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re: How can I reduce my taxable income?

Posted on 4/16/12 at 8:02 pm to
Posted by VABuckeye
Naples, FL
Member since Dec 2007
36024 posts
Posted on 4/16/12 at 8:02 pm to
quote:

So if I do a sep or simple, can I choose not to do any matching?


You own the company. It's your decision. I choose not to match 401k money currently. My company is doing well but I don't want to put the extra stress on myself just yet.

Plus, I'm already contributing the maximum allowable for my wife and me at this time.
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