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URL:  http://boards.fool.com/investing-ira-in-private-business-30716974.aspx

Subject:  Investing IRA in private business Date:  6/3/2013  5:25 PM
Author:  Umm Number:  118656 of 123001

Hello,
I have a couple of questions regarding investing a 401k or IRA into a private business. From what I understand, 401k or IRA funds can be invested in a private company under certain conditions. One condition is that the 401k/IRA owner is not the majority owner of the business. Does a spouse's IRA count towards majority ownership?

For example, consider the following ownership structure of a company:
I own 20% of the company through my IRA.
I own an additional 20% through a non-IRA investment.
My wife