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Showing content with the highest reputation on 08/07/2014 in all forums
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Profit-Sharing contribution followed by withdrawal
masteff and one other reacted to david rigby for a topic
It isn't the deduction that is relevant, since $$ coming out of the plan will come back into his income. It's the permanent exemption from FICA tax. (But hey, I'm not giving tax advice.)2 points
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