Increased taxes on future income ads additional risk to successfully creating financial security for retirement. A virtual blank check promised to the Medicare System is one of many indicators that income taxes will go up in the near future. If you are deffering taxes today in a tax qualified plan, you will likely pay a much higher tax bill in the future than if you would have just paid the low tax rate of today. A 7702 Private Plan is similiar to a ROTH, after tax dollars are invested creating tax free income. Unlike a ROTH, the cash values in a 7702 Private Plan are accessable for any reason without creating a taxable event regardless of age.
The exceptional liquidity of a 7702 Private Plan allows you the liquidity to begin funding your own credit purchases. Instead of borrowing money from the bank for a car loan, you borrow from yourself. The interest you would have paid to the bank is paid into your private plan. This private banking feature of a 7702 Private Plan allows you to divert interest that would have gone to a bank into your retirement lifestyle for purchases such as car, home, recreational vehicle, aircraft, business expansion and more. Private banking is a very powerful financial tool, a female at age 30 who self finances an average car purchase every 5 years will have the potential to increase her retirement nestegg by over $100,000 without paying additional money. The secret to a supercharged retirement is to take the interest you would normally have paid to a bank or a credit card on a loan and divert those dollars back into your retirement account. No other plan allows you this key strategy to increase your retirement potential. During your first conversation with a 7702 Private Plan specialist we will answer your questions and provide ideas on how you can put the concept of private banking to work for you, contact us today.
Are you inclined to think that income taxes will go up in the future? Would you like to earn market based gains without the possibility of market losses? If you are reasonably healthy and willing to take a physical exam then a 7702 Private Plan might be the right solution for your retirement plan. Contact Us to schedule a free no obligation telephone consultation.
The exceptional liquidity of a 7702 Private Plan allows you the liquidity to begin funding your own credit purchases. Instead of borrowing money from the bank for a car loan, you borrow from yourself. The interest you would have paid to the bank is paid into your private plan. This private banking feature of a 7702 Private Plan allows you to divert interest that would have gone to a bank into your retirement lifestyle for purchases such as car, home, recreational vehicle, aircraft, business expansion and more. Private banking is a very powerful financial tool, a female at age 30 who self finances an average car purchase every 5 years will have the potential to increase her retirement nestegg by over $100,000 without paying additional money. The secret to a supercharged retirement is to take the interest you would normally have paid to a bank or a credit card on a loan and divert those dollars back into your retirement account. No other plan allows you this key strategy to increase your retirement potential. During your first conversation with a 7702 Private Plan specialist we will answer your questions and provide ideas on how you can put the concept of private banking to work for you, contact us today.
Are you inclined to think that income taxes will go up in the future? Would you like to earn market based gains without the possibility of market losses? If you are reasonably healthy and willing to take a physical exam then a 7702 Private Plan might be the right solution for your retirement plan. Contact Us to schedule a free no obligation telephone consultation.
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 trigger State and Federal penalties if you need income prior to age 59 1/2. And similair penalties are trigged at age 72 if you are not withdrawing enough for the IRS to tax. There are many resons to choose a risk free 7702 Private Plan, for many it is safety and peace of mind.
Recent National media stories (video) have highlighted the dangerous financial situation America is faced with as the first of 85 million baby boomers began collecting their Social Security retirement check in January of 2008.
Recent National media stories (video) have highlighted the dangerous financial situation America is faced with as the first of 85 million baby boomers began collecting their Social Security retirement check in January of 2008.
Highlighted features in a quality 7702 Private Plan:
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!
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, no 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, no market risk.
Fund completion is guaranteed for a surviving spouse
At first glance a retirement plan that allows you full access to cash values, earns interest based on market gains but without the market risk and is 100% tax free may seem complicated or counter intuitive. The systems that are in place to protect your money are backed by the insurance industry, one of the strongest industries in the Country. Many of the companies that we work with have been in business since before the Great Depression and have developed a conservative long term success formula for creating wealth consistently and 100% tax free.
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.
A 7702 Private Plan uses IRS Tax Code section 7702(a) to combine the tax free income of a life insurance pollcy with the financial market opportunity of a major stock market index to provide a superior tax free retirement income that cannot be outlived when structured properly.
Contact Us to request a free no obligation 7702 Retirement Illustration and see how much tax free income your own Private Plan can generate for you then compare our proposal to the after-tax income from your 401k, IRA, ROTH, or other traditional IRS Qualified Plan..
Contact Us to request a free no obligation 7702 Retirement Illustration and see how much tax free income your own Private Plan can generate for you then compare our proposal to the after-tax income from your 401k, IRA, ROTH, or other traditional IRS Qualified Plan..
NO contribution limits
NO pre 59 1/2 IRS or State Penalties
NO withdrawal requirements
NO loan limits or repayment requirements
NO pre 59 1/2 IRS or State Penalties
NO withdrawal requirements
NO loan limits or repayment requirements
Retire with tax free income from a 7702 Private Plan
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