Use Your 401(k) to Launch a Business | ROBS Step-by-Step Guide

Use Your 401(k) to Launch a Business | ROBS Step-by-Step Guide

🚀 Want to Start a Business with Your 401(k) Money? 🚀 In today's video, I'm breaking down everything you need to know about ROBS (Rollover Business Start-Ups)! 💼 With ROBS, you can use your 401(k) funds to start a business without early withdrawal penalties or taxes. Here's how: ✅ Start a C Corp ✅ You must be paid as a W-2 employee from the new business ✅ Set up a new 401(k) for your business ✅ Make sure your retirement fund owns 98% of the new businesses shares and 2% personally or with a partner ✅ See how dividends can go back into your retirement fund (and how choosing a Roth IRA could mean tax-free growth! 🙌) Ready to learn more? Watch the video and book a free discovery call to see if this is the right strategy for you! 🔗 https://app.acuityscheduling.com/sche...[]=62563958 #ROBS #BusinessStartUp #401kStrategy #TaxFreeInvesting #Entrepreneurship