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Clarification: Employee Retirement Plans

Perhaps your congregation has received a notice or advertisements along these lines:

Perhaps you then wonder what you can or must do. Wonder no longer!

David Hardin (CV for circuit 4) reports on “the new requirement for small businesses to pay into retirement, for places with five or more employees” that “Covered California tells us that churches are exempt. If you have a preschool and it is under the nonprofit it is also exempt. Any preschool that is not under your nonprofit does have to pay into it.”

Questions? Feel free to take them to a legal advisor or to your circuit visitor.

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