With a business financing 401k plan (ROBS) you fund your business with 401k, IRA or other retirement funds; therefore, your business has the necessary funding to grow and your retirement account has the potential to earn sizeable returns and grow tax deferred.
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The business financing 401k plan (ROBS) allows you to draw a reasonable salary from the business.
Make tax deferred contributions
Since the business financing 401k plan (ROBS) includes a retirement account, you can continue saving for retirement by making annual tax-deductible contributions. For example, for tax year 2019 each plan participant can contribute up to $56,000 plus an additional $6,000 for those age 50 years of age-and older.