FAQ
Frequently asked questions
Who is this site for?
SBC Business Exit & Retirement Education is for business owners considering a sale, owners who sold this year, and people who sold in earlier years. It provides general education, not individualized advice.
Is this financial, tax, or legal advice?
No. Everything here is general education. It does not consider your circumstances and is not a recommendation. Decisions should be made with qualified professionals you select.
I sold my business years ago. Is this site for me?
Yes. Prior sellers are fully welcome. Many retirement income, Social Security, Roth, and legacy decisions happen long after closing.
What happens when I submit the quiz?
The site saves your ZIP code, answers, investable-asset range, name, email, and phone to calculate your Exit Readiness Score, show related education, and support follow-up. Some results include a LeadConnector calendar for a 15-minute call. Other results include educational links.
Do you coordinate with my tax team?
Intended tax-team coordination is not available. It is pending provider configuration, and no coordination is offered at this time.
Is there a deadline to act on tax opportunities?
There is no universal deadline. Some opportunities depend on events before a sale is agreed, some on the current tax year, and some on later years. Your CPA can tell you which apply to you.
Can I put my sale proceeds into a Roth IRA?
Not as a regular contribution based on the proceeds alone. Regular contributions require taxable compensation and are subject to annual limits. A Roth conversion from an existing traditional IRA has no compensation requirement and no annual cap, but the conversion is generally taxable.
Will I have to take RMDs from my sale proceeds?
Required minimum distributions apply to tax-deferred retirement accounts, not to sale cash or ordinary taxable investment accounts.
Do you have offices in the cities in your guides?
No. The state and city guides are educational articles. They do not represent local offices, in-person services, or local representatives.
How is quiz information used?
Submitted quiz information is used to provide educational results and follow up by call, text, or email as described beside the submit button. Lead alerts are emailed to the SBC team. See the Privacy Policy for storage, retention, and LeadConnector scheduling details.
Does the quiz provide financial advice?
No. It helps identify educational topics to explore. It does not assess suitability, recommend a product, or replace advice from professionals you choose.
Take the quiz: get your Exit Readiness Score
Answer seven questions to see your score and related education. Some results include an optional 15-minute call calendar.