Retirement Investments Virginia Beach VA

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 Virginia Beach, VA that can help answer your questions about Retirement Investments.

William Edwards
Financial Management Consultants of Virginia
(757) 498-7028
249 Elon Court
Virginia Beach, VA
Expertises
Retirement Plan Investment Advice, Ongoing Investment Management, Cash Flow/Budgets/Credit Issues, Middle Income Client Needs, Tax Planning
Certifications
NAPFA Registered Financial Advisor, ChFc

Ron Pearson
Beach Financial Advisory Service
(757) 428-6634
6204 Ocean Front Avenue
Virginia Beach, VA
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules, Special Needs Planning
Certifications
NAPFA Registered Financial Advisor, BA, CFP®, MA

Robert Tull
Tull Financial Group, Inc.
(757) 436-1122
640 Independence Parkway, Suite 300
Chesapeake, VA
Expertises
Ongoing Investment Management, Retirement Plan Investment Advice, Planning Issues for Business Owners, Retirement Planning & Distribution Rules, Tax Planning, Insurance Related Issues, including Annuities
Certifications
NAPFA Registered Financial Advisor, CFP®, MBA

Mr. W. Alan King, CFP®
(757) 463-9060
2624 Southern Blvd
Virginia Beach, VA
Firm
West Financial

Data Provided by:
Mr. Christopher L. Holladay, CFP®
(757) 431-6311
208 Golden Oak Ct Ste 300
Virginia Beach, VA
Firm
Philleo & Holladay Wealth Management Group of Wells Fargo Advisors
Areas of Specialization
Asset Allocation, Business Succession Planning, Charitable Giving, Education Planning, Employee and Employer Plan Benefits, Insurance Planning, Investment Management

Data Provided by:
Marshall H. Groom, Jr.
Groom Financial Advisory
(804) 716-2100
4445 Corporation Lane, Suite 200
Virginia Beach, VA
Expertises
Ongoing Investment Management, Hourly Financial Planning Services, Retirement Planning & Distribution Rules, High Net Worth Client Needs, Estate & Generational Planning Issues, Planning Concerns for Corporate Executives
Certifications
NAPFA Registered Financial Advisor, CFP®, JD

Jim Flinchum
Bay Capital Advisors, LLC
(757) 963-5699
2309 Mariner's Mark Way, Suite 401
Virginia Beach, VA
Expertises
Ongoing Investment Management, Estate & Generational Planning Issues, High Net Worth Client Needs, Hourly Financial Planning Services, Financial Issues Between Generations
Certifications
NAPFA Registered Financial Advisor, CFP®, CIMA

Vivian Honeycutt CFP(R)
Honeycutt Financial Services, LLC
(757) 962-7522
676 Independence Pkwy #120
Chesapeake, VA
Expertises
Helping Clients Identify & Achieve Goals, Ongoing Investment Management, Planning Issues for Business Owners, Retirement Plan Investment Advice, Retirement Planning & Distribution Rules, High Net Worth Client Needs
Certifications
NAPFA Registered Financial Advisor, CFP®

Mr. William H. Sheavly, CFP®
(757) 340-7006
324 Southport Cir Ste 103
Virginia Beach, VA
Firm
The Sheavly Financial Group, I
Areas of Specialization
Asset Allocation, Charitable Giving, Investment Management, Investment Planning, Retirement Planning, Securities, Socially Responsible Investments
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $50,001 - $100,000



Data Provided by:
Mr. Victor A. Philleo, CFP®
(757) 431-6311
208 Golden Oak Ct
Virginia Beach, VA
Firm
Wells Fargo Advisors, LLC

Data Provided by:
Data Provided by:

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...

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