Opt Out of Social Security Question

(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

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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?

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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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