How the DreamSpark 401k Rollover Plan Works
Use the DreamSpark® plan to invest in your business
Funds are rolled from existing retirement account such as an IRA/401(k) to new DreamSpark® retirement plan
DreamSpark® Plan purchases shares in your newly formed corporation
Your Business or Franchise
C corporation begins business/franchise operation using your investment as working capital
How the DreamSpark® 401k rollover plan works in 4 easy steps!
Use your existing retirement account as small business startup funding—without debt, loan interest, taxes, or penalties while still planning for retirement! On average, Pango Financial® can complete your DreamSpark® 401k rollover plan in 2 to 3 weeks. The plan creation and funding takes just minutes of your time at different points throughout the process. Pango Financial makes 401k rollover funding easy and will notify you when information requires your review or signature.
Save time and money with complimentary registered agent services for the first 12 months when you engage Pango Financial for the DreamSpark plan. Incorporate more quickly and take advantage of services that include:
- Filing for your Employer Tax and Retirement Plan ID numbers with the IRS.
- Samples of company bylaws and corporate minutes.
* A Limited Liability Company (LLC), Partnership or S Corporation (S Corp) would not meet the statutory requirements necessary to operate this structure.
Once you approve your new DreamSpark® plan, Pango Financial will:
- Help you move your retirement funds from your previous employer or IRA into your new DreamSpark® plan. Select the investment company of your choice to hold your retirement funds. Your preferred financial institution or investment advisor can manage any publicly traded investments offered under the plan. Your business will manage your DreamSpark® plan’s investment.
- Provide documentation of your rollover and investment and Pango will obtain a certified third party valuation for your new business to document your stock value.
- Send stock certificates.
- Provide you with a corporate book to document your C corporation and DreamSpark® plan establishment.
For more information on how the DreamSpark 401k rollover plan works, get in touch with us today. We’d be happy to help get you set up for the future!
Look at everything DreamSpark® has to offer...
Lowest price in the industry
just $3,995. Act now to save up to 20% below the competition!
Certified business valuation for new businesses
Low monthly maintenance plan
Customized retirement plan
24/7 online account management