Harvard Law Attorney George Blower leads an in-depth discussion of the rules regarding adding/including your spouse to your self-directed Solo 401k plan. 2:06 Top Considerations 9:15 Contributions 10:29 One Plan but Multiple Accounts 13:02 Solo 401k Loan 14:37 Alternative Investments 19:28 Eligibility for a Spouse to Participate 26:00 One EIN, Signing Authority & Beneficiary Forms 28:50 Adding A Spouse to Plan Later LEARN MORE: The solo 401k plan, commonly referred to as self-directed Solo 41k is the retirement plan of choice for self-employed individuals or owner-only businesses including for the features highlighted below: -The highest contribution limits for any defined contribution plan including up to $57,000 (or even $63,500 if you are 50 or older) for 2020 (for 2021: $58k or $64.5 if you are 50 or older). -The ability to make pre-tax, Roth, and even Mega Backdoor Roth contributions. -401k participant loans of up to $50,000 -Invest with checkbook control in real estate, cryptocurrencies, notes, private placements, and other types of alternative investments. Open an Account: Learn More: Subscribe to our channel for weekly educational webinars: For over 10 years, My Solo 401k Financial is the leading self-directed solo 401k provider having helped over 8,000 clients take control over their retirement funds by focusing on superior knowledge, expertise, and customer service with over 100+ 5-star verified customer reviews on the Better Business Bureau (BBB)....(read more)
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