Transfer QDRO to solo 401k or self-directed IRA?
I am in the process of getting divorced. My soon-to-be-ex has a 401K through his employer. It is anticipated that this will be divided in some manner using a QDRO. I would like to know what my best options are – can I roll it over to a solo 401K or would a self directed IRA be better? I am interested in in real estate investments & flipping houses.
Yes the rules allow for the transfer of QDRO
401k funds to a solo 401k an/or a self-directed IRA. Also, both the solo 401k
and self-directed IRA allow for investing in physical real estate.
Not everyone qualifies for a solo 401k, however, since not everyone is self-employed. However, the self-employment requirement does not apply to self-directed IRAs.
To learn more about the solo 401k self-employment rules, CLICK HERE