<HTML>Hello all, At the convention I saw a class on how to save money on your taxes. I learned some very sound tips on how to keep more of my money. However, some features of this class were similar to other classes I've seen by accountants. Most of these classes all brag about saving money on taxes, and almost all do it the same way. By changing your business to a "S " corporation and paying yourself a small salary and taking the rest of your income in royalties or corporate dividends. This enables you to pay less in social security taxes. This savings usually represents 2/3 of the savings they brag about. When I ask questions whether it's prudent to reduce your SS taxes thus reducing your retirement and/or disability payments they usually say how you can do better taking the money and investing in an IRA. I don't disagree with the premise of this statement, but how many of us will take this money and save it. I'm concerned about self employed techs following this advice and having problems down the road. I'm aware that you only need 40 quarters of high income to establish good benefits with SS, but at what point does the average tech start this process, later in life when their kids are in college? I realize that SS isn't nearly enough to cover retirement, but the way most people save nowadays, is it prudent to underfund our retirement. What are your thoughts on this subject? Bob Russell RPT</HTML>