hi
What are the keogh/pension plans which Active Traders can setup?
https://smartasset.com/retirement/what-is-a-keogh-plan
"If you have a profit-sharing plan, you can contribute however much you choose, not including contributions for yourself."
like the above statement
if you make profits of say 25k in a year -- can you contribute the entire profit to the Pension plan and show 0 profit?
other useful reading here too
https://www.bizfilings.com/toolkit/...e-retirement-plan-choice-for-the-selfemployed
What are the keogh/pension plans which Active Traders can setup?
https://smartasset.com/retirement/what-is-a-keogh-plan
"If you have a profit-sharing plan, you can contribute however much you choose, not including contributions for yourself."
like the above statement
if you make profits of say 25k in a year -- can you contribute the entire profit to the Pension plan and show 0 profit?
other useful reading here too
https://www.bizfilings.com/toolkit/...e-retirement-plan-choice-for-the-selfemployed