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Updated over 6 years ago,

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2
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1
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Juan Wulff
1
Votes |
2
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Solo 401k setup... do I need 2 LLC's?

Juan Wulff
Posted

Hi! My wife and I are starting a business in Real Estate. We are setting up a Solo-401k with an LLC for investment-protection and checkbook control. My wife has a 401k account from her previous job, we are in the period to make a decision. We have been asking some questions with no clear answer. Maybe anyone from the group can help. 1) Should we set up one Solo-401k account and one LLC for each one of us? Or one Solo-401k account with two LLC's? Or two Solo-401k account with one LLC?... The other question 2) What to do with her old 401k based on the previous question?

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