Retirement Investments Newark NJ

This page provides relevant content and local businesses that can help with your search for information on Retirement Investments. You will find informative articles about Retirement Investments, including "Investing Retirement Funds in a Business or Franchise". Below you will also find local businesses that may provide the products or services you are looking for. Please scroll down to find the local resources in Newark, NJ that can help answer your questions about Retirement Investments.

James Kearney
Quadrant Capital Management, LLC
(973) 783-8032
7 North Mountain Avenue
Montclair, NJ
Expertises
High Net Worth Client Needs, Retirement Planning & Distribution Rules, Planning Concerns for Corporate Executives, Estate & Generational Planning Issues, Ongoing Investment Management, Charitable Giving - Trusts & Foundations
Certifications
NAPFA Registered Financial Advisor, CFP®, CTFA

Roger Streit
Key Financial Solutions, LLC
(800) 840-0718
101 Eisenhower Parkway
Roseland, NJ
Expertises
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, Planning Issues for Business Owners, College/Education Planning, Middle Income Client Needs
Certifications
NAPFA Registered Financial Advisor, CFP®, MBA

Stacy Francis
Francis Financial
(212) 374-9008
111 John Street, Suite 240
New York, NY
Expertises
Financial Issues Between Generations, Ongoing Investment Management, Socially Responsible Investments, Divorce Planning, Women's Financial Planning Issues
Certifications
NAPFA Registered Financial Advisor, CDFA, CFP®

Stanley Altmark
Joel Isaacson & Co., LLC
(212) 302-6300
546 Fifth Avenue, 20th Floor
New York, NY
Expertises
Ongoing Investment Management, Planning Concerns for Corporate Executives, Estate & Generational Planning Issues, Retirement Planning & Distribution Rules, Tax Planning
Certifications
NAPFA Registered Financial Advisor, BA, CFP®, CPA/PFS

Joel Isaacson
Joel Isaacson & Co., LLC
(212) 302-6300
546 Fifth Avenue, 20th Floor
New York, NY
Expertises
Ongoing Investment Management, Estate & Generational Planning Issues, Professional Athletes or Entertainers, Retirement Planning & Distribution Rules, Tax Planning
Certifications
NAPFA Registered Financial Advisor, BS, CFP®, CPA/PFS, MBA

Jeffrey Waters
OFC Financial Planning, LLC
(973) 258-1007
35 Canoe Brook Road
Short Hills, NJ
Expertises
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, College/Education Planning, High Net Worth Client Needs, Planning Concerns for Corporate Executives
Certifications
NAPFA Registered Financial Advisor, CFP®

Roman Franklin
Franklin Financial Planning, Inc.
(866) 653-9907
48 Wall Street (Financial District)
New York, NY
Expertises
Ongoing Investment Management, Women's Financial Planning Issues, Retirement Planning & Distribution Rules, Real Estate Investments, Retirement Plan Investment Advice, Tax Planning
Certifications
NAPFA Registered Financial Advisor, BS, RFC

Darin Schnall
Schnall Advisory Services
(212) 967-6155
350 Fifth Avenue, Suite 3505
New York, NY
Expertises
Planning Concerns for Corporate Executives, Ongoing Investment Management, Retirement Plan Investment Advice, High Net Worth Client Needs, Hourly Financial Planning Services, Women's Financial Planning Issues
Certifications
NAPFA Registered Financial Advisor, BA, CFP®, CPA, MBA

James Shagawat
Baron Financial Group, LLC
866-FEE-ONLY (333-6659)
Midtown
New York City, NY
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules, Advising Entrepreneurs, High Net Worth Client Needs, Helping Clients Identify & Achieve Goals, Special Needs Planning
Certifications
NAPFA Registered Financial Advisor, BA, MBA

Robert Ince
Tribeca Financial Planning LLC
(212) 406-3616
79 Worth Street, 4F
New York, NY
Expertises
Cash Flow/Budgets/Credit Issues, Hourly Financial Planning Services, Ongoing Investment Management, Investment Advice without Ongoing Management, Retirement Planning & Distribution Rules, Estate & Generational Planning Issues
Certifications
NAPFA Registered Financial Advisor, CFA, CFP®

Investing Retirement Funds in a Business or Franchise

retirement funds small business
Growing numbers of small business and franchise entrepreneurs are discovering that their retirement assets can be diversified into investments outside of the stock market. They’re finding that, through a vehicle commonly referred to as Rollover as Business Start-ups (ROBS), they are allowed to legally invest 401(k) money in their own small business without taking a taxable distribution or getting a loan. It’s estimated that in 2010, more than 4,000 individuals will become entrepreneurs by investing their existing retirement assets into a business – and in turn – will create more than 25,000 jobs.

Entrepreneurs who work with expert companies to correctly complete a private investment in their own company often cite this “investment in oneself” as especially attractive since they wholeheartedly believe in their ability to open, operate and successfully lead a business. Another reason this type of transaction is attractive to an entrepreneur is because they can invest in their business without getting a loan. This means that the new business can reinvest the initial cash flow into the business instead of sending it off to a bank in the form of interest payments. It is reasonable to assume that a business that is not servicing high interest loans has a shorter “runway” to reach profitability. Guidant Financial reports that its clients are 63% more likely to succeed than other traditional business owners.

ROBS transactions generally involve four or five steps which, although complex, can potentially be completed in less than three weeks. The process generally includes the following steps:

  1. A new business entity, a C corporation is formed on the client’s behalf
  2. The client then rolls up to 100% of their eligible retirement funds into a newly created 401(k) plan;
  3. This plan, in turn, invests in the stock of the new corporation;
  4. The corporation, now flush with funds and free of debt acquires a small business or franchise.

There are many reasons that an entrepreneur would choose to invest in their own business. Reasons may include, but are not limited to:

  • They believe a small business they own and control is the best investment for their retirement plan.
  • They receive a debt-free equity injection into the enterprise;
  • They can provide their employees (including them) with a 401(k) plan, a benefit rarely seen in American small business today

The legal requirements for establishing and operating 401(k) plans were created under the Employee and Retirement Income Security Act (ERISA), which identifies the guidelines for 401(k) plan investments. These 401(k) plans, also called pension plans, are carefully protected by the IRS and DOL, so all transactions involving them need to ultimately benefit of the plan.

ROBS transactions are increasing in popularity, especially in a financial climate unfriendly to borrowers. Yet they’re still misunderstood by far too many...

Click here to read the rest of this article from NuWire Investor

Local Events

GFOA Annual Conference 2015 - Government Finance Officers Association
Dates: 5/31/2015 – 6/3/2015
Location:
Philadelphia
View Details