401k to IRA to Qualified Retirement Plan

[Kevin Carnahan]

I was recently laid off and am in the process of setting up a ROBS C-Corp. While I've been awaiting the formation of the C-Corp my old employer has offered me a new position that I will accept but that may require me to begin work before the corporation is available to transfer into.

Would there be any pitfalls I should be aware of if I roll my 401k into a traditional IRA and then roll the IRA into the qualified retirement plan being created in the corp?

This is already in process so other options to the ROBS corporation are not under consideration.