Are retirement accounts a viable funding source for your business?

04/11/2013 | New York Times (tiered subscription model), The

A technique called ROBS -- Rollover as Business Start-Ups -- can allow you to use the money in your retirement accounts to launch a new company, writes Josh Patrick, a founder and principal at Stage 2 Planning Partners. But the practice appears to be in a legal gray area, and it could expose you to significant tax liability later on, he cautions. "Under the circumstances, I don't believe I would recommend ROBS for one of my clients," he writes.

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New York Times (tiered subscription model), The

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