ROBS 401(K): ROLLOVER AS BUSINESS START-UP OR ACQUISITION
27 NOV 2017

Posted by robbie Categories: Financial Planning Comments: Post closed for comments

  1. ALLOWS INDVIDUALS TO USE THE MONEY IN THEIR 401(K) TO START OR PURCHASE A BUSINESS
  2. NO TAXESON WITHDRAWN 401(K) FUNDS
  3. NO EARLY WITHDRAWAL PENALTIES
  4. CAVEATES: MUST INCORPORATE BUSINESS, OPEN NEW 401(K) IN BUSINES, ROLL YOUR EXISTING 401(K) FUNDS INTO THE NEW PLAN (SINCE BOTH ACCOUNT ARE TAX-EXEMPT, AVOID TAX (10% PENALTY) HIT
  5. IRS HAS STRICT COMPLIANCE STANDARDS TO AVOID PENALTIES AND AUDIS
 “FIRST CLASS SOLUTION SUITE” CONTACT RTW TODAY FOR ALL YOUR TAX AND BUSINESS NEEDS DOMESTIC AND INTERNATIONALLY.  2017 TAXES SHOULD BE FILED EARLY DUE TO THE EQUIFAX DATA BREACH.   DON’T WAIT, CALL OR EMAIL NOW. info@rtwxxact.com; 216-533-6586