Does funding your corporation with a 401K plan create ROBS salary limits for yourself? Or, are you allowed to pay yourself whatever you want?
Average President Salaries
ROBS Salary Limits: Reasonable
Many of the […]
This year I created a ROBS legal service. For twelve years, I offered legal advice for about Rollover Business Startups (ROBS) arrangements. ROBS allows 401K plan investment of one’s own into a Corporation to start a new business or add capital to […]
What is a ROBS Corporation idea worth these days? You have been working on your idea. You know it is worth a million dollars. You bring $200,000 from your plan into the corporation and you, personally, add your $1M idea. May your […]
This is part one of a two part article on ROBS setup issues.
1. ROBS Setup Issues – Corporation
Corporations can be set up in any state or US Territory. If the business is in a State other than the corporate filing, we also […]
A ROBS setup is not allowed for professional service corporations.
No ROBS for You!
What Are Professional Service Corporations?
Professional Service Corporations (PSCs) allow for the incorporation of an individual or group of individuals to render […]
Please join us for our upcoming ROBS webinar live on April 13th, or as an on-demand webinar afterward.
Representing Rollover Business Startup Clients
Why this ROBS Webinar?
Around 10% of the 600,000 businesses started last […]
What can we learn about ROBS setups from the IRS ROBS 2010 bulletin? This blog, from benefits attorney Susan Jordan, accurately describes the IRS concerns for ROBS plans as they existed at the time. The original IRS bulletin is available