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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Horgad who wrote (155207)3/25/2020 9:30:36 AM
From: sense1 Recommendation

Recommended By
Horgad

  Respond to of 220205
 
Not exactly in my wheel house... but...

I think it would depend on the willingness of the Trustee or plan administrator of the 401K... your employer... and compliance with the government rules otherwise... assuming that the plan you have even has a "self directed" option ? But, if you are self employed... you can do pretty much whatever with few real limits.

Does suggest... you'd need a lawyer to be sure... that you could establish your own C corp... just to serve as the repository for your 401(k)... pay yourself a salary for managing the company... all of which compensation flows into the 401(k) ? Then, you might transfer assets from a plan with one employer... to a plan with another employer... that happens to be you.

There are guys out there now who specialized in "self directed"... not an endorsement of these... no nothing about these... just picked em off the web, but:

Self Directed 401(k) with plan administrator


Self Directed 401(k) if self employed

Self Directed IRA

I didn't know anything about any of that... Thanks for asking.



To: Horgad who wrote (155207)3/26/2020 9:57:02 AM
From: Dr. Voodoo  Read Replies (2) | Respond to of 220205
 
Did you ever get answer for this?