Moving the funds from the solo 401k bank/brokerage account to your personal Traditional IRA:
- By Check: Make the check payable in the name of the IRA custodian for your benefit, IRA. For Example, if your IRA is at Fidelity Investments, the check would be made payable as follows: Fidelity Investments F.B.O John Do, IRA
- Deposit the funds directly into your Traditional IRA account. In the memo section of the check, write “Partial Direct Rollover to Traditional IRA”
- Electronically: You may also have the bank or brokerage firm process the funds from the solo 401k electronically such as by wire to your Traditional IRA account.
In-kind Transfer of Real Estate Held in the Solo 401k
If an alternative investment such as real estate is being transferred to a self-directed IRA from the solo 401k (in-kind