My Wife was enrolled in Individual 401K plan for FY 2017. Her contract got over last month and now got a full time offer in which the company is offering 401k.
She has yet to make contributions to the individual 401k Plan.
My question is : If she joins the new employer, can she still take the benefit of employer sponsored 530000 K limit ? I know she can also claim 18000 for FY 2017 in her individual 401K.
Can she decline the 401k offer from her new employer and be eligible for the employer contribution through her own company?
Thanks
Suman
