Use Your 401(k) or IRA Rollover Assets to Finance Your Franchise or Business
Start-up or Expansion.
BeneTrends, Inc. can help you use your 401(k), 403 (b), Pension, Profit Sharing,
IRA rollover or other retirement plan to finance the purchase of a franchise or
as start-up capital for your own business or to purchase business property with
no taxes, no penalties, no loan repayment and with no hassle.
This can be done without distributions, taxes, penalties, or the use of loans.
Your own money can be used as venture capital to avoid loans, fees and interest.
These transactions are clearly within the letter of the law as spelled out in
the Employee Retirement Income Security Act of 1974 (ERISA), and BeneTrends,
Inc. has more than twelve years experience setting up Rainmaker Plans and has
never had a problem with the IRS—there is no way for there to be future
problems—this plan is laid out in the law and BeneTrends, Inc. will obtain a
letter approving the use of these funds in this way.
The IRS has established numerous rules to keep future retirees from spending the
funds held in trust today and awaiting them at retirement. Distributions are
taxed as ordinary income—upwards of 50%. Leonard Fischer, using some of the
provisions of ERISA, has developed a way to legally move money locked in 401(k)
or other IRA rollover accounts directly into a new or established business
without distributions, taxes, penalties or the use of loans. The money may be
used for franchises, property, equipment or working capital. BeneTrends, Inc.
charges a flat fee for our services and does not sell investments.