1-2 weeks to incorporate your business
2 weeks to rollover your retirement
assets into the new 401(k) plan.
1-2 weeks to incorporate your business
2 weeks to rollover your retirement
assets into the new 401(k) plan.
No, the amount you invest is completely under your control. Let’s say you have $500k in your retirement account but only need $250k. We can rollover the $250k and leave the rest untouched. Additionally, you can rollover the total amount and invest half in your company and the other half into traditional investments such as stocks, bonds, and mutual funds.
It depends on the type of retirement account you have. Typically clients with a 401(k), 403(b), or 457(b) retirement account are required to no longer be employed with the company to access their funds. If a 401(k), 403(b), or 457(b) is with a previous employer, you will likely be able to remain employed and still go through the program.
This is possible in many cases, but we would like to make sure this is the best solution for you.
Technically, anyone can do this on their own. However, the cost would be comparable to the fee we charge. Additionally, finding the right people to complete this transaction would take time away from focusing on your business. We can complete this process in 2 to 6 weeks while you focus on growing your business.
No, this is not a loan. You will be investing your own retirement assets into your new business. As the business grows, so will your retirement account. If the company is successful, your stock is successful.
This is not a problem. We can consolidate multiple retirement accounts and transfer the total amount.