QUESTION: Can I transfer over my SEP money to my solo 401k and I have a self
directed IRA that bought land, can that be transferred over.
Thank you,
PR
ANSWER: Yes the rules permit the transfer
of SEP IRA and Traditional IRA to a Solo 401k plan. Further, you can transfer the self-directed IRA assets in-kind
to your Solo 401k. Therefore, you won’t need to sell your IRA owned land first.
Most Solo 401k providers including our company will prepare the SEP and self-directed
IRA transfer forms and list the real estate assets to be transferred in-kind to
ensure the real estate is not first liquidated.
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