Recent Articles

ROBS (explained for Engineers)

an engineer's only fear

Contracting issues create a unique opportunity for Engineers (and similar professions) to use a Rollover Business Startup (ROBS) to land important contracts.

ROBS Year End Valuations

Plan Administrators require year end valuations of all plan assets. Most of my clients’ plans only contain stock in the sponsoring corporation so this is a straightforward, albeit important, task.

How the Corporate Tax Cuts Will Help your New ROBS Corporation

The tax changes for corporations make 2018 a great year to start your ROBS funded corporation! Why? Glad you asked! Here are the Selden notes.

SBA Loan with your ROBS funding? Consider life insurance!

SBA loan life insurance is not my bailiwick. I help people create and fund corporations using their own retirement funds, a process the IRS refers to as ROBS. Some of my clients need SBA loans.

Another ROBS Promoter Fail?

Someone contemplating a ROBS setup sent me a quote from a ROBS promoter website and asked me to explain.

How to Properly Take a Distribution from a Self-Directed IRA

If done incorrectly, taking a self-directed IRA (SDIRA) distribution can disqualify your IRA. If the IRS disqualifies your IRA, you owe taxes on the entire IRA backdated to Jan 1 of the year of the disqualification plus interest. If your return for that year is grossly inaccurate, you can also owe an egregious return penalty of 20%. If you were under 59 1/2 in that year, you also owe a 10% premature distribution penalty. That can be a lot of money to the government for doing what you thought was a proper transaction.

Alternative Investments for Your ROBS 401K Plan

Does your ROBS plan allow alternative 401K investments? A new client came to with an existing ROBS plan created by one of the big promoters.

Tired of LLC fees in your SDIRA? Use a Trust!

I first heard of an SDIRA Trust last year when John Park of PGI Agency called me to ask whether the idea would work.

ROBS Audits # 2 – IRS

This article focuses on a ROBS IRS audit. There are two ways a ROBS setup can be audited: a DOL audit or an IRS audit. The previous blog focused on DOL audits.


Subscribe to Front page feed
Call me today!
A quick conversation can get you on the road today. Let me help you get started. Call now...
Make an appointment
Need a little one-on-one time to consider your options? Set up your own appointment here. Make an appointment...
Have us call you
Prefer for us to call you? Enter your contact info here and we will get right back to you. Do it here
Go to top