Larry Carnell, of Benetrends Inc, will speak to us about a new approach to the financial acquisition of a business, which is ideal for businesses that are expected to appreciate in price. The RAP plan allows for a post-tax retirement plan investment in a business, which means that the business appreciates tax free. It’s like owning a business inside of a Roth IRA so that when you sell it, the gain is non-taxable, which is especially advantageous if you expect higher gains tax rates in the future. This approach to purchasing a business also provides personal liability protection on the business as well.

According to Larry Carnell, the RAP plan is preferred up to 5:1 over ROBS and decreases ANNUAL taxes up to 40%+ while providing superior life-long wealth protection and up to DOUBLE net inheritance for spouse and children versus traditional retirement asset funding (ROBS) options. This innovative industry changing funding and structure strategy was featured on the cover of the Banker's Magazine and keynote presentation at a national CPA conference.

The meeting will also include a networking portion with two breakout rooms for the first fifteen minutes of the meeting for members to continue to build relationships with each other.