The rollover for business startups is a great structure to invest in your business with your retirement funds. Here’s what you shouldn’t do with it.
Rollover as Business Startup Compliancy – we provide 5 steps to ensure your ROBS structure remains compliant to the IRS and ERIS rules/procedures.
Self-Employed Retirement Plans are plentiful, but the best option for most individuals is the Solo 401(k) or Individual 401(k).
The ROBS solution is the only IRS approved way one can use retirement funds to invest in a business the 401(k) plan participant will personally be involved in.
A SIMPLE IRA plan is similar to a Solo 401k Plan in that it is funded by employee deferrals and additional employer contributions. However, unlike a Solo 401k Plan, a SIMPLE IRA plan uses an IRA-type trust to hold contributions for each employee, rather than a single plan trust that is typical of a traditional […]
ROBS to buy a business is ideal for investors who want to be actively involved in the business without triggering prohibited transaction rules.
The Rollover Business Startup Solution, or ROBS, allows one to use retirement funds to invest in a business, that you may personally be involved with.
IRA Financial’s Self-Directed IRA and Solo 401(k) allows you to use your retirement funds to invest in all types of private business, such as private business or private placement investments directly from your mobile device or PC securely, and cost effectively. You no longer need a third-party IRA custodian involved in every aspect of your […]
Recently, IRA Financial’s Adam Bergman published an article on Forbes about the Gig Economy and the Solo 401(k). This got me thinking about another retirement strategy called “ROBS,” or Rollover for Business Startups. ROBS allows you to use retirement funds to start your own business. This strategy is generally used when you don’t have the […]
When you need to exit the ROBS structure after selling your business, you need to follow all IRS rules and regulations when terminating the plan.