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Many self-employed and sole proprietors are unaware they can take advantage of an Individual 401(k) plan (aka. a Solo 401(k)) and the substantial tax-deferred benefits these plans offer.  The Solo 401(k) is pretty easy and inexpensive to start and delivers saving advantages that help improve an individual’s bottom line too.  Solo 401(k) plans are an option for any owner-only business.  Multiple owners and spouses can also be included in a Solo 401(k), but if the business...
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