Stay Away from 401(k) — A Safer and more Lucrative Alternative is Available.native

A 401(k) ALTERNATIVE

Insan­ity is doing the same thing you have been doing and

expect­ing dif­fer­ent results.

Ein­stein.

My main con­cern is  preser­va­tion of cap­i­tal, safety and guar­an­tees for your money.

If you like to take risks, what I sug­gest prob­a­bly won’t inter­est you.

BOSS_age65_model


So, stay away from the 401(k). Don’t take my word for it – watch all these videos and see what oth­ers have to say about retire­ment accounts. Stop the Insan­ity peo­ple. There is a safe and secure alter­na­tive. Banks, Cor­po­ra­tions and Col­leges have been using it for years. Now you should use it as well. See more videos below about this incred­i­ble alternative.

1. 60 min­utes – CBS – 401(k) Fall­out – Video

2. CBS News – The cre­ator of the 401(k) stated the pro­gram just isn’t work­ing - In 1980 Ted Benna cre­ated the 401(k). He now says the strat­egy of diver­si­fy­ing just doesn’t work.

3. TIME in part­ner­ship with CNN - It is time to retire the 401(k) – Video

What is so entic­ing about the 401(k)? There much bet­ter alter­na­tives for mak­ing cer­tain your retire­ment is going to allow you to con­tinue liv­ing the lifestyle you enjoy now?

1.  Tax deferred growth is con­stantly touted as a ben­e­fit – Let’s take a closer look at what this actu­ally means: Isn’t the IRS say­ing – you don’t have to pay taxes on this bag of seed you put into your retire­ment account now, but, when you take out that bag of seed that has grown into 20 bags of har­vest, then you have to pay tax on the whole twenty bags. O.K. ? And that is what we are all encour­aged to do, and do do.

Tax Deferred is great when there is a way to have tax deferred growth AND have access to that growth tax free as well. Keep read­ing to find out how.

BOSStax.deferred

Some facts about 401(k)’s

1.  Employer matches or at least adds funds to your plan –This is a tax deduc­tion for them and means they pay you less money.

2.  Must pay penalty for using money before you turn 59 1/2 – too bad that it is your money. You must pay to have any use of it because while you are using it, they are no longer able to lend it or invest it to make them­selves profits.

How could you be using that money dur­ing your life­time instead of being taught that you are not dis­ci­plined enough or too stu­pid to be able the best use of your own money. Learn how to multi-task your money and have con­trol of your money. I am happy to share some per­ti­nent infor­ma­tion with you so you can be in con­trol of your money. You are smart enough.

3.  * 401(k) is only 30 years old. It is a bro­ken sys­tem. 28.3% losses in 2008.
* Social secu­rity is 70 – 75 yrs old. Can­not sus­tain itself
16 pay­ing for 1 retiree, now 3.5 pay­ing for 1 retiree + work 5.9  yrs longer now.
* 82% of 65 year olds only have an aver­age value of $182,213 in their IRA. Every IRA has an IOU to the IRS – 25% will go to taxes. How many years will what’s left last?

4.   You have no con­trol of your money after you put it in this account. Who decides where it is invested and how much growth it will earn or lose? Do you know?

5.  There is no guar­an­tee at all that you will not lose your prin­ci­pal or accrued interest.

6.  Must pay taxes on all growth as well as the prin­ci­pal when with­drawn. Most peo­ple are still hav­ing to work, to at least age 65 so with­draw­ing this money increases your income. Do taxes usu­ally go done over time?

7.  You never know how much you will have upon your retire­ment. This is really help­ful for plan­ning your future, …NOT.

8.  Who can even afford to put enough (extra) money away for retire­ment so you will be able to lead the type of lifestyle you are lead­ing now?

9. It is time to stop giv­ing your money away for other peo­ple to use at their will and start being in con­trol of your own money. There is a much safer, much more sta­ble, time-tested for a longer period of time, and has much more growth. Do your­self a favour and at least look into this system.

Supe­rior Alternative

A Div­i­dend Pay­ing Whole Life Insur­ance with Spe­cific Rid­ers and Design is the solu­tion. Only ONE Par­tic­u­lar Patent Pend­ing Pol­icy Will Work Best. Call me to see which one I recommend.

Here is some gen­eral edu­ca­tional infor­ma­tion about WLI. – Video

CNBC Inter­view on Insur­ance as a new asset class for the Gen­eral Public. – Video

Galve­ston County, Texas – A model for Social Secu­rity reform – Insur­ance has bet­ter results than Social Security

A Patent Pend­ing Pol­icy Offers all the advan­tages you see below and more.

