|
Q: I have a 401(k). Can I invest that in real estate? A: Your 401(k) plan may, at your direction, be invested in real estate if the investment provisions of the plan permit it. The employer establishes the plan for the benefit of the employees. The employer will have specific investment language incorporated in the plan, which states what options are available to the employee. If the employer contributions to your plan have been made, and the plan permits self-directed investments, there will be rules governing the amount you may invest from that portion you are vested in. You may also have an Individual (k), which limits participants to owners only, plus spouses and partners. In this case you may decide on the investments to be completely self-directed by you. |