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September 20, 2004

401(k) For The Self-Employed

Something to look into in the future.

http://www.insideindianabusiness.com/contributors.asp?id=307

Planning Idea: If your business is just getting started and your compensation is $13,000 or less, you can contribute the entire amount to a solo 401(k). This is an opportunity to shelter your entire income from taxation.

Posted by mikel at September 20, 2004 02:15 PM

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