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401ks don't do that, nor do they stop 2 other tax dodges: -- instead of pay, take out a loan from the company with stock as collateral. -- pay for personal ex
by readthenotes1 9mo ago
401ks don't do that, nor do they stop 2 other tax dodges:
-- instead of pay, take out a loan from the company with stock as collateral.
-- pay for personal expenses for the family on company credit card.
Both loans get paid at death and/or sale of company