I make $500k/yr and my wife makes $40k/yr. We share finances but she likes having her own money. Because of this she only puts some money into her jobs 401k but falls very short of the full $23k. Would it make sense to have my wife put as much as she can into it and then give her the cash myself so she still has her own money?

Edit: thanks everyone for the replies. We changed her contributions so we can max out her 401k. It’s through Vanguard and she has access to target date funds. We’re 34/32 yrs old so I set a 70/30 split of vanguard total us stock trust and international