Investment Trust

[sporty2k]

What is the name of your state? Washington

I invested in a project by transferring a part of my 401K to a self-directed IRA that run by a trust company for the project's partnership. The partnership has filed chapter 7 bankruptcy but the trust still shows (via their online web site) that my account still has the balance of the investment. Do I have the right to take a distribution from this? Would the money still show if it wasn't there?

 

[vrzirn]

The likelihood is that the website information is not current and the funds are not there. Try taking the money and see what happens.