A Growing Number Of Gen Xers Are Launching Companies With Their 401(k)s

While most workers have to wait until they’re nearly 60 to pull from retirement accounts without penalty, in 2008, the Internal Revenue Service clarified that by using a “ROBS” maneuver, workers could use their 401(k) savings as seed capital for a new company.

from Forbes Real Time https://ift.tt/36egElM