20K worth it for Self Directed IRA?

[Bernard Chouinard]

I have a little over $20K in a old 401K. I was going to role it into a SD IRA but after talking to one adviser that works with SD IRA's she's telling me not to do it as its not much $$.

I would like to this case towards REI. Should I just withdraw and take the tax hit and use as cash?

What are your thoughts?

[Steve Vaughan]

Originally posted by @Rhonda Wilson:

It all depends on what you want to do. You can also put in a Indexed universal life policy which will allow you to gain interest while decide what you want to do and then later you can borrow against the cash value while it still accrues interest.

 This is one of the worst ideas I have ever heard.

Take tax-advantaged, tax-deferred IRA or 401k money and put it inside another tax-deferred account that has high fees, pays the salesperson high commissions, limits your investment options and has high surrender charges.