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Money and Finances
Reply to "I can contribute about $50K into my 401K"
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[quote=Anonymous][quote=Anonymous]no you can't. you should consult a financial planner.[/quote] Yes you can if you own your own firm. You contribute $17.5k the company, which is yours, contributes the balance. I run a business that generates as close to the necessary figure I do exactly this. I put in $17.5, my day job puts in $13 and change and my part time business handles the balance every year. [/quote]
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