Reply To: ROBS (Rollover for Small Business)

[Los Angeles-Orange County]

I rolled my corporate 401k account into a self-directed IRA. I use the self-directed IRA for investing in real estate and other ventures. There are of course strict rules you have to follow that do put in place restrictions so you need to understand the details to see if this will work for you. For example, you can’t co-mingle personal and SDIRA money and there are challenges if financing is used to purchase the business. None of these are show stoppers, you just need to be aware of and play by the rules.