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Updated over 9 years ago on . Most recent reply
previous employer 401k
what would the best way to invest money from previous employer 401k so that I could use it in REI
Most Popular Reply
![Vanessa Pham's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/213928/1621433713-avatar-vanessap.jpg?twic=v1/output=image/cover=128x128&v=2)
Since the 401(k) is with a previous employer, you can roll it over into a self-directed IRA or Roth IRA. Then you can use the funds to invest in real estate, or almost any type of investment.
If you are self-employed, you can also consider the self-directed Solo 401(k) plan option. This gives you higher contribution limits, loan option, and the ability to use non-recourse financing tax-free. There are many topics on BP about both the self-directed IRA and Solo 401(k), you can do a quick search and see what others recommend.