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Updated over 7 years ago on . Most recent reply

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35
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Sandra PIrtle
  • Investor
  • Honolulu, HI
17
Votes |
35
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Rolling over 401k and traditional IRAs into SDIRA

Sandra PIrtle
  • Investor
  • Honolulu, HI
Posted

I have already converted one IRA into a SDIRA for real estate investment. Once I retire, I will have control over an IRAP (IRA as part of a union pension plan) and a 401K.

I have spoken to the union's plans administrator, and he says that I will be free to roll over both accounts as soon as my retirement is finalized. 

My account manager at the custodian of my SDIRA said that I can roll both accounts over into the existing SDIRA.

It seems that it would be simpler for me to manage my real-estate portfolio, if it were not scattered around. (I already have properties purchased outside of the SDIRA).

Would there be any advantage in keeping the accounts separate? 

Most Popular Reply

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Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
6,240
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17,848
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Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
Replied

Sandra, I'm with you. I like simplicity. I don't see any advantages of keeping them separate.

  • Dmitriy Fomichenko
  • (949) 228-9393
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