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Updated over 4 years ago,
Converting Roth 401k to Self Directed for REI
I am potentially interested in converting an existing Roth 401K to a self-directed account that allows for real estate investing. What is the cost/ benefit in your experience with making this sort of move? Currently the account is with Paychex and I would need to roll it over to Fidelity. I am unsure of the penalty to do so, I am planning to call Fidelity today but just curious about this approach.
Any positive experiences? Negative ones?
Thanks, in advance, for the input!