Pension Transfer Trust Plan

So...you've heard about this concept
of using your 401(k) or IRA to start or buy a new business...
Now you want to know...Can I really do this?

Pension Transfer Advisors has helped hundreds and hundreds of clients from all over the country get the funding they need to start their own business from their 401(k) or IRA or other qualified retirement plan.

For over 12 years, we have had the pleasure of helping people fulfill their dream of owning and running their own company. Like all small business owners, they needed capital to get started and they used the Pension Transfer Trust Plan to rollover their retirement funds into their new business from an IRA or 401(k) with no taxes or penalties. The Pension Transfer Trust Plan has received favorable letters of determination from the IRS multiple times indicating that the PTTP plan document satisfies applicable tax-qualification requirements.

Once your business is funded by your retirement plan, it can use these funds for almost any business purpose, including buying property and equipment, paying salaries and rent and buying a franchise.

And when you fund your business using retirement funds, no repayment is required…no notes to sign…no interest to pay…no worrying about how to make the next loan payment.

If you need additional capital for your business, the cash in your business provided by your retirement funds may be considered your equity when you apply for a bank or SBA loan.

Not too long ago, Kevin M. and two business partners each used their retirement account to fund a new business. Here is what Kevin had to say, “I want to take a moment to personally thank you for all you have done for us. I'm sure that for you it might be business as usual, but for us this whole process has allowed us to do more than we ever thought we could. We've met a number of skeptics along the way... but in the end it was a key factor in allowing us to make such a bold move (that and faith perhaps). So again, thank you so much for the consul along the way and the assistance in getting us here. As always, we will certainly give a positive endorsement of our experience with PTTP.”

Is it legal to use my retirement account to start my new business?

Because people have always thought of their retirement plans as “untouchable”, the practice of using retirement funds as a source of business capital may seem unusual.

Actually, the federal pension laws allow entrepreneurs to transfer funds from a qualified plan, like a 401(k) or an IRA, into the Pension Transfer Trust Plan. The Pension Transfer Trust Plan is then allowed to purchase stock in a closely-held corporation as long as the IRC and other rules are followed.

With the significant accumulation in 401(k) plans in the last ten years, the concept of using retirement money to fund a new business has become increasingly popular.

Outstanding Service - Above and beyond

Pension Transfer Advisors is ready to help you obtain the funding to acquire your new business. And we spend time with our clients making sure they are comfortable every step of the way.

Ralph O. had this to say about his experience with Pension Transfer Advisors, “In a nutshell, the overall transaction & setup with Mickey and his team was excellent! The only issues are the absolute concerns specific to your situation, and every question I had regarding my business was answered to my complete satisfaction! Mickey even called me back at 10 PM his time...to address a few of my concerns!”

Lowest Fees in the Industry for our Service

There are no up-front out-of-pocket costs to use our service. We do not collect one dime of our fee until all the steps are taken on your behalf and your retirement funds have been rolled over to the PTTP for your benefit. We charge a flat fee once everything is done. This includes our time to incorporate your new business (you pay the state incorporation fee) and roll over funds from up to three different retirement accounts.

If you have a partner or spouse who wants to use retirement funds to invest in your business, we do not charge a full separate fee for them. We charge a greatly reduced fee for each subsequent partner who uses retirement funds.

Your new pension plan must file government reports, such as a Form 5500, and provide reports and statements to its participants. We have that covered for you, too. Pension Transfer Advisors, LLC provides these services and charges a low monthly administrative fee, billed via monthly bank draft to your corporation.

How do I get started?

To join hundreds and hundreds of other business owners who have used the Pension Transfer Trust Plan as their preferred plan to fund their new business, just call us at 832-532-6830 Ext 101 and let us know you are ready to go. We will provide you with some enrollment material and get started to work for you immediately.

How do I get more information?

People are just tired of the corporate rat race and are ready to spend their time and efforts benefiting themselves and their family rather than the companies they work for. If you want to learn more about using your IRA or 401(k) or other retirement plan to finance your new business, click on the Info Request button on the right side of your screen or call us at 832-532-6830 Ext 101.