Tax Free 401k
Tax Free 401k

Can I finance a home using my 401k or IRA-401k or IRA finance

Can I finance a home using my 401k or IRA?

Can I finance a home using my 401k or IRA is a question we get quite often. Buying real estate with your 401K or IRA is approved by the United States Federal Government. See section 4975 of the Internal Revenue code.

You can self direct your current or past 401K plan into investment real estate. Your money is moved tax free from one investment vehicle into your real estate investment. You can move a portion of your 401K or all of it. There are several companies that make this affordable and easy to do. What investments can I make with my 401K or IRA?

Currently, there are thirty-eight (38) IRS approved asset classes. Nearly all types of investments are open for consideration with the exception of life insurance and collectibles. Investing with your tax deferred (or tax free with Roth IRAS ) self-directed retirement plan is considered advantageous by many clients.

How much time does it take to establish a self directed account? Typically, the application process takes about 1-2 business days. Your money from your existing or from an old plan will take about two weeks to get transferred and become available for your investment purposes. Please consult with your tax, investment (POC) and legal advisors when making these decisions.

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