Can an S Corp Have 401k?
Can an S Corp have 401k? The IRS clearly recognizes that an S-corporation can sponsor a Solo 401k (otherwise known as an Individual 401k or self-directed 401k). For an S-corporation with multiple owners, each owner must own greater than 2% of the outstanding stock of the S-corporation (See IRC Section 1372). Read more on www.mysolo401k.net … Read more