Use your 401(k) or IRA rollover assets to finance your business start-up
It only seems fitting that you should be rewarded for good saving habits, but tax laws in America prevent savers from dipping into their 401K, IRA, profit-sharing or annuity plans. In fact, in many states, you'll lose more than 50% of your funds in taxes and penalties if you access the savings before retirement. However, what you may not know is that the Employee Retirement Income Security Act of 1974 (ERISA) made it legal for you to reinvest those funds into your own business.
Allied Business Group has formed a strategic alliance with a company that has nearly a half century of experience in retirement planning. With extensive knowledge of ERISA, they developed their Rainmaker Plan. This IRS approved program lets you redirect the money in your retirement funds for a fresh start in business – without penalty, without interest and without taxes. You can use the money to purchase a franchise, buy a business or start your own entrepreneurial venture.
