Skip to content
Creative Real Estate Financing

User Stats

7
Posts
1
Votes
Michael Bickel
  • Investor
  • chesterton, IN
1
Votes |
7
Posts

401k Alternative

Michael Bickel
  • Investor
  • chesterton, IN
Posted May 16 2016, 12:25

I currently have just under $10k in 401k funds available. I've heard of self-directed IRA's being used for real estate, and I'd like to potentially look into utilizing one now or in the future, or some other type of vehicle that allows me to use my funds in a similar fashion. Is there a limit to how much is required to rollover, or can I just rollover whatever I have? Are there other vehicles that are similar or more suitable for the smaller amount? I know there are self-dealing rules and guidelines that need to be adhered to; what are some of the other big considerations that I should be looking into? Do I need to be a certain age to do a rollover from a 401k (still employed by the company who this 401k is held with) to a SD-IRA?

Loading replies...