Our Business Directed Retirement Account program is the key to your personal and commercial financial future. This is not a
loan or credit program; we’ll simply unlock your stagnant retirement account to make your money available to you now. We will
not only free up your assets but also create an equity opportunity for your retirement account to grow alongside your business.
WHY IS A BDRA LEGAL?
In short, retirement law specifically allows these transactions, as long as you follow the rules.
The Employee Retirement Income Security Act of 1974 (or ERISA) is a federal law which governs
retirement accounts. It has specific guidelines which allow businesses to sell their company stock
to employee retirement accounts in exchange for cash. As long as your business abides by these
requirements, the BDRA is legal.
THE BOTTOM LINE IS: YES
However, proper compliance and maintenance of the corporation and
qualified plan are crucial to the legality of this structure
WHY CAN’T I USE MY SELF-DIRECTED IRA?
You cannot work at business in which your IRA invests in. If you have any responsibility of an officer
or director, you become a “disqualified person.” An IRA does not meet the requirements of an eligible
individual account plan.