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Updated over 13 years ago on . Most recent reply

User Stats

9
Posts
3
Votes
Russell Crooks
  • Flipper
  • Vacaville, CA
3
Votes |
9
Posts

Self directed 401K vs. SD IRA-thoughts?

Russell Crooks
  • Flipper
  • Vacaville, CA
Posted

I am new to the forum and went through all the topics but did not find any information specific to my question, so here it is:
I am looking at going with the SD 401K, mostly because I am working Fix and flips and want to have flexibility on deals by borrowing 50K from the 401K. Has anyone compared the SD 401k to the SD IRA? Are there any pitfalls I am missing on the SD 401k? Thanks for your help.

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