Lmoore
Level 1
11-15-2019
02:39 PM
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A Client starts a "C" corporation, then starts a 401k plan then rolls over his 401k plan into the "C" corporation 401K plan and then issue stock to the 401K. the C corporation then invests in a partnership. the only income in the corporation in income earned as a partner in the partnership. Can the owner of the 401k take a salary from the corporation? I thought salary was prohibited in a ROBS?