When properly structured, ROBS allow entrepreneurs to utilize funds from their 401(k) or other tax-advantaged retirement account to fund a new business (or franchise), buy an existing business, or recapitalize an existing business.
ROBS also allows for these funds to be used before a person reaches the age of 59 ½ without paying the usual income taxes and early withdrawal penalties. This program will discuss the structure of a ROBS transaction, the ongoing requirements related to a ROBS business, potential hurdles and pitfalls, and the IRS’ stance on ROBS generally.
Options and alternatives for financing start-ups using IRAs and qualified plans will be compared. Students, faculty, entrepreneurs, start-up company executives, investors and their advisors are welcome to attend. Click above for more information or to register.