#413 Open Forum | Your Questions Our Answers
Main Street Business
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Do You Have a Solo Cane?
The IRS has not issued any guidance on how long you can have a frozen plan for. Ben Jamman said this is the first year I own a business with 100%. I own 100% with employees. The rule is once you have a full time employee that has an anniversary date of being with you a full year in that year they because they have their anniversary date, your solo is done. Consider what you might do in terms of the safe harbor group 401k.
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