Exiled in a kilt
Update on the grand plan
by , 02-03-2009 at 06:45 PM (1173 Views)
Ok, so some of you were probably reading the grand plan entry thinking "yeah, nice idea kilt, but how?"
This is the how.
The main benefit to my job currently is the profit sharing plan. I can take money out of it tax free for certain reasons (such as opening your own business), and I get a decent return from it. I was speaking to my boss today about my grand plan & how much he thought I could get from the profit sharing in the 10 years till the plan takes effect. I was thinking maybe enough for a decent deposit, but he said I could be looking at about 1/2 of start up costs I am stoked, things are looking up.
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