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What is a Social Security Offset & How Does It Work?

What is a Social Security Offset & How Does It Work?

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As you probably know if you read this blog (or can find out here), pastors have to pay both the employee and employer portions of Social Security and Medicare taxes as if they were self-employed. Those Social Security and Medicare taxes are also called SECA taxes, which is a lot faster to type so that’s what I’m going to call them from here on out.  What Is A SECA Offset? Some churches feel kind of bad that their pastors have to pay ...

I Just Passed The CERTIFIED FINANCIAL PLANNER™ Exam & Why I Did It

I Just Passed The CERTIFIED FINANCIAL PLANNER™ Exam & Why I Did It

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About seven years ago, I decided I wanted to be able to help people with money. I had begun listening to Dave Ramsey to stave off the boredom of spending 12 hours a day alone with an infant and it was life-changing. I didn’t know much about money because my parents didn’t know much. All I knew was to work hard and save because eventually you always need money.  I also knew that finances have a profound impact on your life ...