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Updated over 4 years ago on . Most recent reply

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7
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Brett Carter
  • Flipper/Landlord
1
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7
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Self Directed 401K transition

Brett Carter
  • Flipper/Landlord
Posted

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?

Most Popular Reply

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17,887
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6,291
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Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
6,291
Votes |
17,887
Posts
Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
Replied

@Brett Carter

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. 

  • Dmitriy Fomichenko
  • (949) 228-9393
  • Loading replies...