OT: Sidebar to Employee/Contractor discussion: Retirement Plans

Subject: OT: Sidebar to Employee/Contractor discussion: Retirement Plans
From: Mark Dempsey <dempseys3 -at- yahoo -dot- com>
To: TECHWRL <techwr-l -at- lists -dot- raycomm -dot- com>
Date: Fri, 30 Jun 2000 13:38:24 -0700 (PDT)

My understanding is that once you leave a company with
a 401k to become a contractor (no 401K), you cannot
contribute to your IRA for the portion of the year's
earnings you get without contributing to the (401K)
retirement plan at your previous job.

Anyone know whether I'm right, or just making this up?

TIA,

=====
--
-- Regards,
-- Mark Dempsey

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