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URL:  https://boards.fool.com/i-just-learned-that-the-401k-at-the-company-that-10353492.aspx

Subject:  Re: 401K vs. Keogh ....%? Date:  10/5/1998  2:45 PM
Author:  Meowiz Number:  5849 of 105378

I just learned that the 401K at the company that wants to change my status from 'free-lance contractor' to 'part-time employee' allows a maximum contribution of 15% of gross earnings. The company does not match it at all.

My Keogh acct. that I have maintained as a self-employed independent contractor, allows a total of 25% of net earnings.

Aside from my own having to check what deductions I was able to take as a self-employed person that I would not have as a part-time employee (I can still claim some of them for other freelance jobs I occasionally do), and comparing to my tax forms and my Keogh past contributions......does anyone have any feedback about this? thanks....meowiz


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