I'm pretty new to finances and am learning about cash/defined benefits plans.
Say I am a single 30 year-old attending making 500k/year as a 1099 contractor doing full-time locums.
Would I be able to invest 66k (max limit) to my solo 401k and 70k into my cash balance plan pre-tax and thus easily save 320k/year while spending 60k/year in a medium COL zero state tax state? This sounds too good to be true...
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