Control of 401K

5 posts / 0 new
Last post
JAudette's picture
Status: Martenson Brigade Member (Offline)
Joined: Feb 15 2009
Posts: 5
Control of 401K

After listening to the entire crash course, I've decided to take better control of my 401K but I don't know where to start.  Does anyone have information on self managed 401K's and how to start one?



Brandon's picture
Status: Martenson Brigade Member (Offline)
Joined: Oct 6 2008
Posts: 145
Re: Control of 401K

Hi JAudette.

I'm no expert, but I here's a few links on the topic from past posts to get started.  I imagine there are people here who can post more specific information for you.

Damon Rose's picture
Damon Rose
Status: Member (Offline)
Joined: Feb 17 2009
Posts: 1
Re: Control of 401K

I did the same thing. You have to get your plan provider to put a PCRA into your options for investing. What that is is basically a brokerage trading account where you can buy ETF's, equities, mutual funds, etc.


watsondog's picture
Status: Member (Offline)
Joined: Jan 28 2009
Posts: 20
Re: Control of 401K

I've been using Schwab for about 10 years. They have good research on stocks - lots of opinions and always good service.

Woodman's picture
Status: Diamond Member (Offline)
Joined: Sep 26 2008
Posts: 1028
Re: Control of 401K

Is your 401k with a current employer or a former employer? For the general info all reading this, if it's with a current employer you're generally stuck with the options within the plan unless you can convince your employer to make changes. If it's with a former employer you can roll over to a personal IRA and do many more different things depending who you place your account with.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Login or Register to post comments