Buy A Business With 401K
Do you dream of opening your own business without taking out loans or paying interest on that loan? You have options available to you – you can use your 401K to start your business – penalty free. Rollover as Business Start-Ups (ROBS) has helped thousands of entrepreneurs just like you fulfill that dream of owning their own business.
“Adam Bergman…gets several calls a day from clients like McDermott looking to invest their retirement funds in real estate. ‘Our average client has retirement accounts of about $150,000 and is looking to buy one or two properties,” he said. “After 2008, they didn’t trust Wall Street. They wanted hard assets.'”
Our tax and ERISA experts have helped over 12,000 clients invest $4 billion in alternative assets.
IRA Financial Group’s founder, Adam Bergman, is the author of seven books on Self-Directed IRA retirement plans.
Bergman is a frequent contributor to Forbes.com and is an official member of the Forbes Financial Council.
4 Easy Steps to 401K Business Funding
Step 1: Create a C-Corporation
IRA Financial will help you establish a C-corporation and guarantee that incorporation process is completed accurately and legally.
Step 2: Design A New Qualified Retirement Plan
We will provide you with detailed instructions for opening the corporate and retirement bank accounts and create a plan that best suits your needs.
Step 3: Initiate the Banking Rollover Process
You will be guided through the process of rolling over your funds from your existing retirement plan or IRA to your new corporation’s retirement plan.
Step 4: Getting Your Business Funding
You can invest in your plan by purchasing stock in the corporation. You now have the capital you need to start-up, expand or purchase a new business or franchise.