Rollover Thrift (federal 401k) To Real Estate Purchase
does anyone have info and/or experience with rolling over a federal governement THRIFT retirement fund into purchase of an investment property? i'm retiring soon and hope to move $$$ out of funds...thanks.
From my experience, funds from govt thrifts are usually not accessible unless you terminate or retire.
Now - 401k's and IRA's are a different story and I think it is the BEST way to go for one's savings. The custodian excercises a lot of control in how you use your funds but they are reasonable and for your protection.
I have been opertating RE LP's and IRA's and 401K conversions have been my best investors.
C-