I have an IRA account that's adequate to fund retirement 100%. I also have a 401K account that I would like to make a withdrawal from to help pay for a new home purchase. I am well aware that I must pay income tax on the withdrawal but I would have to do that anyway when I withdraw from the 401K. My thinking is that aside from income taxes on the withdrawal I am really just transferring the Assets from 401K form into the form of real estate which is likely to appreciate at about the samr rate as my balanced IRA portfolio.Question is whether a move like this makes any sense or are there other ways to rollover a 401K into real estate that I would live in and possibly even avoid taxes until the real estate is sold?
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