The Rainmaker Plan
The Rainmaker Plan revolutionized the small business finance industry by helping entrepreneurs access their retirement funds to invest in their own new business, without any tax penalties. Here’s how it works:
- Establish a corporation and a customized retirement plan for that corporations.
- The funds from your existing retirement plan are rolled over into your new corporation’s customized retirement plan, all under your control.
- Your new customized retirement plan purchases stock in your newly established corporation.
- Your new corporation now has the capital to start, purchase, or recapitalize a business or franchise.
The Rainmaker Plan is a safe, proven plan based on long-standing provisions of the Internal Revenue Service. And as featured in Inc. magazine, Benetrends is the expert at managing the process – with retirement plan specialists who go the extra mile to ensure the client remains compliant with the tax laws. The fact that Benetrends have successfully managed thousands of these transactions without one disqualification guarantees it. That’s why Benetrends stands behind the Rainmaker Plan, with the industry’s strongest written guarantee for plan design, and they provide this guarantee up front to each and every one of our clients. Funding is usually secured within ten days. The business owner can use the capital to receive a salary during start-up, and tax-deductible retirement savings of up to $200,000 a year can be set aside. Benetrends provide all the legal, business-structuring and consultation services required, included in one flat fee.