Entrepreneurs can reduce up to $69,000 from their taxable income – all while saving for retirement.
That’s over 10x the limit of a traditional IRA.
And there’s also a Roth option for self-employed people who’d prefer to diversify their investments and pay taxes now instead of when withdrawing in retirement.
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ShareBuilder 401k does not offer tax or legal advice. Consult with your tax or legal advisor before engaging in specific strategies.
