Small Business Bailout Action


bailout1With a Self Directed IRA Business Funding plan, you’ve got your own small business “bailout” plan in place. Most entrepreneurs don’t realize it, but there’s enough money in IRAs, 401(k)s and other pension and retirement plans to jump start the economy and fund all kinds of small business ventures.

Recently, FoxBusiness.com published an article on their financial website entitled “Small Business Want Some Bailout Action, Too”. No surprise here, especially since small business is the backbone of the economy and is need of help just as much as Wall Street financial firms, banks, auto makers and other institutions.

TARP (Troubled Asset Relief Program) has become a very familiar acronym to most of us by now. The intent was to bail out, or jump start, the credit markets and financial system by pouring a ton of money into banks’ balance sheets.

Of course the irony is that TARP was supposed to have “thawed out” the credit markets so that small businesses could continue to operate. But that’s not been the case. In fact, small business is really taking it on the chin.

Hopefully, small business will get some relief from Uncle Sam, but in the meantime there is a way for existing businesses and start up businesses to tap into a source of Business Funding that doesn’t require the assistance of U.S. taxpayers or traditional financial institutions.

It is estimated that between $12 an $15 trillion is currently invested in IRA accounts. If only about half ($6 to $7 trillion) was moved into Self Directed IRA accounts, millions of jobs could be created without government intervention.

All it requires is that traditional retirement plans be reformatted into “Self Directed IRA” plans that allow the funds to be used in “non-traditional” types of investment.

According to the Employee Retirement Income Security Act (ERISA) of 1974, this is a completely legitimate strategy (see IRS Code Sec. 401 IRC 408(a) (3)). It states only two types of investments are excluded under ERISA and IRS Codes: Life Insurance Contracts and Collectibles (works of art, rugs, jewelry, etc.)

This Business Funding option could be your best option…even if you have other sources of funds. Think about the possibilities…you can operate the business, draw a salary and contribute to your retirement plan with profits from the business.

The advantages are tremendous, especially in these difficult economic times. Even if you don’t have enough funds (or any at all) in your own retirement plan, you could still partner with family members and others who have retirement plans to provide the needing funding.

It’s an option worth checking out. Click HERE for more information or call Safeguard Financial at 877-229-9763.

Safeguard Financial is an innovative provider of Self Directed IRA plans for individuals and entrepreneurs who want to take control of their own wealth building future. As the “Value Leader” in our industry, we offer a Low Cost Guarantee and lifetime consultation services for our clients. Regardless of your investment focus, our professionals have the expertise to help you accomplish your goals quickly, cost effectively and with the highest level of confidence.