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A robocall is an automated telephone call initiated by an autodialer for delivery of a prerecorded message. Robocalls are used for a wide variety of communications including public service announcements, appointment reminders, marketing, advertising, opinion polls and political campaigns. Theyâre also often used illegally for phone scams.
The tax and penalty significantly reduce the money available. The solution may be a Rollover as Business Startups (ROBS) plan, sometimes called a Business Owners Retirement Savings Account (BORSA). The Entrepreneur Rollover Stock Ownership Plan (ERSOPÂ®) is a commercially available system designed for the same purpose.nderstanding ROBS. A ROBS is created by rolling over existing funds from a 401(k), 401(a), 403(b), 457 plan, or IRA into a qualified defined contribution plan (usually a pre-approved prototype profit-sharing plan) without triggering taxes, penalties, or interest.