Guest KJSpaeth Posted June 6, 2002 Posted June 6, 2002 Has anyone heard of a plan for semiretired teachers that allows them to opt out of paying FICA and pay into this plan instead?
mbozek Posted June 6, 2002 Posted June 6, 2002 Sounds like a Section 861 scam to me ( IRC 861 is the section that has been cited by tax protesters as the basis for exempting wages from employment by a domestic employer from federal income tax) People have gone to club fed on an all expenses paid vacation for promoting these schemes. mjb
Guest Johnny Posted June 11, 2002 Posted June 11, 2002 Could it be a section 3121(B)(7) plan? ~Johnny
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