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419 Plans -- are they legitimate?


Guest Don J. Smith

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Guest Don J. Smith

I ran into a company that has a 419 Plan that is making large deductible contributions that only benefits a few selct employees of their company. Through some of the research I've done I have uncovered "warnings". As a salesman of employee benefits I would like to be able to offer prospects this benefit if it is legitimate. My question is who can I hook up with that is reputable to offer these benefits? Has anyone offering these plans ever had any favorable rulings? Who? I'd like to work with the best here.

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