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Situation: Key people are in their forties with many employees of all ages (25 to 60). Assume example of age 47 owner with 20 employees. Solution: Contribute $40,000 and 5% of pay for all other employees. Plan Type: New Comparability Profit Sharing |
Design Strategies
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Information is provided for review and consideration only. Please consult legal and tax advisors for practical advice pertaining to your business and personal situations. This page was last updated on Wednesday, January 02, 2008 11:23 AM |
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