{ "media_type": "text", "post_content": "After I resign can I use some of my 401k to buy real estate/land outside the US and transfer the remaining with the 401k of the new firm?", "post_id": "5f315526a59bcf0020b59985", "reply_count": 2, "vote_count": 3, "bowl_id": "59064a3cb12379001006592c", "bowl_name": "Personal Investment Chatter" }

After I resign can I use some of my 401k to buy real estate/land outside the US and transfer the remaining with the 401k of the new firm?

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Sure. But you’ll lay a penalty on any money that doesn’t go into another qualified retirement plan.

Penalty =tax

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