How can I avoid my 401k participating in the SpaceX IPO?

[in2herbs]

2. You can't because of "discretionary investment authority." You might try moving it to a self-directed

IRA. In that way you have and retain control. There are videos out there. It's pretty straight forward. Be aware that in a self-directed IRA you must make investment choices.

Depending on how much $$ you have invested, whether or not there are beneficiaries and you don't want to make investment choices required in a self-directed IRA, there's always POD accounts. Each beneficiary in a POD account is FDIC or NUCA insured up to $250,000 enabling you to deposit $1 million into your one POD. This insures you and insures the beneficiaries, as long as each POD beneficiary's account does not exceed $250,000.