Your Retirement Account As Capital For Your Business?

Self Made: NASE's Blog

Blog With Us

Welcome to the Self Made. This is a blog focused primarily on the self-employed and micro-business and full of fantastic posts by not only our team of experts but by YOU!  We realize that there are many ways to help the small businesses out there which is why we invite other business minded individuals to post here and help the rest of the community as well.

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?]
The opinions expressed in our published works are those of the author(s) and do not necessarily reflect the opinions of the National Association for the Self-Employed or its members.

Courtesy of