A Business Directed Retirement Account (BDRA)

is a structure which allows access to retirement assets for your business.

Who can use a BDRA?

BDRA Timeline

1-2 weeks to incorporate your business.  The entire process generally takes about 3-4 weeks

Frequently Asked Questions

Can I be employed and still have a BDRA?

It depends on the type of retirement account you have. Typically clients with a 401(k), 403(b), or 457(b) retirement account are required to no longer be employed with the company to access their funds. If a 401(k), 403(b), or 457(b) is with a previous employer, you will likely be able to remain employed and still go through the program.

Do I have to invest all of my retirement account?

No, the amount you invest is completely under your control. Let’s say you have $500k in your retirement account but only need $250k. We can rollover the $250k and leave the rest untouched. Additionally, you can rollover the total amount and invest half in your company and the other half into traditional investments such as stocks, bonds, and mutual funds.

Can I do this on my own?

Technically, anyone can do this on their own. However, the cost would be comparable to the fee we charge. Additionally, finding the right people to complete this transaction would take time away from focusing on your business. We can complete this process in 2 to 6 weeks while you focus on growing your business.

Can I use the retirement account my spouse, investor, or colleague?

This is possible in many cases, but we would like to make sure this is the best solution for you.

Is the BDRA a loan?

No, this is not a loan. You will be investing your own retirement assets into your new business. As the business grows, so will your retirement account. If the company is successful, your stock is successful.

What if I have more than one retirement savings account?

This is not a problem. We can consolidate multiple retirement accounts and transfer the total amount.