401k Business Financing

What if we told you, that you can use your 401(k) or IRA dollars to finance your start-up business? Or to purchase an existing business or franchise?

Thanks to RobsAdvisor, both options are available to you without having to pay income taxes or premature withdrawal penalties.

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How ROBS Business Financing Works

A ROBS plan is a complex transaction, which is why most people that choose this funding method work with an attorney or a ROBS provider. Even if you work with us, it’s important to understand how the process works and how ROBsAdvisor works with you along the way.

STEP 1

Establish A C-Corp

A C-corporation is the only business structure that will work with a ROBS. The corporation must act in accordance with state corporate governance laws. The corporation takes compliant and documented actions to create a 401(k) plan. The ROBsAdvisor Plan manages this process and assures state compliant records are maintained & accessible.

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STEP 2

Set Up A New 401(k)

The business then becomes the sponsor of the 401(k) plan. In most cases, the entrepreneur will be the only employee of the new corporation and will be the only participant in the 401(k) plan.

You will need to discuss other options if your business will have non-spousal employees. These types of plans have special provisions to allow the plan to purchase employer stock.

The ROBsAdvisor Plan provides IRS approved plan documents, and adoption agreements, that meet Department of Labor and IRS requirements.

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STEP 3

Roll Over Existing Retirement Accounts

Through a series of legal forms, funds from an existing retirement account are transferred to the newly created 401(k) plan. These funds have been rolled over, as such, the transaction is not a taxable distribution and will not incur penalties. The ROBsAdvisor Plan offers full support and service on bank and/or brokerage account opening and funding (full rollover support).

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STEP 4

Use Funds From 401(k) To Purchase Stock

Funds in the new 401(k) plan are then used to purchase stock in the C-corporation. Now, the C-corporation has cash from the sale of the stock. The ROBsAdvisor plan assures corporate instructions are state compliant, and 401(k) plan is federally compliant, to validate the Rollover For Business Start Up (ROBS), this includes full IRS plan audit support.

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STEP 5

Build Your Business, Buy A Business, Buy a Franchise

With money in your pocket, you can use funds to acquire a business, fund your startup, or inject money into an existing business — all without tax liabilities or penalties. The ROBsAdvisor team is comprised of accountants and advisors who are here for you today and will be here for you tomorrow.

A Little About Us

Your Partners to Help You Along the Way

ROBsAdvisor is composed of industry dedicated experts with over 40 years of combined technical expertise in retirement planning, taxes, securities, and insurance. After years of corporate success with some of the world’s finest financial institutions, ROBsAdvisor was launched in 2016 to provide investors and entrepreneurs with multiple advanced planning, accounting and investment opportunities that traditional Banks, Broker-Dealers and Insurance Companies simply do not offer.

ROBsAdvisor

$2,500/Setup

Ideal for Business with 0 – 2 Employees with Annual Gross Revenues less than $500k
$1,000 Annual Fee
ROBs Business Financing
Annual Reporting
Personal and Business Retirement Planning
Informal Business Valuation
Corporate Tax & Benefits Planning
Payroll Processing
Sales Tax Compliance Preparation & Filing
Personal & Corporate Tax Preparation and Filing

ROBsAdvisor Pro

Popular Choice

$3,500/Setup

Ideal for Business with 0 – 10 Employees with Annual Gross Revenues greater than $500k
$1,200 Annual Fee
ROBs Business Financing
Annual Reporting
Personal and Business Retirement Planning
Informal Business Valuation
Corporate Tax & Benefits Planning
Payroll Processing
Sales Tax Compliance Preparation & Filing
Personal & Corporate Tax Preparation and Filing

ROBsAdvisor CFO

$2,000/Setup

Ideal for Business with 3 – 20 Employees with Annual Gross Revenues greater than $1MM+
$7,500 Annual Fee
ROBs Business Financing
Annual Reporting
Personal and Business Retirement Planning
Informal Business Valuation
Corporate Tax & Benefits Planning
Payroll Processing
Sales Tax Compliance Preparation & Filing
Personal & Corporate Tax Preparation and Filing

* Businesses with over $3MM+ in Gross Revenues with any of the following needs: Inventory Management, Expansion & Scaling, Capital & Credit — require a more tailormade fee arrangement, please schedule a consultation.

Take Your First Step Today

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This Could Be You

“My entire IRA balance was in a variable annuity. I wasn’t unhappy with the investment, I just wanted more. The choices and services offered by traditional banks and broker-dealers didn’t offer me the opportunity to buy my very own, already operating, business. The choice was easy.”

James L. Sanderson

Owner, European Auto Repair Center

Ready to Use Your Retirement Funds to Start Your Business?

Yes, you can invest your money into bonds, stocks, and even real estate.

But if you’re looking for a more lasting and meaningful return on your investment, plus a newfound sense of purpose, contact us today. You can schedule a FREE 30-minute consultation or submit any questions here.