How do I Transfer my old 401(k) to a Self-Directed IRA?

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  • เผยแพร่เมื่อ 19 ก.ย. 2021
  • Interested in transferring your old 401(k) to a Self-Directed IRA? Do you do a direct rollover, or an indirect rollover? What does that even mean in relation to your 401(k) and IRA. If you're trying to avoid excess taxes, give a listen to our latest video.
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ความคิดเห็น • 5

  • @LineupLegend
    @LineupLegend 2 ปีที่แล้ว +1

    Where is the how to part?...

  • @itisim
    @itisim 2 ปีที่แล้ว +2

    Can you do this while you still at your job?

  • @nbdysfool3
    @nbdysfool3 10 หลายเดือนก่อน

    My 401k’s are trying to make rollover impossible!

  • @projectlinuxsolutions2461
    @projectlinuxsolutions2461 2 ปีที่แล้ว

    Awesome video! Indirect 401k/IRAs can be rolled over once every 12 months per calendar year but does that apply if I also have multiple old emplyoer 401k accounts? Can I roll each one or only 1 per year?

    • @IRAFinancial
      @IRAFinancial  ปีที่แล้ว

      Hi - thanks for your question. You can do an unlimited number of direct rollovers of 401k plan funds to an IRA. The only time the 12-month limit comes into play is if the funds are sent to you first and then you have 60 days to return the funds to a retirement account. Whereas any direct transfer of 401k funds to an IRA can be done as many times as you wish with no restrictions.