401k/IRA business financing, also known as ROBS, can be a great way to finance a business startup or expansion. The ROBS program enables you to invest in yourself.
Tax penalty free, Debt free and Collateral free!
ROBS will help to reduce debt payments and minimize exposure to rising interest rates, which is now a major concern for borrowers.
ROBS can also help to free up cash for the down payment for SBA or other loans.
Plus, the ROBS process involves establishing a new pension plan so you can continue to invest in yourself and maximize contributions and tax deductions as your business grows!
Pension Pros has innovated a unique ROBS plan design that is more consumer friendly and much more cost effective than ALL competitors!
Click here to see our Fees/Services Comparison chart.
Roth conversions are the transfer of assets that occurs when you move money from a traditional retirement account into a Roth account. There are a few different types of Roth conversion:
Either way, converting your investments to a Roth allows your earnings to grow and eventually be distributed tax-free, potentially saving you tens of thousands of dollars (or more) in the long run.
Whether you realize it or not, your IRA or 401k is a Tax Time Bomb!
The IRS is patiently waiting for you to start taking money from your retirement account, and when you do, the Tax Time Bomb explodes! It WILL happen, it's just a matter of when.
The current balance and ALL of the growth will eventually be taxed!
Roth conversion shifts your retirement account from tax deferred (a Tax Time Bomb) to
Tax Free Growth and Income - FOREVER!
There’s no requirement to convert the entire balance of a traditional retirement account to a Roth account all at once—you can do partial conversions whenever you want. It’s smart to spread multiple conversions of a large balance across multiple years to minimize the impact on your taxes and other benefits.
A Roth IRA can be a great place to relocate your retirement savings. Unlike a traditional IRA, you won't have to pay income tax on the money you withdraw or be required to take a minimum amount (RMD) from your account each year after you reach a certain age.
Are you prepared for tax increases as you age?
not the U.S. Treasury.
Effects of NOT doing a Roth conversion
