Using a 401(k) to Buy a Small Business – Response to New York Times Article

Ed Slott and Company YouTube Channel

Video by Ed Slott; Compiled by Jared Trexler

The New York Times ran an article on June 13th titled, “Using Your 401(k) to Buy a Small Business,” and we feel compelled to discuss the piece and provide a few words of warning on using what is called a ROBS (Rollovers as Business Start-ups) transaction. Ed Slott goes through the article and adds his own expert retirement planning perspective in this IRAtv video below.

You can read the entire article at this link:
http://boss.blogs.nytimes.com/2012/06/13/using-your-401k-to-buy-a-small-business/

 

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