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Author: mmmm999 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76420  
Subject: Different help needed on a self-directed 401k Date: 8/10/2000 3:43 AM
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I have a similar question as the retired Fool looking to plunk his 401k into a self-directed IRA.

About a year ago I quit my job to start my own company. My 401k account has both stock of the company I used to work for, as well as mutual funds offered by the custodian.
I'd like to take all of the funds in that 401k account and move them to an IRA that I control with an on-line broker.

Can someone tell me what the restrictions are on this type of movement. Is it as simple as telling the custodian of my 401k to transfer the funds to my on-line broker?

Thanks for the time!

M
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