Hello,
Forgive my ignorance. I have been reading several online articles and I am somewhat confused on how to begin. I currently have a PLLC with S-Corp status in Texas with a Fidelity solo-401K that I contribute to. At the beginning of this year, I added my wife to my PLLC as an employee. There are no other employees. Is it even possible to have my wife contribute to my solo-401k through a separate account within the PLLC 401 plan? Or would it be recommended to start a separate solo-401k for her?
Thanks in advance for the advice.
Forgive my ignorance. I have been reading several online articles and I am somewhat confused on how to begin. I currently have a PLLC with S-Corp status in Texas with a Fidelity solo-401K that I contribute to. At the beginning of this year, I added my wife to my PLLC as an employee. There are no other employees. Is it even possible to have my wife contribute to my solo-401k through a separate account within the PLLC 401 plan? Or would it be recommended to start a separate solo-401k for her?
Thanks in advance for the advice.
Statistics: Posted by HamletTX79 — Mon Mar 11, 2024 10:10 pm — Replies 0 — Views 126
