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jkafieh
New Member

I run a small business with no employees, LLC, and I'm wondering if it's worth setting up myself as an employee and pay the payroll taxes so I can get the benefit of the

I Run a small business, LLC, is it's worth setting me up as an employee with salary and paying the payroll taxes so that I can get the 401(k) individual deduction?
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1 Reply
RichardK
New Member

I run a small business with no employees, LLC, and I'm wondering if it's worth setting up myself as an employee and pay the payroll taxes so I can get the benefit of the

Probably not, because you can receive comparable retirement benefits being a sole proprietor as you would as an employee, click here for more information.

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