Question about retirement plans for practice owners!
Currently own a practice where my only employees are myself and my spouse. We have a self-employeed 401k.
Thinking of taking on some employees.
The law typically requires that we - scrap the SE 401k and start a regular small business 401k for everyone ...
but I'm wondering if it is better to start a second corp that would hire the employees and then subcontract their services to the clinic... and create a separate 401k plan for the employees of that corp. That would allow us to keep our SE 401k and maximize our contributions.
Anyone have any insights on this unusual question?
u/ktn699 — 4 days ago