Clients often tell me they hate paying taxes, but they hate losing money in the stock market more.
I tell them, there is a little known IRS approved strategy that the wealthiest top 10% of American Families, including the top 1% have been using for more than 20 years to cut taxes and preserve capital. A client called the Tax-Free IUL spectacular, a game changer! No downside risk. Tax-free income for life. Plus you earn a reasonable rate of return. He called it “The 401(k) Replacement!”
They’ll say, what’s the catch? I tell them there is no catch, but there a few tradeoffs most people can live with. In exchange for no downside risk, earnings in a given year are capped. Currently at 13% to 16%, depending on the index chosen.
A more detailed video looking back at the S&P 500 index, comparing a 401(k) invested in the S&P 500 index with a Tax-Free IUL invested in the S&P 500 Index, with a 14% cap and 0% floor. Bottom Line after 15 years: $8,300 Taxable 401(k) income vs. $23,000 Tax-Free Income in the IUL, and $150,000 Taxable 401(k) Assets vs. $254,000 Tax-Free Assets in the Tax-Free IUL. During this 15 year look back, the Tax-Free IUL produced more than 4.5 times more after tax income than the 401(k). Video shows how the tax-free IUL works. No downside risk. Gains are locked in annually. Share in market upside up to a 14% cap.
It has been called the Perfect Retirement Solution.
• You don’t lose money when the markets go down!
• Share in Market Upside when Markets go up!
• Earn Reasonable Rates of Return!
• Gains Locked In Annually!
• Tax-Free Penalty Free Withdrawals at any age!
• Tax-Free Income You Won’t Outlive!
More videos can be found at http://www.bruceecoxcpa.com
Bruce E Cox CPA
Bruce E Cox CPA