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Author: jamiegumm One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75664  
Subject: Individual 401(k) Date: 8/8/2009 9:52 PM
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Curious, are the new ind. k's, such as from Vanguard, for Sch. C filers considered "qualified plans" insofar as 1040, line 28 is concerned? I understand one would have to file for an EIN to take advantage of this, as per the inst. on the back of Sch. C. Is that process simple enough?

What might be the cheapest option for someone with a very small amount of SE income, but who may have an interest? Or too prohibitive? And how might these contributions work exactly if your income remains sporadic throughout the year? I mean perhaps a simple example would help. What are the interstices of funneling funds into this vehicle.

Say you were a direct seller of newspapers, and want to claim that income, you would probably just use C-EZ right?
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