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Updated almost 4 years ago,

User Stats

31
Posts
6
Votes
Jonathan Cevallos
  • Rental Property Investor
  • NJ & NY
6
Votes |
31
Posts

Utilizing my 401k with an old employer

Jonathan Cevallos
  • Rental Property Investor
  • NJ & NY
Posted

I have a 401k plan with an employer I no longer work for in 3 years. I want to use the funds for my second deal, but I don't want to pay the early withdraw fees, etc. What are my options?

I know I can't take a loan out since I no longer work there... Any recommendations on how to strategically use these funds? Transfer to a ROTH IRA, is an option I was looking into. I would appreciate any feedback and advise.

Thanks

Jon

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