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URL:  http://boards.fool.com/if-youre-self-employed-theres-a-way-to-25972224.aspx

Subject:  Re: New law needed for 401k Date:  10/7/2007  6:16 PM
Author:  saydiver Number:  59482 of 75538

If you're self-employed there's a way to contribute more than 25%. It's called a self-employed 401K.

For an unincorporated business, it's $15,500 plus an additional 5K if over 50 as the employee part and then 20% of net business profits for the employer part. Added together it's better than 25%.

Also as the business owner you determine if there is a waiting period or not.
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