What if you could arrange to have your money make a rate of return linked to the returns of the stock market, but be guaranteed that you could not lose money if stocks went down? What if you could accumulate money in this fashion tax free? What if you could access the money in retirement tax free, and when you die it blossoms and transfers income — tax free — to your heirs or to chosen charities? It sounds almost too good to be true.
Well, there is such a vehicle and it makes tremendous sense as an alternative to the traditional 401K and IRA strategy that the pundits always recommend.
Why postpone tax if the likelihood is that tax rates will be higher in the future? Does anyone believe taxes are going to go lower with $12.3 trillion of national debt (estimated to rise to $20-$25 trillion in the next 10 years)?
What about the 78 million baby boomers currently entering retirement? That unfunded obligation is approximately $60 trillion for Medicare, Medicaid and Social Security-. It seems obvious that taxes will have to go up to services this ballooning debt.
A retirement vehicle that insulates one's assets from these wealth accumulation killers by seeking shelter from higher taxes and increasing market volatility is a prudent person's natural choice. Why expose yourself to market risk for the next 30 years only to give giant portions away to the government through the taxation of qualified retirement plans? What if you could have avoided the loss of almost 40 percent in 2008 with a solid 1- or 2-percent gain?
That may not sound that great, but it is better than most money markets or CDs were paying, and of course you would have beaten the market by around 40 percent. Any fund manager beating the stock S&P index by 40 percent would have been heralded a genius and lionized on Wall Street!
What is the vehicle and what's the catch? There really is no catch. Sometimes it requires a little research to take the path less traveled, but wouldn't it be worth it if you arrived at your destination more safely and with more resources for retirement? What can a maximum funded indexed life insurance contract do for you? When property structured in conformance with the IRS tax laws known by the acronyms TEFRA, DEFRA and TAMARA, it can turn into a wellspring of tax-free retirement income that lasts for your entire life. For more information, call Al Shapiro at (760) 431-1246.
Well, there is such a vehicle and it makes tremendous sense as an alternative to the traditional 401K and IRA strategy that the pundits always recommend.
Why postpone tax if the likelihood is that tax rates will be higher in the future? Does anyone believe taxes are going to go lower with $12.3 trillion of national debt (estimated to rise to $20-$25 trillion in the next 10 years)?
What about the 78 million baby boomers currently entering retirement? That unfunded obligation is approximately $60 trillion for Medicare, Medicaid and Social Security-. It seems obvious that taxes will have to go up to services this ballooning debt.
A retirement vehicle that insulates one's assets from these wealth accumulation killers by seeking shelter from higher taxes and increasing market volatility is a prudent person's natural choice. Why expose yourself to market risk for the next 30 years only to give giant portions away to the government through the taxation of qualified retirement plans? What if you could have avoided the loss of almost 40 percent in 2008 with a solid 1- or 2-percent gain?
That may not sound that great, but it is better than most money markets or CDs were paying, and of course you would have beaten the market by around 40 percent. Any fund manager beating the stock S&P index by 40 percent would have been heralded a genius and lionized on Wall Street!
What is the vehicle and what's the catch? There really is no catch. Sometimes it requires a little research to take the path less traveled, but wouldn't it be worth it if you arrived at your destination more safely and with more resources for retirement? What can a maximum funded indexed life insurance contract do for you? When property structured in conformance with the IRS tax laws known by the acronyms TEFRA, DEFRA and TAMARA, it can turn into a wellspring of tax-free retirement income that lasts for your entire life. For more information, call Al Shapiro at (760) 431-1246.