. Robert Mesch, CFP.

Key aspects of the program include:
  • The differences between taxes for priests and lay people
  • What constitutes income for priests
  • Key tax deductions common to priests
  • The benefits of stocks and bonds as investments
  • The importance of investment diversification
  • How to develop an investment strategy through retirement planning
  • The importance of personal savings plans

TAXES
The Tax portion of the program is designed to help priests meet the unique obligations priests have when reporting their income to the IRS under current Federal tax laws. Participants learn about how the IRS views "stole fees," how to report this kind of income, what can be included as business expenses and how to report them. Tips are provided to determine the value of rectory living and suggestions are offered to maximize contributions to tax sheltered annuity programs such as a 403(b) program. The program includes a complimentary copy of the most current edition of Income Taxes for Priests Only by Wayne Lenell.

RETIREMENT PLANNING
The Retirement portion of the program offers the basics of how to build an individual investment management program. Participants learn how to identify their investment needs as income, growth or liquidity and discuss why it is important to determine risk/return preference. The program covers investing in stocks, bonds or other assets as well as retirement funds such as 403(b) plans, IRAs and mutual funds.



FOR MORE INFORMATION CONTACT:
National Federation of Priests' Councils
333 N. Michigan Ave.
Suite 1205
Chicago, IL 60601-4002
Attn: Vic Doucette
312-442-9700 (x206)
312-442-9709 (fax)
doucette@nfpc.org
http://nfpc.org/

Click for detailed information
Click for detailed information
Click for detailed information
 Click for detailed information Click for detailed information Click for detailed information Click for detailed information Click for detailed information