Has anyone opened up a solo k account, and then converted it to an IRA? I'm not talking about having a 401k plan at a job, and then converting it to an IRA when you no longer work there. I'm talking about having your entity setup a solo k and converting to an IRA while the entity still survives. The feedback I've been getting is that this is illegal because you need a triggering event (eg termination, turning a certain age, etc.) to convert. If you've done this, which firm did you have your money in? How long did it take to make the conversion?