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1. Decide whether to take the FICA Bonus 

 

Details: Reliant offers a bonus to offset the additional obligation of tax previously paid by the employer for Social Security. The amount of that tax obligation is 7.65%, and Reliant will add in 8.25% to cover the tax on the bonus. This bonus will increase your monthly salary and will be included in your monthly paycheck.

 

2. Notify Missionary Resources if you want the bonus


Details: Once Reliant receives notification that you would like the bonus, you will receive a new salary offer. 

  • Ministers who communicate their decision to Reliant to remain in the social security system within 3 months of communicating their ordination/commissioning to Reliant will be eligible for the 7.65% FICA Bonus retroactively to the time period they began receiving Reliant wages as a minister. 

  • Ministers who communicate this decision to Reliant anytime after 3 months will be eligible for the 7.65% FICA bonus beginning with the next available pay date. (You will only be eligible for up to 3 months of retroactive FICA bonus and must request that in your email.) 

Whom to email: hr@reliant.org

 

3. Submit a new Support Goal


Details: Make sure to wait to submit a new Support Goal until you have received confirmation that your bonus request has been processed.

Submitting a new Support Goal accepts and activates the bonus.

Resources: Support Goal on Staffnet

 

4. Look at your options for paying your tax to the IRS


Details: Remember, you must begin to pay your own Social Security tax (now called SECA since you are considered self-employed) from the point in time that you are paid Reliant wages as a minister.

Resources: Chapter 7 in Zondervan Minister's Tax and Financial Guide


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