When it comes to funding options for your small business, there are many options. For many entrepreneurs, using existing retirement funds is often the best option. Using retirement fund assets as your primary financing source has several advantages, as seen in the...
Searching for non-traditional funding options for your Business? Benetrends’ President & CEO, Dallas Kerley, sits down with Andy Cagnetta and Jessica Fialkovich of Transworld Business Advisors to talk about the advantages and disadvantages of non-traditional...
If you are considering using 401(k) or IRA plans to finance your new business, you know the power of financing your venture using your own hard-earned cash. As seen in the recent post, So You Want to Use Your 401(k) to Start a Business, such funds are the key driver...
When you want to use the Rollover as Business Startup (ROBS) strategy to fund your entrepreneurial dreams, you will need to be sure you have access to the right types of retirement funds. Internal Revenue Service regulations regarding ROBS lay out the types of funds...
Entrepreneurs who are interested in using their retirement fund assets to drive their small business creation or expansion have several options. However, there are considerable advantages to using a rollover approach instead of a self-directed option. As seen in the...
You contribute to your retirement plan so that, one day down the road, you’ll be able to continue with a life “style”. Although it’s not designed to be a rainy-day account, there are times that tapping into your 401(k) is necessary. And then there are times when...
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