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Solo 401k in Wall Street Journal Again

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Solo 401k was thrust in the spotlight again last week because of its powerful ability to reduce your self-employment income through large tax-deductible contributions. Unfortunately, the writer of that WSJ article is mildly financially retarded.

Take a look for yourself. Read the article to hear about the powerful tax benefits (albeit presented in a fantasy situation), and then read the comments to have some real people bring the concept back to reality.

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