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Do What You Know

Executive search firms are thriving in this hot job market, particularly if they specialize. We set up a Defined Benefit and a 401(k) plan for a former broker couple who recruit financial advisors for their former firm. Based on W-2 compensation of $275,000 each from their S-corp., this married couple who are in their 60s is able to contribute and deduct $520,000 a year.

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