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Updated over 5 years ago,

User Stats

150
Posts
40
Votes
Tarcizio Goncalves
Pro Member
  • Rental Property Investor
  • Palm Beach County, FL
40
Votes |
150
Posts

Investing in RE with a 403b from an old employer

Tarcizio Goncalves
Pro Member
  • Rental Property Investor
  • Palm Beach County, FL
Posted

Hi BP community, 

I have 403b from an old employer that I want to use to invest in RE. There is just under 100k in this account and when looking to withdraw the money, I was told I would incur over 30k on fees and penalties. 

Been reading articles online and one is more confusing than the other. One article says something while others say something else completely different. Was hoping someone in the forums had done this before and was successful in doing so. Is there a difference between the withdrawal guidelines between a 401k vs a 403b? Any guidance would be extremely appreciated. 

Thank you

  • Tarcizio Goncalves
  • Loading replies...