What is a mySOP^SM

(my Stock Ownership Plan)

A Employee Stock Ownership Plan, referred to after this as "mySOP^SM", is a form of a 401(k) plan setup for your own C-corp. The mySOP's purpose is to purchase the shares of your own C-corp. This structure is designed to get cash from a 401(k) or IRA into a corporation. This is necessary in order for start-ups, small businesses or cash strapped companies to tap cash from employee pension accounts.

Coming Soon! mySOP^SM Brochure
Click Here for an Overview Presentation on the mySOP^SM
or, to download the presentation for later viewing, or showing a client.Click here

Benefits of the mySOP^SM:

1. Allows for cash to be placed into a company without it being a loan
2. Eliminates many of the prohibited transaction problems when conducting business
3. Provides capital for start-ups or other cash strapped businesses
4. Provides for recourse loans when non-recourse loans are not available or practicle
5. Can be used in conjunction with a standard 401(k) or stand-alone

How does the mySOP^SM work?

1. Create a C-Corp
2. Establish the mySOP^SM
3. Roll money into the mySOP^SM (from a IRA or former employer's 401(k))
4. Purchase shares of your C-Corp. This places the cash inside of the business

Strategies for using the mySOP^SM:

• Purchase real estate when only recourse loans are available
• Provides cash for starting a business and/or buying a franchise
• Provide capital for a struggling or cash poor business

Coming Soon! mySOP^SM Brochure
Click here for a Overview Presentation on the mySOP^SM
or, to download the presentation for later viewing, or showing a client. Click here

Professionals and Members Click Here to view the Self Directed 401(k) page for professionals.

Augment this product with an iPROP^SM intellectual Property Retirement Ownership Plan. Click Here to learn more.

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