Self-employed 401(k) calculator - individual 401(k) contributions

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Self-employed individuals and businesses employing only the owner, partners and spouses have several options for tax-advantaged savings: an individual 401(k) plan, a SEP IRA, a SIMPLE IRA or a profit-sharing plan. Each option has distinct features and amounts that can be contributed to the plan each year. Use the self-employed 401(k) calculator to estimate the potential contribution that can be made to an individual 401(k) compared to profit-sharing, SIMPLE or SEP plans for 2008.