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Updated almost 5 years ago on . Most recent reply
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Self directed 401k typical fees?
I want to start a self directed 401k with the option to use the money I put in there to buy properties.
However, it’s very difficult to find good information on providers and fees.
What fees should I expect to pay and what are fair amounts for these fees?
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Fees range from a few hundred dollars for a set of documents and a pat on the back up to $1,500 or more for a plan that comes with meaningful support.
Unfortunately, there is not always a direct correlation between price and quality of service. This is a field where you will want to do some research and take care to select a quality vendor.
If you go the inexpensive route, be prepared to engage a CPA or tax attorney at their normal hourly rate for support. It likely will cost more in the long run.