NASE Blogs

Your Retirement Account As Capital For Your Business?

Mar 15, 2010
Posted by Molly Nelson - According to this post on Small Business Trends, "Seventy-four percent of small-business owners recently surveyed by consulting firm Information Strategies said they would use money from their 401(k) to maintain cash flow or to expand their businesses, Business Week reports."

Seventy-four percent seems like a lot of people to me, and this figure also alarmed post author Anita Campbell.  She outlines some scenarios in which using your retirement account for funding may (or may not!) be a good idea for your business.  

[Should You Tap Into Your Retirement Account to Fund Your Business?]