Subscribe Now!
Free Daily News, Jobs, Webcasts, Discussions
Display and Distribute
Your Job Openings
COVID-19 News
COVID-19 Webcasts

Featured Jobs

401(k) Client Support Specialist

401K Generation
(Altamonte Springs FL)

401K Generation logo

Pension Plan Administrator

DeMars Pension Consulting Services, Inc.
(Overland Park KS)

DeMars Pension Consulting Services, Inc. logo

Retirement Plan Consultant

Cetera Retirement Plan Specialists

Cetera Retirement Plan Specialists logo

Retirement Plan Consultant

(Telecommute / Dallas TX / University Place WA / The Woodlands TX)

Definiti logo

Defined Benefits Combo Cash Balance Consultant

Loren D. Stark Company (LDSCO)

Loren D. Stark Company (LDSCO) logo

Director of Business Development

(Atlanta GA)

ERISA Pros, LLC logo

Retirement Plan Consultant

DWC - The 401(k) Experts

DWC - The 401(k) Experts logo

Plan Compliance Analyst

Retirement Planners & Administrators
(Telecommute / Falls Church VA)

Retirement Planners & Administrators logo

Defined Contribution Plan Administrator

The MandMarblestone Group, llc
(Telecommute / Philadelphia PA)

The MandMarblestone Group, llc logo

Plan Administrator

BlueStar Retirement Services, INC.
(Telecommute / Jacksonville FL)

BlueStar Retirement Services, INC. logo

Free Daily News and Jobs

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon
Webcasts  >  Upcoming, by Date   |   Recorded
Conferences  >  Upcoming, by Date   |   Upcoming, by State
Combined  >  Upcoming, by Date   |   Recorded or Upcoming, by Sponsor

View More FIS Relius Education Webcasts and Conferences

Rollovers as Business Startups: Here to Stay?

FIS Relius Education

May 31, 2018
Recorded Online

Years ago, a number of firms started promoting 401(k) plans which allow entrepreneurs to use IRA or qualified plan assets to finance the purchase of franchises and other startup businesses. Most practitioners have viewed these arrangements with understandable skepticism about the legality and prudence of such arrangements. The IRS has issued a set of examination guidelines to deal with these transactions and the acronym the IRS has chosen to use only increased the concerns of many practitioners: ROBS (Rollovers as Business Startups).

Yet, it seems that ROBS are here to stay. The guidelines do not rule these arrangements out per se. But they do provide a road map for IRS personnel to use in deciding whether to challenge a ROBS plan, with a focus on nondiscrimination and prohibited transaction issues. This Web seminar will discuss these arrangements and the potential problems they pose. We’ll look in depth at the guidelines and show you the problems, pitfalls, and potential of ROBS, so you can judge for yourself and advise your clients appropriately.

Topics include:

  • ROBS overview
  • Issues and analysis
  • Nondiscrimination
  • Multiple potential prohibited transactions
  • Exclusive benefit rule
  • Permanence requirement
  • Plan communication
  • Invalid valuations
  • Filing
  • IRS enforcement activities


No prerequisite or advanced preparation is required for this course. However, attendees should have a general understanding of the operation of qualified plans and have a minimum of one year of experience. Attendees do not need to understand the operation of ROBS arrangements.

Level: Intermediate.
Instructional Delivery Method
Group – Internet-Based

NASBA Field of Study: Taxes

Speaker: David Schultz, J.D.

Objectives: After attending this seminar, attendees should be able to:

  • Explain a Rollover as Business Startup arrangement
  • Identify effective availability of benefits, rights, and features offered by a ROBS
  • Identify issues with discriminatory timing of amendments
  • Assess whether a ROBS arrangement is likely to satisfy the IRS guidelines

More Information, How to Register

© 2020, Inc.