401K Money to Buy Stocks?

[swamp snorkler]

Say I wanted to buy 1,000 shares of WXYZ stock, can I roll money that I have in my 401k into a TD Ameritrade account and buy it?

[bigl3456]

Most of the time you can have brokerage link to your 401k


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[Armand16]

Originally Posted by swamp snorkler

Say I wanted to buy 1,000 shares of WXYZ stock, can I roll money that I have in my 401k into a TD Ameritrade account and buy it?

If your over 59.5 you can do an in-service rollover. If not then it depends on your 401k but probably not.

[swamp snorkler]

Originally Posted by Armand16

If your over 59.5 you can do an in-service rollover. If not then it depends on your 401k but probably not.

I'm 36 so that's not happening.

[I make oil]

If you have money in a 401 from a company you no longer work at you can roll that money into a self directed IRA. If your talking about a current employers 401 then not very likely. All of the programs I've ever seen your limited that companies stock and whatever funds that are included in the program.