Compensation and Benefit Services exists to serve lay leaders and church employees by providing guidance in a variety of financial matters.

Churches face critical decisions regarding financial matters that must be made in compliance with applicable laws and in accordance to biblical mandates. We provide consultation in matters related to retirement planning, insurance protection, tax considerations, and structure and administration of compensation for pastors and staff. We work closely with GuideStone Financial Resources of the Southern Baptist Convention to offer wise counsel that is undergirded and empowered by spiritual insight.

Attention: 2024 Compensation Survey

Beginning in January 2024, Lifeway and GuideStone Financial Resources will begin soliciting church staff compensation. Please check back shortly for more information.

IRS issues standard mileage rates for 2024

The IRS published 1R-2023-239, that increases the optional standard mileage rates effective January 1, 2024, the standard mileage rate for business/ministry related travel will increase by one and one half cents (.015) per mile, to 67 cents per mile.

Also, the medical mileage rate was reduced to 21.0 cents per mile, as will the moving mileage rate available to members of the Armed Forces of the United States on active duty who move pursuant to a military order. However, the charitable mileage rate of 14.0 cents per mile did not change, as it is set by statute.

These rates apply to electric and hybrid-electric automobiles, as well as gasoline and diesel-powered vehicles.

Below is a table reflecting the 2024 mileage rates:

2024 Mileage Rates

January 1 – December 31, 2024
Business67.0 cents per mile
Medical21.0 cents per mile
Moving (available to members
of the Armed Forces of the United
States on active duty who move
pursuant to a military order)
21.0 cents per mile
Charitable14.0 cents per mile

Ready – Set – Choose

4 Steps For Finding The Right Medical Coverage For Your Staff