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Subject:  Re: 401k spouse question Date:  8/28/2000  2:31 PM
Author:  TMFPixy Number:  24412 of 78166

Greetings, Tresarivers, and welcome. You asked:

<<Does the 401k have the ability to add additional funds for the purpose of saving for retirement for a non-working spouse, like the IRA does?

If not, any suggestions? We are newly in the position of needing to tax-shelter our income, as my husbands salary has increased quite a bit recently.>>

No, there is no spousal contribution for a 401k plan. That exists only for an IRA when one spouse doesn't work. Your only