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Author: frentz Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75528  
Subject: What do I do? Date: 4/4/1999 12:13 AM
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I recently accepted an early retirement package from Uncle Sam and am now employed by a small company that does not offer a retirement program. I received $25,000 from Uncle Sam to help compensate for the reduced retirement annuity I am receiving. I can contribute $2,000 to a regular IRA but how can I protect a larger portion of $25,000 from income taxes?
Do I need to convince my new employer to open a SEP or SIMPLE IRA??

Thanks ahead.
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