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Ep 359: Resilience, Determination, Grit: Lessons from a Paralympic Athlete

HerMoney with Jean Chatzky

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Solo 401ks - Are There Any Income Limitations?

Our next question in the mail back today comes to us from Sarah. She writes, Hi Jean I'm considering setting up a solo 401k for retirement. My husband's an attorney and his salary is above the Roth IRA income limits so we can't contribute to one. He says I have to set up a traditional solo 401k but I'm confused if no income limitations applies to married couples. Any advice and information on solo 401ks would be appreciated.

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