Ersop
Internet - Huntington Beach, California, United States
Ersop Employees
Ersop Details
Retirement money, including 401(a) pension, profit sharing, ESOP, thrift, stock bonus, 401(k), 403(b), 457(most), other qualified retirement plans, IRAs and rollover IRA money may be used to fund your own business (existing or start-up), franchise, business property or investment real estate. We have more than 20 years experience with more than 2,000 of these plans nationwide that we have qualified with the IRS.SDCooper Company developed systems and procedures to navigate the legal strictures and move client's money, locked in retirement accounts, directly into a new or established business without it being a distribution (therefore taxed or penalized) or a loan. The money may be used for franchises, property, equipment or working capital. We charge a flat fee for our services and do not sell investments.Starting in 2005, the IRS increased its auditing of all employee plans and plans investing in employer stock also received heavy scrutiny. SDCooper Company ERSOP® Plans fared very well through this process and our clients have received more than 25 IRS "no change" audit closing letters. We believe this was because of our emphasis on following the black and white letter of the law.The ERSOP® Plan process usually takes less than two weeks: 1-3 days to incorporate [sometimes with an added state expedite fee], 3 FedEx days to complete the ERSOP Plan paperwork, then about another week to get the money to move. Our standard fee for the ERSOP® Plan is $4,500* and then $900** annually. To start the process complete the Incorporation Questionnaire form on the Getting Started Page and then e-mail or fax it to us at (714) 842-1511. * In most states in standard time.** + a per participant charge.Specialties: You may use ERSOP® Plan's money for: * Existing Businesses, * New Business Start-ups, * Franchises, Non-Franchises, * Real Estate, Real Property Management, and * Non-Traditional Investments.
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