Quote:
Originally posted by ltl/fb
You said "can put away amounts in the six figures a year, tax-free" which is a hell lot, if you are not including any defined contribution contributions, and are talking about someone in a partnership.
It's flat-out true for executives, though there's always the threat of bankruptcy hanging over their heads.
ETA I was also reading this earlier today, and I worry that you all will get sucked into wacko schemes. If it's too good to be true, it probably isn't, etc. etc.
http://www.irs.gov/pub/irs-tege/se_020705.pdf
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Again, nothing like this.
I'm done with this discussion. If the group of very cautious lawyers who decide on our retirement plans turn out to be wrong, and the group of very cautious lawyers who advise them as well, I'll let you know.
