QUESTION:
I have a quick question. I have set up Solo 401K account I plan to make new investment in SPV feeder fund. Do you know if SPV Feeder Fund investment allowed under the Solo 401k?
ANSWER:
- You are not an officer, director or employee of the fund directly or indirectly.
- Also, your spouse, children, parents, etc. are not employees, officers, directors of the fund directly or indirectly.
- None of the above including your solo 401k own 50% or more of the fund directly or indirectly.
- The investment is titled in the name of the solo 401k, using the solo 401k EIN for reporting purposes.