DRDA has helped thousands of entrepreneurs since 2003 to secure their business acquisition financing via the BORSA™ Plan.

We teach this concept to lenders across the country so they may help their borrowers realize their dream of business ownership. If you’d like to learn more about using retirement funds tax and penalty free click on the button below and let's get started.

WHAT IS BORSA™?

BUSINESS OWNER RETIREMENT SAVINGS ACCOUNT

BORSA™ is a plan developed by DRDA CPAs & Business Consultants

BORSA™ is a program for clients seeking alternative financing using their qualifying retirement account, known as a ROBS Plan by the IRS. A ROBS Plan is a self-directed 401(k) plan which allows an individual access to their qualifying retirement funds TAX and PENALTY FREE to be used as equity for a business start-up, acquisition, or as capital for an existing business.

The BORSA™ Difference

What makes the BORSA™ Plan so unique is in the execution. The ROBS Plan is the foundation for the DRDA BORSA™ Plan, but that is where the similarities stop. The BORSA™ Team will guide and assist you throughout every step and compliance to establish a new C-Corporation, instituting a self-directed 401(k) plan, initiating the rollover and investment into the corporation, which then issues stock to the new 401(k) plan and trust. All professional processes and documentation are provided by the BORSA™ team, with additional resources to get your business up and running with success.

REQUIREMENTS

Qualifying requires a minimum of $50,000 in a retirement account from a previous employer.

COMPLIANCE

We work with you to ensure all processes and documents are accurately adhered to and accepted by the IRS and DOL.

TIMELINE

From the time of initiating the plan until receiving funds will take 30 days; however, we will continue support and monitor all compliance requirements.

RESOURCES

As CPAs and Business Consultants, DRDA can assist you with QuickBooks reporting and any challenges your company may face. We will give you the tools to succeed.

THE BORSA™ PLAN IN ACTION

STEP

1

STEP

2

STEP

3

STEP

4

STEP

5

Form a C Corporation

Establish a 401(k) Profit Sharing Plan

Rollover your Personal Retirement Account into The New Corporation 401(k) Profit Sharing Plan.

The Plan uses Funds to purchase stock in the Corporation.

The proceeds from the sale of stock are used to buy a new business, buy an existing business, or recapitalize a business.

What Our Clients Are Saying

"This is an intriguing option for folks existing in the corporate world and either starting or buying a business."

Becky Fuller

Local Job Creator
"We use DRDA to do our 401k rollover work. I find them to be more sophisticated... and they are less expensive."

Charles Barnett

The Barnett Capital Group, LLC
"DRDA was able to help me recapitalize my sports agency using the BORSA™ Plan. They were there every step of the way and their expertise is unmatched."

Curtis Dishman

"Most of my clients are first time participants in programs like BORSA™ and the knowledge and expertise of DRDA, helped walk them through the process of using their retirement funds for purchasing a business penalty free."

Mark Kincannon

We help our clients define and achieve their goals with a suite of services not available from traditional CPA firms.

1120 Bay Area Blvd, Houston, TX 77058

Monday - Friday 8am - 5pm CST

Main: (281) 488-2022
Fax: (281) 488-5764

bryan.uecker@drdacpa.com

Contact Us

  • We are here to help

    What is on your mind? If you have any questions about our plan, please ask and we will respond within 24 hours.

DRDA
CPA"s & BUSINESS CONSULTANTS

DRDA is a proactive CPA firm offering guidance and support so you can achieve your business and financial goals.

1120 Bay Area Blvd,
Houston, TX 77058

Phone: 281-488-2022

Email: info@drdacpa.com

DRDA, PLLC BBB Business Review

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