My boss is not financially savvy and trusts a lot in my suggestions, but I’m unfamiliar with his personal case.
What would you recommend to someone with an AGI higher than $240k and whose wife doesn’t work? He has 401K
They are creating an LLC where both will be the only members and will be filing as an S Corp.
He wants to open a retirement account for her.
What would be the best retirement account options as individuals or through the LLC?