The Guidant Blog

Blog Archive: Category: 401(k) Business Funding
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What Are ROBS Prohibited Transactions?

By: Guidant Financial | August 23, 2019

Top Tips to Avoid Common Prohibited Transactions Always act in the 401(k) plan’s best interest. Don’t pay yourself an excessive salary. Your wages should be within market for your role. Don‘t use any business property for personal use. Don’t let your spouse or family use any

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What Retirement Plans Work With ROBS?

By: Guidant Financial | July 17, 2019

Rollovers for Business Start-Ups (ROBS) is an innovative method of financing a business. ROBS allows you to access the money in your eligible retirement accounts as funding to buy a business, as a down payment on a larger business loan, or recapitalization for a business. But does ‘eligible’

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How to Start a Painting Business

By: Guidant Financial | June 26, 2019

According to reports from IBIS World industry market research, the home painting industry should see an annualized growth of 7.1 percent in 2019. With healthy household disposable income levels and a competitive house buying and selling market, homeowners are both updating their homes to get top

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