QUESTION: Thanks for confirming that I can setup the ROBS Plan brokerage account at Fidelity. I now have the following question: So if I have another employee participating in the ROBS 401k plan, do they invest in those products available from fidelity or the investment the 401k made in newco?
ANSWER: You and all other employees participating in the ROBS 401k Plan will have option to invest in stocks and mutual funds through the Fidelity brokerage account. In addition, they will gain option to invest in stock shares of the corporation should the company decide to issue additional shares at a later time.
Thank you very much,
Robert T. in California