When you want to use the Rollover as Business Startup (ROBS) strategy to fund your entrepreneurial dreams, you will need to be sure you have access to the right types of retirement funds. Internal Revenue Service regulations regarding ROBS lay out the types of funds...
So, you want to use your 401(k) to start a business… What are the steps you need to take to make sure your business is structured in the right way to give you access to your funds quickly and allow you to get your business off the ground? If you have retirement...
When you’ve done all the work to determine whether you’re ready to start your own small business, it’s time to see what financing option makes the most sense. For some small business owners, the choice comes down to asking a simple question: Is...
Entrepreneurs who are interested in using their retirement fund assets to drive their small business creation or expansion have several options. However, there are considerable advantages to using a rollover approach instead of a self-directed option. As seen in the...
You contribute to your retirement plan so that, one day down the road, you’ll be able to continue with a life “style”. Although it’s not designed to be a rainy-day account, there are times that tapping into your 401(k) is necessary. And then there are times when...
When you are looking at options to fund your small business, and if you have retirement funds, you should consider using the ROBS arrangement. ROBS (Rollover for Business Startups) is an innovative approach to business funding. Using a ROBS arrangement, business...
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