The ROBS Program: Your Path to Business Ownership Without Penalties
Tired of the typical funding methods for starting a business?
Have a 401k or IRA that’s “Not quite reaching the number target that you want to retire with?
The ROBS (Rollovers as Business Startups) program is a game-changer. It lets you use your tax-deferred retirement funds—like your 401(k) or IRA—to start or buy a business. No loans. No early withdrawal penalties. Just your hard-earned retirement savings working for you in the business world.
How It Works
- Roll Over Your Retirement Funds: You roll your existing retirement funds into a new company’s 401(k) plan.
- Purchase Stock in Your Business: That 401(k) then buys stock in the business, giving you ownership without a loan or taxable distribution.
- Tax-Deferred Growth: Your retirement funds continue to grow tax-deferred while they fund your business.
Why Use ROBS?
- No Early Withdrawal Penalties: Avoid penalties and taxes on early withdrawals from your retirement account.
- No Loans or Debt: You’re not taking on any debt or signing personal guarantees.
- Keep Your Retirement Savings Intact: Your money stays in your retirement account, growing tax-deferred while fueling your business.
- Financial Freedom: You’re building your business without sacrificing your retirement savings or future.
Is ROBS Right for You?
If you’re looking to buy or start a business, and you have at least $50,000 in a qualified retirement account, ROBS could be the solution you need. It’s a smart, efficient way to use what you already have to invest in your future—both for your business and your retirement.
Get Started Today
Ready to take the plunge into business ownership without the burden of loans or taxes? The ROBS program is here to help you make your entrepreneurial dreams a reality, using your existing retirement savings.
Contact us today to learn more about how ROBS can help you fund your business, tax-deferred, and penalty-free.