Retirement Plans such as IRAs, 401(k)s and 403(b)s are heavily taxed.
Did you know that if you withdraw $50,000 from your 401(k), the IRS could take $20,000?
Did you know that if you leave $500,000 in your 401(k) to your spouse or kids, the IRS could take $200,000 when they withdraw money?
Clearly, taxes are a wealth killer and the looming Retirement Tax-Traps can crush your retirement dreams if you are not prepared.
The Perfect Retirement Solution, also known as a Tax-Free Pension Alternative, Living Benefit Life Insurance and a Tax-Free IUL solves this wealth killer by eliminating taxes and penalties on withdrawals.
It has been called the perfect solution because:
You don’t lose money when the markets go down, so you are never digging out of an investment hole.
You share in market upside when the markets go up, subject to an annual market cap rate, currently 13% to 16%.
You’ll earn a reasonable rate of return.
Gains are locked in annually, so you never give back profits previously earned.
Withdrawals are tax-free penalty free at any age for any reason.
Call Bruce E Cox CPA at 800-955-7898 for more information and an illustration.