Rollover as Business Startup FAQ – Can my ROBS 401k shares be issued to my spouse?
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ROBS 401k FAQ: Can I have some of the 401k shares issued to my spouse?
My spouse and I are using a ROBS 401K business financing plan to start a realtor business. While we will both invest funds, all of the retirement funds will be from my former employer 401k. Can the shares issued on account of the retirement funds be issued evenly to my spouse and me?
No – all of the shares issued on account of the retirement funds that you invest must be issued to the 401k for your benefit.