How to Use Your Retirement Funds for Business Financing
Gaining in popularity is the use of your own retirement funds (e.g., IRA, 457b, 403b, 401k, TSP, PSP, 401a, SEP, SIMPLE IRA and pensions funds) for financing a business that provides goods and or services. The above video covers the ROBS 401k business financing strategy including the following:
-What is a ROBS 401k?
-Am I eligible to setup a ROBS 401k?
-Can I rollover my retirement funds into a ROBS 401k?
-What is the process to fund my business?
-Can I receive a salary?
-Do I have to offer the plan to employees?
-What are the ongoing costs & requirements?
-What are the exit strategies?
Comments