Becoming a 401 k eligible investment
Hey folks,
I have an investment group and have a lot of investors with self directed 401ks asking to use it to invest with us.
The easiest thing to do would be to have them take out a 401 k loan and have them pay the 10% penalty (albiet back to themselves). That is not ideal.
Rather, I want to set things up so we are a "legitimate" 401 k investment. I can't seem to find any good web sites on this.
The individuals in question have self directed 401ks. What hoops do I have to jump through?