Quote: (05-09-2016 12:54 PM)The Beast1 Wrote:
This is interesting. Can you share some of your tricks on this 401k scheme?
The tax reporting is the more of a worrisome thing for me. I'm leaning towards just getting a good accountant and paying out that instead of doing it myself.
Here's a simple explanation of how 401K plans work.. (no association and no recommendation, it's just a clear explanation...)[url=http://www.schwab.com/public/schwab/investing/accounts_products/accounts/small_business_retirement/individual_401k_plans[/url]
This sounds like it would acheive your goals if saving for retirement is part of your future.
"I remember reading an article from the NY Times, where women made significantly more money than their husbands - and one wife was like, "I made 7 figures this year and he stayed home, I'm not sucking his dick" - WIA