Publisher's Synopsis
Want to use your 401k funds to start of buy a business?
Read this guide book to learn how to do so. This guide book comprehensively explains Rollovers as Business Start-ups (ROBS), a financing method using retirement funds to start a business without penalty. It details the complex setup, including forming a C corporation and a 401(k) plan, and emphasizes the importance of ongoing compliance with IRS regulations. The guide book also explores the advantages and risks of ROBS, comparing it to traditional loans, personal savings, and investor funding. Finally, it provides numerous resources for further research and professional guidance.
