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IRS Announces Annual Solo 401(k) Plan Contribution Limits To Increase for 2015 Taxable Year

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Self-employed individuals and business owners can defer up to $53,000 and $59,000 if over 50 years old in 2015 Starting on January 1, 2015, the Internal Revenue Service (“IRS”) announced that self-employed individuals and small business owners that have adopted a solo 401K plan for the 2015 taxable year will be able to make tax-deferral […]

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