All Collections
Solo 401k Setup
Bank Accounts
How can my spouse keep her funds separate in our Solo 401k?
How can my spouse keep her funds separate in our Solo 401k?
Jeff Nabers avatar
Written by Jeff Nabers
Updated over a week ago

You and your spouse are seen as one taxpayer by the IRS and even if multiple plans were setup, the IRS would require they all be treated as one plan.

It is possible to keep two separate bank accounts, if your spouse chooses to keep her funds separate. Remember your Solo 401k is not the bank account. Your Solo 401k is a plan and a trust and the bank accounts are just the places where you manage the assets of the plan.

Did this answer your question?