Re: [CANSLIM] Re: Keogh Plans [off topic]

From: "Tom Worley" <stkguru@netside.net>
Subject: Re: [CANSLIM] Re: Keogh Plans [off topic]
Date: Fri, 4 Jan 2002 19:57:54 -0500

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A Keogh is admittedly more difficult to set up, but if I remember correctly,
the contribution limits are higher. I think there may also be a limit on how
many employees can be covered in a SEP-IRA, so the size of the business, as
well as anticipated profits, are both a factor.

Tom Worley
stkguru@netside.net
AIM: TexWorley
- ----- Original Message -----
From: "Warren Keuffel" <wkeuffel@xmission.com>
To: <canslim@lists.xmission.com>
Sent: Friday, January 04, 2002 1:18 PM
Subject: [CANSLIM] Re: Keogh Plans [off topic]


> Tim,
>
> Setting up a Keogh is a pain in the gluteus.  I learned that a SEP-IRA
> gives most of the benefits of the Keogh with few of the drawbacks.  SEP
> stands for Self Employment Plan or something like that.
>
> FWIW.
>
> Warren
>
> Tim Fisher wrote:
>
> > P.P.S. Tom you should be proud of retiring that dino PC - I broke down
> > and bought 256 megs of RAM last night at Costco for $36 (had 64 megs
> > in my homebuilt Athlon 550) and WOW it is like a different computer
> > this morning. No more HD churning for pagefile swapping and the apps
> > start lightning fast. So this is how a decent PC should act!
> >
> > P.P.P.S. I am seriously considering opening a Keough for my brand new
> > S Corp - looks like the most flexibility and I can dump the maximum
> > amount of excess profits in there (something like $24k a year)
> > assuming there are any. I got the distribution from my former
> > employers' 401k transferred directly to my IRA - with luck it will
> > happen before I die. Thanks for the input guys and gals.
> >
> > Tim Fisher
> > Ore-ROCK-On Rockhounding Web Site
> > Pacific Fishery Biologists Information
> > mailto:tim@OreRockOn.com
> > WWW http://OreRockOn.com
> >
> >
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> >
> >
>
>
>
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