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Monday, January 03, 2011

A tax free retirement plan for religious employess too?

It seems that the precious establishment of religion has pulled another trick on the rest of us tax payers. Back on 2007 a law was passed to let employees of churches have a special category of retirement plans. Because their work is so much more important than everyone else work.

It seems they are not tax or have FICA withholding at all and none is considered. Plus they may be able to withdrawal the money without a tax or other penalty. Plus they can get it at retirement with out the worry of paying taxes either.

I just saw this Today so I thought I would inform more of my fellow non-exempt Americans

Here are a couple of links to read more.,,id=172431,00.html

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