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NOW YOU CAN BUY A NEW BUSINESS
without having to borrow money or pay back any interest:
Use tax-deferred cash from your 401(k) or IRA.
This means you can rollover $100,000 or more of retirement funds,
and keep the $40-$45,000 you would have paid in taxes,
and use it 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: | $ 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 (3%) | -$ 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% | vs. | 93% |
| Additional cash without taxes & penalties: | $ 34,150 |
CONTACT PENSION TRANSFER ADVISORS
by completing the form below.
Contact Pension Transfer Advisors
Thank you for your interest in Pension Transfer Advisors! - Complete the form below to contact us directly!
For more information please contact:
PENSION TRANSFER ADVISORS, INC.
San Francisco (415) 701-0055
dean@pensiontransfers.net
www.pensiontransfers.net
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