Anonymous
Not applicable

Business & farm

another wrinkle is that a retirement a/c owning an interest in a profit-making business may have to file 990-T to pay tax on unrelated business income.  another issue, how do you get the money out if you need it. under

59-1/2, there's a penalty.   company goes belly up - no deduction - you suffer the loss thru a reduced value of the profit-sharing a/c.     see a pro