Opt Out of Social Security Question

by LISA RAYE
(hampton, va)

If a minister chooses to Opt Out of Social Security with IRS using Form 4361, does this mean he will not receive SS at retirement age?

Comments for Opt Out of Social Security Question

Click here to add your own comments

Jul 26, 2012
 Opt Out
by: Anonymous in NC

That's right. He/she will plan their own retirement--not many vocations are given that option.
Feb 02, 2013
 What if the pastor has paid social security taxes from other jobs
by: Anonymous

Does he lose those benefits if form 4361 is approved?

Click here to add your own comments

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



Need training on how to use QBO or Aplos effectively for a church or better yet ...need an expert in either of those accounting software to do your monthly bookkeeping and/or payroll? See more on our accounting services!

Contact Me!