Understanding Housing Allowance

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The Guardian Financial Group team helps to break down what Housing Allowance is, an explanation of the benefits, and more.

Investment Advisory services are offered through Simplicity Wealth. Guardian Financial Group utilizes Guardian Wealth Management for investment advisory services through Simplicity Wealth. Insurance services are provided by Guardian Financial Group.  Simplicity Wealth, Guardian Wealth Management, and Guardian Financial Group are all affiliates of Simplicity Group, the parent company.  This video is designed to provide general information on the subjects covered.  Pursuant to IRS Circular 230, it is not intended to provide specific legal or tax advice and cannot be used to avoid penalties or to promote, market, or recommend any tax plan or arrangement.  You are encouraged to consult your personal tax advisor or attorney. SWG 3476787-0324
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In your scenario with Ted and Tammy, if the latter were an ordained minister, would she still be able to collect a housing allowance in retirement? My guess is yes, but could you please confirm?

ErniePeacock