ROBS Financing

Rollovers as Business Startups (ROBS), also known as 401(k) business financing, is a great debt-free method of financing small businesses or loan downpayments.

What Are ROBS Prohibited Transactions?

If you have funds set aside in a retirement account, chances are you’ve heard of prohibited transactions: the use of retirement funds for purposes that don’t meet the criteria set forth by the Internal Revenue Service (IRS). Prohibited transactions can leave you susceptible to pay hefty tax consequences.

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