Top 10+ Resources and Guide for Getting Started with ROBS
Have you heard of 401(k) business financing — or Rollovers for Business Startups (ROBS)? Here’s everything you need to know about ROBS to get started.
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.
Have you heard of 401(k) business financing — or Rollovers for Business Startups (ROBS)? Here’s everything you need to know about ROBS to get started.
ROBS 401k business financing has increased in popularity for business owners. Despite having “401k” in the name, you can use most retirement plans for ROBS!
Rollovers as Business Startups is a great way to fund your business debt-free. Learn what retirement accounts are eligible, and why.
There’s a better way to access your retirement funds to start or buy a business without triggering penalties. There’s even an option to use your current retirement funds as business capital without having to give your two weeks’ notice.
Rollovers for Business Start-ups (ROBS) is a complex transaction that includes forming your own C Corporation, rolling your retirement funds into a new 401(k) plan, and using that plan to …
Your Rollovers for Business Startups (ROBS) and SBA Loan Timeline Read More »
One of the biggest hurdles when it comes to starting a business is finding the money to make your dreams a reality. 401(k) business financing doesn’t require a down payment, interest, or a high credit score.
Starting a business doesn’t have to be daunting with the right strategy for financing. If you have a 403(b) retirement account, the money required to purchase the business of your dreams could be right in front of you.
Rollovers for Business Start-ups (ROBS) allows small business owners to use their 401(k) (or other pre-tax retirement funds) to start a business without incurring any tax penalties. If you’re considering this financing option, here’s everything you need to know about the benefits and drawbacks of 401(k) business financing.
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.