Our  RETIREMENT PLAN COMPANY

Using Retirement Funds as Business Capital.

It’s a different concept for most people. Money in IRAs and 401(k) plans is thought to be untouchable until retirement. It can be used before then.

This plan provides a simple process to invest retirement funds in a new or established business—without distributions, penalties and taxes. As a result, it gives anyone with a qualifying retirement plan a ready source of capital.

The idea may raise eyebrows. Yet the plan is without question an
effective means of employing retirement savings as business capital.

TIP:  This plan can be used instead of borrowing against the house to keep home separate from business.

Basically what happens is people invest retirement funds in stock of their own business. When properly done, funds can be used for any business purpose, including:

• Purchasing a franchise or existing business.
• Start-up expenses: purchasing property, equipment, etc.
• Working capital: paying salaries, franchise fees, etc.
• Business expansion: funding additional franchises, locations, etc.
• Equity toward SBA or other loans.

Moreover, capital can be obtained from just about any type of retirement savings plan:

• IRAs • 401(k) Plans • 403(b) Plans • SEPs • SIMPLE Plans

• Annuity Plans • Profit Sharing Plans • Defined Benefit Plans • 457 Plans (govt. only)

• Cash Balance Plans • Money Purchase Plans • Rollover Plans • ESOPs

 

Working to Business Owners’ Advantage.

Funds free of tax consequences.

The beauty of the plan is you make an investment of funds and don’t take a distribution. So you don’t get hit with early withdrawal penalties or hefty income taxes.

Debt-free capital.

You can open a business without being saddled with unnecessary debt or touching the equity in your home.

Many people take out loans to start a business—and sweat making payments. This plan can free you from the hassles and pressures that can come with conventional financing methods.

And if you do need to borrow additional capital, our plan can be used to provide equity toward SBA and other loans to ease the process.

OK by the IRS.

You’ll have funds for business investment and IRS approval of the plan method in writing.

Thousands of favorable Letters of Determination have been received from the IRS for plans we’ve set up, all saying the plan complies with regulations. And we’ll obtain a letter documenting IRS approval for each individual plan.

Working for yourself.

A business of your own may be your best retirement plan. After all, investing in yourself is an investment you can believe in.  In addition, you set up a new retirement plan to save and shelter even more retirement funds as your business grows.

Four Simple Steps, and You’re in Business.

Capitalizing on this plan is a straightforward process, and we handle all the details. Our plan specialists are fully trained to do the necessary steps and paperwork. They make sure all the i’s are dotted and t’s crossed—and all you need to do is sign on the dotted lines.

It’s a short process, as well—on average, steps are completed and funds are available in about two to four weeks.

You establish a C-corporation for the new business. If you like, we can prepare incorporation documents and make necessary state and federal filings as an additional service.

The C-corporation creates a new retirement plan. We’ll develop everything from the Basic Plan Document to enrollment forms, and perform required federal filings to establish the plan.

Funds from an existing retirement plan are rolled over into the C-corporation's new retirement plan. We’ll make sure the proper forms are prepared and tasks performed to complete this transaction.

The new retirement plan purchases stock of the C-corporation. We’ll see that appropriate procedures are followed and stock certificates are issued.

Email us and we'll be happy to put you in contact with this company.