BUY BUSINESS USING TAX DEFERRED CASH

NOW YOU CAN BUY A BUSINESS

using tax-deferred cash from your 401(k) or IRA.

This means you would have no payments or interest to pay back,

and if you took access to $100,000 in your retirement fund,

you could keep the 41% you would have paid in taxes,

for extra operating money to fund your new business.

How does this work?

With the adoption of a pension transfer trust, you are allowed to convert 401(k) and IRA funds into privately-held stock in your new business. This tax-deferred transfer requires a 501(a) trust coupled to a replacement plan containing special "exemptive clauses”.

We provide the expertise.

Our team of pension and tax advisors provides all of the specific components necessary to make sure each transaction is in compliance with all applicable IRS Code Sections, ERISA Law, and Department of Labor Letter Rulings.

Here are the numbers:

Pay taxes & penalties OR Adopt transfer trust plan

Amount in retirement fund: $ 100,000 $ 100,000

Mandatory 20% withholding for taxes: $ 20,000 -0-

Cash available to withdraw: $ 80,000 $ 100,000

Tax consequences of withdrawal:

Federal income taxes (at 28%) $ - 28,000 -0-

Early distribution penalty (10%) $ -10,000 -0-

State income taxes (2%) $ - 3,000 -0-

Total taxes & penalties: $ 41,000 -0-

Compare with cost to create a Pension Transfer Trust Plan: $ 6,850

Net cash available: $ 59,000 vs. $ 93,150

Percent of retirement funds retained: 59% 93%

Additional cash without taxes & penalties: $ 34,150

For more information please contact:

Principal

Lloyd A. Carrington Jr.

972-891-9364

interstatefinancialgroupok.blogspot.com

brokeragent1961@gmail.com