by Rebecca Frost
My husband is the pastor of a small congregation. Can they put money away for his retirement without him having to pay self employment tax on it- What kind of fund would this be and where could it be set up?
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1Comments
Qualified Retirement Plans
VVickey
Churches have available all the qualified retirement plan options that are available to any for-profit.
They have to be set up properly, so my best advice is to obtain the services and advice of a qualified tax professional.
They have to be set up properly, so my best advice is to obtain the services and advice of a qualified tax professional.