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how is your solo401k bank account setup for purchases
When setting up our Solo401k, I read I needed to keep all monies separate, My rollovers, My wife's Rollovers, My contributions, etc.
So I currently have two accounts, My rollovers ($92,xxx) and my wife's rollovers ($2,7xxx).
My question is, do I now need a third account for doing the actual purchases?
I won an auction.com house, so I am going to be using the Solo401k to purchase it.