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Roth 401k Forum
Discuss the new Roth 401k now available as of January 1, 2006
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mrosete
Joined: 23 May 2006 Posts: 1
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Posted: Tue May 23, 2006 7:25 am Post subject: Can you self direct your ROTH 401(k) to Real Estate. |
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Here is a question...
Can ANYONE tell me if you can self-direct your ROTH 401(k) into real estate. In know that you can in an IRA.
I keep looking at the website and it seems every website only talks about IRA's and self directing!!! I need to know the answer for a ROTH 401(k)?
Anyone?
Marvin
marosete@msn.com |
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Anonymous Guest
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Posted: Mon Oct 16, 2006 5:12 pm Post subject: Re: Can you self direct your ROTH 401(k) to Real Estate. |
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| mrosete wrote: | Here is a question...
Can ANYONE tell me if you can self-direct your ROTH 401(k) into real estate. In know that you can in an IRA.
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I am not sure for 100% but I think you can. |
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jimbojr
Joined: 01 Feb 2007 Posts: 2
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Posted: Thu Feb 01, 2007 2:33 am Post subject: Yes |
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Yes.
I'm doing it right now through my self-directed retirement plan administrator, EnTrust.
I use www.theentrustgroup.com. They have an office locally and they know their stuff.
There are others. Just shop around for the best mix of expertise (extremely important), service (very important) and costs. My administrator knows my tax CPA through working with other clients, and can work with him directly to structure things properly for my individual situation--a major bonus!
Jimbo
P.S. You can also borrow 50% of your Roth-401k balance up to $50K for whatever (e.g. real estate investing), provided you don't mind paying yourself iback with interest at a fair market rate. Excellent! |
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"roth 401(k)" - Google News
"roth 401(k)" - Google News
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Roth 401(k)s expected to join the mainstream; Number of employers ... Insurance News Net (press release), PA - Nov 17, 2008 Employers are adopting Roth 401(k) savings plans faster than employees are embracing them, but many observers expect the plans to join the mainstream of ...
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Changing rules require retirement adjustments Chicago Tribune, United States - Nov 16, 2008 And for employees who have access to Roth 401(k) plans at work, and who also expect tax rates to rise in the future, 2009 might be the year to start ...
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It's Open Season on Employee Benefits: Financial Professional ... Emediawire (press release), WA - Nov 6, 2008 Also, although income may prevent some from opening a Roth IRA, there is no income limitation for a Roth 401(k). Whereas current regular 401(k) ...
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small Business Owners and 401k?s Boomers-Bank, CO - Nov 9, 2008 You can put all, or none, of your $15500 (or $20500 if you?re over 50) into a Roth 401(k). The difference between the regular 401(k) and the Roth account is ...
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Social Networking Meets Personal Finance NuWire Investor (subscription), WA - Nov 13, 2008 ... in discussions with financial experts on topics ranging from a comparison between a Roth IRA and a Roth 401(k) to how to cut commuting costs. ...
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Hard times make retirement decisions tougher Seattle Times, United States - Nov 1, 2008 Consider a Roth: A Roth IRA or Roth 401(k) is funded with after-tax dollars. If held either five years or until age 59 ½, whichever is longer, ...
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Retirees: Smart ways to crack your nest egg Consumer reports - Nov 13, 2008 And finally, money in those very desirable Roth IRAs and Roth 401(k)s?where you might eventually be able to withdraw the money and owe no taxes. ...
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Retirement plan needs revision Chicago Tribune, United States - Oct 26, 2008 ... can benefit most from the tax system by saving 40 percent of their retirement money in a traditional 401(k) and 60 percent in a Roth IRA or Roth 401(k). ...
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Sick Leave Slowdown GovExec.com, DC - Oct 29, 2008 ... would have been offset by another provision of the tobacco bill that would have added a Roth 401(k) option for participants in the Thrift Savings Plan. ...
Yahoo! News Search Results for "roth 401(k)"
Yahoo! News Search Results for "roth 401(k)"
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