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ollover Your 401K Plan into a Self-Directed IRA EggMoney How would you like to rollover your 401K money into a self-directed IRA and begin investing that money in real estate? It can be done. Here's how: 401K partitions give control over assets Suppose you're a Texas resident; you're married; and you work for an employer that sponsors a 401K or other retirement plan for its employees. The kinds of investments permitted by the plan are of course the typical Wall Street variety - stock, bonds, mutual funds, etc. Over the years, your plan assets have grown to a sizable amount. You would love to have access to some of that wealth to invest ideal estate, but it looks as though that will never happen. But wait. There's a solution. As a Texas resident, your 401K plan assets are community property. This means those assets are owned by both you and your spouse. (Yes, even though those retirement assets are in your name; even though it was your hard work and energy that created those assets; they are owned jointly by you and your spouse as community property). By using provisions of the Texas Family Code allowing for the partition (division) of community property, you and your spouse can enter into a written agreement dividing those 401K community property assets into two