Real estate friendly 401k

[Sam Peterson]

I currently have a 401(k) with my employer. It does not allow me to use the funds for the purpose of investing in real estate property.  i’m very close to changing employers, and they have the ability to discontinue the connection with my current employer within my current 401(k). My question is, does anyone know of a good quality 401(k) custodian that works well with real estate investors? With my change of employer, I believe I have a unique opportunity at this time to roll my money over into an investment custodian that will enable me to use my funds for real estate investment. I just need to know the best avenue to take at this point.

[Brian Eastman]

@Matthew Wolk

It seems you are not familiar with a self-directed IRA or 401(k).

With these types of plans you are not withdrawing funds from the plan to personally invest in real estate. The plan is configured to allow for investments into real estate and other non-traditional assets. Your IRA can purchase a rental house instead of just being limited to the stock market.

This type of self-directed plan is what @Sam Peterson is inquiring about.