Congress made it easy for the self-employed and small business owners to save for retirement with the Simplified Employee Pension (SEP—pronounced “sep”) plan. A SEP allows an individual to put up to $40,000 a year, tax deductible, into his or her retirement account.
When an economy is going through a shakeout like ours has these past [...]
October 27, 2003 | Posted in
Entrepreneurs |
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by Wendell Cayton
He sits in his study, surrounded by the trappings of wealth acquired by a lifetime of hard work, musing about his successes; successes that have allowed him to build a very lucrative business, raise and educate his children, and now offer him time to enjoy his grandchildren.
A Generation Skipping Trust (GST) provides a [...]
October 6, 2003 | Posted in
Estate Planning |
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