All Episodes

August 22, 2020 33 min

Joining me today is Kelly Krueger. Kelly is a Senior Consultant with Tenet Financial Group which offers small business funding solutions.  Kelly  has a decade of experience helping clients obtain the funding needed to turn their dreams of business ownership into reality.  Kelly helps her clients understand all of their funding options, allowing them to make informed, educated decisions. 

Topics covered: 

* One of the most common ways to use retirement funds to fund your franchise is what the IRS calls "Rollover for Business Start-ups"  or “ROBS” for short. Other common names for it are "401(k) Business Financing" or "ROBS 401K". 

* Setting up a ROBS transaction can be complex. The ROBS plan  needs to follow specific steps so that it doesn’t incur any tax penalties or other problems. Working with an experienced provider like Tenet Financial  makes sure the entire process runs smoothly.

* What are the advantages of using the ROBs 401 K plan to finance my franchise instead of other financing options?

*Which retirement plans are eligible for ROBS?

*Do I have to roll all my retirement savings into my new business with ROBS?

* Do I have to quit my job to start or buy a business with ROBS?

*What’s the process and costs involved in working with Tenet Financial to set a ROBS 401K plan?



kelly@tenetfinancialgroup.com
www.tenetfinancialgroup.com

Share
Mark as Played

Advertise With Us

Popular Podcasts

Crime Junkie
The Daily

The Daily

This is what the news should sound like. The biggest stories of our time, told by the best journalists in the world. Hosted by Michael Barbaro. Twenty minutes a day, five days a week, ready by 6 a.m.

Dateline NBC

Dateline NBC

Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations.

For You

    Music, radio and podcasts, all free. Listen online or download the iHeartRadio App.

    Connect

    © 2021 iHeartMedia, Inc.