Tax Guru-Ker$tetter Letter
Monday, November 23, 2009
Investing retirement funds into C corp
Q:
Tax Guru
In 2005 you recommended the use of the BeneTrends rainmaker plan for using your 401k funds to finance a company. Have you had anymore experience with them in the last four years? I am thinking of using them, but am worried that there may be some problems with the IRS.
Any help you might give would be appreciated.
Best Regards,
A:
I haven't heard of any problems with the BeneTrends program, and in act I am still recommending it, as in this recent vidcast.
Good luck.
Kerry Kerstetter