Frequently Asked Questions
ROBS stands for Roll Over for Business Startup. It is used to facilitate the investment of qualified retirement funds into a business. It can be for a business being purchased, a new business being started or funding an existing business.
No. You can use all or a portion of your retirement funds funds. You can also combine funds from different retirement accounts into the plan.
Yes. Our plans are pre-approved by the Internal Revenue Service. All plans come with a pre-approval letter.
Most plans are completed with 30 days.
The only ongoing fee is for the Plan Administration . The fee depends upon the number of full time employees in your business. Call for details.
Yes. You can pay yourself and any family members who are employed by the the business salaries and benefits.
No. There is no taxes or penalties on the rollover.
All kinds. Franchised businesses, startups and existing businesses.
Just call us at 1-800-936-0872. We will be happy to answer your questions with no obligation.