Equity Integration Services, Inc.
The Equity Planning Specialist™
The Equity Planning Specialist™
IRS Approved Private Plan
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"I'm proud to pay taxes in the United States,
but the thing is I could be just as proud for about half the money"
but the thing is I could be just as proud for about half the money"
Simon Godfrey
An IRS approved Private Plan under Internal Revenue Code 7702 (sections a-d) is an alternative choice to traditional qualified plans such as a 401k, 403b, 412i, SEP IRA, ROTH IRA, Keogh or other tax qualified plan. All traditional IRS qualified plans have restrictions and limits on how much an individual can contribute to their plan annually, and of the few loan options available there are strict rules and hefty penalties. Traditional qualified plans also have IRS penalties if you need income prior to age 59 1/2, or want to leave your money in your account past age 72. And finally, when you pass away any funds remaining in your traditional qualified plan is fully taxed prior to transferring to your heirs. Many people armed with the knowledge of how to properly structure a 7702 tax free Private Plan now refer to traditional qualified plans as "Uncle Sam's retirement plan, not mine."
Millions have saved in a variety of traditional IRS qualified plans and most Americans are deferring their tax bill for later, however they will likely eventually have to pay taxes on a much larger amount of money and in most cases pay much more in total taxes. Historically the logic has stated that retired individuals will be in a lower tax bracket than they were in their income producing years and ultimately will pay less taxes on their savings by deferring the tax bill. However our Nation faces record debt, stratospheric war costs and the first of over 78 million baby boomers retired in the spring of 2008 testing the Social Security system's ability to support the largest generation to ever retire. What do you think? Will taxes go up, will taxes go down or will that dreaded bill just stay the same? Properly structured, the income from a Private Plan is never taxable under rule 7702, and any funds remaining in your account is passed to your heirs income tax free.
A properly structured 7702 Private Plan is THE little known opportunity for individuals to create true tax free retirement income, and earn market returns without any market risk.
Millions have saved in a variety of traditional IRS qualified plans and most Americans are deferring their tax bill for later, however they will likely eventually have to pay taxes on a much larger amount of money and in most cases pay much more in total taxes. Historically the logic has stated that retired individuals will be in a lower tax bracket than they were in their income producing years and ultimately will pay less taxes on their savings by deferring the tax bill. However our Nation faces record debt, stratospheric war costs and the first of over 78 million baby boomers retired in the spring of 2008 testing the Social Security system's ability to support the largest generation to ever retire. What do you think? Will taxes go up, will taxes go down or will that dreaded bill just stay the same? Properly structured, the income from a Private Plan is never taxable under rule 7702, and any funds remaining in your account is passed to your heirs income tax free.
A properly structured 7702 Private Plan is THE little known opportunity for individuals to create true tax free retirement income, and earn market returns without any market risk.
With your own properly structured 7702 Private Plan there are:
NO contribution limits
NO pre 59 1/2 IRS or State Penalties
NO withdrawal requirements
NO loan limits or repayment requirements
NO contribution limits
NO pre 59 1/2 IRS or State Penalties
NO withdrawal requirements
NO loan limits or repayment requirements
If you needed to borrow money from your traditional qualified plan and you lost your job for any reason (including your employer going out of business) your qualified plan loan must be paid back immediately. A Private plan offers you the flexibility of being your own bank, and paying yourself back at any time, or never at all!
Properly structured Private plan income is 100% TAX FREE
The remainder of your account is passed to your heirs TAX FREE
Funds in your Private Plan are guaranteed, you cannot lose value if the stock market goes down, but you earn interest based on stock market gains. Earn market returns without market risk!
Fund completion is guaranteed for a surviving spouse
The remainder of your account is passed to your heirs TAX FREE
Funds in your Private Plan are guaranteed, you cannot lose value if the stock market goes down, but you earn interest based on stock market gains. Earn market returns without market risk!
Fund completion is guaranteed for a surviving spouse
The number one question we are asked is "How can a Private Plan earn market returns without market risk?" You will find the answer is very simple, but don't ask your CPA or Financial advisor because there are no stocks or bonds to trade, therefore no trading commissions to earn. A good way to learn how the plan works is to see a hypothetical chart of a market index, there is one right here.
Contact us today for a free Private Plan retirement illustration and information on how to properly structure your own personal tax free 7702 Private Plan.
Contact us today for a free Private Plan retirement illustration and information on how to properly structure your own personal tax free 7702 Private Plan.