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Updated about 7 years ago on . Most recent reply

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40
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Harvey Corsino
  • Bristow, VA
8
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40
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Let me understand about Self Directed IRA

Harvey Corsino
  • Bristow, VA
Posted

I am still working at the same company, not retired , and planning to roll over my 403b to self directed IRA . Is this possible? How will I profit from my rental investment using SDIRA?

Thanks

Most Popular Reply

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Dmitriy Fomichenko
Tax & Financial Services
Pro Member
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
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Dmitriy Fomichenko
Tax & Financial Services
Pro Member
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
Replied

Harvey,

If you are still working for the company and not at a retirement age - you likely will not be able to rollover your 403B funds into self-directed IRA

Also, retirement accounts are designed for your future benefits (at retirement), not for your current benefit. You will not be able to benefit from the investments made with our IRA, your IRA will benefit.

  • Dmitriy Fomichenko
  • (949) 228-9393
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