Before you make any decisions regarding your future finances, it’s crucial that you know the facts. To date, over 10,000 businesses have been financed using 401(k)/IRA funding. Here at Benetrends, we have personally handled thousands of plans and we have NEVER had the IRS disqualify a plan.
However, retirement planning is a highly specialized field; for this reason, your accountant or lawyer may not be familiar with the process. Benetrends is happy to speak with your legal or accounting representative to thoroughly explain the process, including its benefits and parameters.
We highly recommend that you use a firm like Benetrends that deals only with retirement and pension fund planning and administration. We have decades of experience in designing retirement plans to comply with the Employee Retirement Income Security Act (ERISA) of 1974, as well as Internal Revenue Code provisions. In fact, the Rainmaker Plan® was designed by an ERISA attorney – the founder of Benetrends.
All of that said, 401(k) funding can be a viable option for anyone who wants to invest their own retirement funds into a new business or franchise without losing any of their hard-earned savings.
Review our simple 4-step process for qualified 401(k)/IRA funding.
