Retire-Plan-Rollover.com

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401k Rollover and other Retirement Plan Rollovers

Description

Companies with 100 or fewer employees that offer a retirement plan starting in 2002 or later, (assuming no plan in the last 3 years) receive a tax credit to offset administration and employee educational expense for the first three years of the plan.

Low income plan participants receive a tax credit for plan participation; however, participant must be at least 18 years of age, cannot be a full time student and cannot be a dependent on someone else’s tax return.

C Corporations, S Corporation, Single Employee Corporations, Self Employed, Not For Profit Corporations, Professional Corporations, and the like can establish a Company SIMPLE IRA.

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