27. Non-Traditional Ways to Fund Your Startup with Doll Lank

Are you considering launching a start-up but unsure how you’ll come up with the funding? Are you currently looking at options to bring to life the next stage of your business and grow?

A ROBS transaction might be the answer you’ve been looking for.

In this episode Malcolm Ethridge sits down with Doll Lank, partner at KLB Benefits Law Group, to discuss different types of plans ERISA offers and the unique ROBS funding technique for C corporations. Doll shares the risks and benefits of ROBS plans and how they allow you to use your retirement savings to fund your start-up.

Doll Lank discusses: 

  • The different types of retirement plans eligible for a ROBS transaction and what role ERISA plays in the transaction
  • What types of businesses are eligible to use a ROBS and which ones are not
  • The risks and benefits you must take into account when considering a ROBS transaction to fund your business
  • The importance of seeking good guidance and working with a professional to help you avoid ERISA violations
  • And more

Connect With Doll Lank:

Connect With Malcolm Ethridge:

About Our Guest:

Dorothy “Doll” Lank, a co-founder of KLB Benefits Law Group, is experienced in advising employers on their benefits plans, with a focus on qualified retirement plans, particularly so-called “ROBS” plans. Before focusing on ERISA, she worked in prohibited transaction law, and employee benefits, Doll practiced general business law including entity formation, mergers & acquisitions, nonprofit law, real estate, land use, local government law, and even water law. Doll’s main interest is in helping clients progress toward their financial goals in a range of circumstances involving tax qualified benefits, from the correction of an employer plan failure, to avoiding a prohibited transaction, to the impact of an acquisition on a company’s benefits.

About the Author
Malcolm Ethridge is a CERTIFIED FINANCIAL PLANNER™, speaker, blogger, and self-proclaimed personal finance nerd. His areas of expertise include retirement planning, investments, tax planning, insurance, equity compensation, and other executive benefits. He leverages that expertise to help senior managers and executives in tech make sense of some of the most complex financial situations that working professionals tend to face.

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