already have full time job want to opt out of ssi for new part time pastor job

i currently am employed full time for a company with an excellent retirement plan and i pay into ssi. i have recently become a part time pastor in a major denomination. when i retire in 8 yrs. from current job at ag 61 i am hoping to switch to full time pastor and retire from that at age 72. can i opt out of ssi for the pastoring job?

Comments for already have full time job want to opt out of ssi for new part time pastor job

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Jul 05, 2015
Opting out
by: Pstr. R Rizzi, Farmington, NH

Reasons for opting out of SSI must be because you have a religious objection to the government taking SSI money from your pastoral salary and collecting on it.
I opted out and put money into my roth IRA.

Please consult a good CPA on the issue but if you choose to opt out, do it quickly because there is a time limit that you are in your position to do so. <><

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Join in and write your own page! It's easy to do. How? Simply click here to return to IRS Form 4361.

If you want to DIY your payroll, I highly recommend you look at using Gusto! It is very user friendly and their support is awesome! Plus they know how to set up and maintain payrolls for churches and nonprofit organizations.

Note: I am a "partner" of Gusto, but as I have told you before ... I never recommend anything that we or our clients have not tried and love =)

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