Timothy Sumer

ROBS 401k Business Financing FAQ: Can I invest the rollover funds not invested in the ROBS business? Please book a call: Please join My Community to ask questions: Free to Join! All are Welcome! Learn More: The 401k business financing plan (ROBS 401k) is perfect for entrepreneurs seeking readily available funding capital, especially those looking for interest-free or no-hassle business funding sources. -Fund your business start-up with retirement funds: Also known as ROBS 401k, the small business financing 401k plan allows you to fund a business with your retirement funds without taking a taxable distribution. -Not a taxable distribution: Because you directly rollover your IRA or former employer 401k, 403b, Keogh, SEP, SIMPLE, or other eligible account, to your new ROBS 401k plan, which then funds your business, you incur no taxes or early distribution penalties. -Not a loan: Unlike traditional 401k plans that allow for a 401k participant loan, that is,

Rollover as Business Startup (ROBS 401k) FAQ - What is a reasonable salary for my ROBS Business? Please book a call: Please join My Community to ask questions: Free to Join! All are Welcome! Learn More: The 401k business financing plan (ROBS 401k) is perfect for entrepreneurs seeking readily available funding capital, especially those looking for interest-free or no-hassle business funding sources. -Fund your business start-up with retirement funds: Also known as ROBS 401k, the small business financing 401k plan allows you to fund a business with your retirement funds without taking a taxable distribution. -Not a taxable distribution: Because you directly rollover your IRA or former employer 401k, 403b, Keogh, SEP, SIMPLE, or other eligible account, to your new ROBS 401k plan, which then funds your business, you incur no taxes or early distribution penalties. -Not a loan: Unlike traditional 401k plans that allow for a 401k participant loan, that is, borr