The Clergy Act H.R.227 - Newsweek
The Clergy Act (H.R.227), if passed, would establish a two-year window for certain members of the clergy and Christian Science practitioners to revoke their exemption from Social Security and Medicare taxes on ministerial earnings. Under current law, individuals who object to participating in public insurance programs on religious or conscientious grounds may apply to the Internal Revenue Service (IRS) for an irrevocable exemption. They will not receive Social Security or Medicare benefits in retirement unless they have qualifying credits from other employment or marriage. Although public knowledge of clergy members being able to opt out of Social Security may be widespread, some Americans may not realize that once they opt out, they can’t legally opt back in. Suzanne Blake, writing for Newsweek, explains what will happen if the bill passes. Read Ms. Blake’s article here…
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