I formed my business before getting married. I am setup as an LLC taxed as an S corp. I own 100% of the business.
Most of my retirement is in my solo401k which is setup under my business and has annual employer contributions.
I also have a Roth IRA.
My question is... if my wife and I were to get divorced, would she get half of my roth ira only? I've heard that because the business was formed before we were married, she shouldn't have access to the solo401k. We are in Texas.
I appreciate the replies.
Most of my retirement is in my solo401k which is setup under my business and has annual employer contributions.
I also have a Roth IRA.
My question is... if my wife and I were to get divorced, would she get half of my roth ira only? I've heard that because the business was formed before we were married, she shouldn't have access to the solo401k. We are in Texas.
I appreciate the replies.