Updated over 4 years ago on . Most recent reply
Self Directed 401K transition
I've recently become aware off the self directed 401k. I have a 401k from a previous job which I can no longer contribute to. Having these funds, or a portion of them available to use for real estate investment appears attractive to me.
Being 100% vested, can I roll my 401k into a self directed 401k?
Does anyone have experience with setting these up?
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Dmitriy Fomichenko
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Tax & Financial Services
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Dmitriy Fomichenko
#1 New Member Introductions Contributor
Tax & Financial Services
Pro Member
#1 New Member Introductions Contributor
- Solo 401k Expert
- Anaheim Hills, CA
Not only you can rollover your previous employer 401k and control how these funds are invested, you can also shelter up to $58,000 of income from your flipping business by contributing your earnings to this plan.