ROBS 401K Business Financing Question Answered: Does my spouse need to work in my ROBS Business?
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ROBS 401k FAQ: Does my spouse need to work in the business?
QUESTION:
I am using the ROBS 401k plan to fund a commercial cleaning franchise. We will only use my retirement funds. Does my spouse need to work in the business?
RESPONSE:
If only your retirement funds will be used, your spouse does not need to work in the business.