BOSS.One.Simple.SystemFILL OUT THIS FORM AND EMAIL IT TO ME SO YOU CAN HAVE A FREE ILLUSTRATION DONE OF YOUR FINANCIAL SITUATION.

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Estate Tax Laws Have Changed for 2010 & 2011

Min­i­mize Taxes For Your Beneficiaries.

Many peo­ple feel they do not need a will because their tax­able estate does not exceed the amount allowed to pass free of fed­eral estate tax. These assump­tions, how­ever, should be reviewed given the cur­rent state of change in the fed­eral estate tax laws. The fed­eral estate tax laws in 2009, 2010 and 2011 are vastly dif­fer­ent, for the moment and, there­fore, it is impor­tant to have your will reviewed and updated as nec­es­sary this year.

Most wills were writ­ten with the exis­tence of a fed­eral estate tax. How­ever, due to a loop­hole in the law, both the fed­eral estate tax and the gen­er­a­tion skip­ping trans­fer tax were repealed at the end of 2009, leav­ing 2010 with­out either of these taxes. There is still the gift tax, with the exemp­tion of $1,000,000 dur­ing your life­time, but the tax rate is reduced to 35% in 2010. (In 2009, this rate was 45% and 2011, it will increase to 55%. For both years, the gift tax exemp­tion remains at $1,000,000.)

The fed­eral estate and gen­er­a­tion skip­ping trans­fer taxes, how­ever, are both sched­uled to return in 2011 at much less favor­able rates than seen in the past 10 years. In 2011, the estate tax exemp­tion amount will be $1,000,000 with a tax rate of 55% on the remain­ing estate. This com­pares to the 2009 exemp­tion amount of $3,500,000 with a tax rate of 45%. Many pro­fes­sion­als believe that Con­gress may retroac­tively reestab­lish the 2009 estate tax struc­ture for 2010. This, how­ever, remains to be seen.

Hav­ing your will reviewed dur­ing these chang­ing times is impor­tant as the tax con­se­quences have changed and unan­tic­i­pated taxes could arise. (For instance, inher­ited assets sub­ject to cap­i­tal gain taxes.)

Fur­ther, your tax­able estate may be larger than you think. For exam­ple, life insur­ance, qual­i­fied retire­ment plan ben­e­fits and IRAs typ­i­cally pass out­side of a will or of estate admin­is­tra­tion. But retire­ment plan ben­e­fits and IRAs (and some­times life insur­ance) are still part of your fed­eral estate and can cause your estate to go over the thresh­old amount. Also, in some states, the estate or inher­i­tance tax dif­fers from the fed­eral laws. A prop­erly pre­pared will is nec­es­sary to imple­ment estate tax reduc­tion strategies.

Tip: Changes in the estate tax laws and in the size of your estate may war­rant a re-examination of your estate plan.

Pre­cise Tax & Account­ing, LLC

Con­tact me at (845) 649‑7487 for con­tact infor­ma­tion for Pre­cise Tax & Accounting,LLC



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Banking Strategies Revealed — Live Webinars — Sign-up NOW!

REGISTER BELOW. NO CHARGE.


My goal is to empower you to take con­trol of your finances by pulling back the cur­tain to reveal  behind the scenes of the finan­cial indus­tries secret place, where their strate­gies and tac­tics are hiding.

My hope is that after this webi­nar you will never see your finances in the same way again.

That you will under­stand, how right now, you are a loaner of your money but you will know how to be the owner of your money. You will learn life chang­ing infor­ma­tion like the following.

1. Turn a pay­ment lia­bil­ity, life insur­ance pre­mium, into a wealth build­ing asset.
2. Turn a depre­ci­at­ing asset, car, into an appre­ci­at­ing asset.
3. Have liq­uid­ity, access and con­trol of your money.
4. Build a secure retire­ment with­out risk of loss.
5. Can­cel debt inter­est while build­ing a retire­ment.
6. Recap­ture prin­ci­pal and inter­est pay­ments on loans.
7. Earn income that is never taxed.
8. Leave a legacy for your loved ones that is not tax­able.
9. Multi-task your money instead of Uni-tasking.
10. Law­suit, cred­i­tor and judg­ment pro­tec­tion for your money.

Read the rest of this entry »

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Whole Life Insurance vs Social Security

Whole Life Insur­ance vs Social Security – Galveston

Did you know that in 1983 con­gress changed the laws so that other coun­ties could not copy what Galve­ston had done 2 years ear­lier. Galve­ston County (like a few oth­ers before it) pulled out of the Social Secu­rity sys­tem because they found a safer and more flex­i­ble and lucra­tive way, for the aver­age per­son, to save for retirement.

Is this bla­tant proof that con­gress does not make deci­sions based on what is best for the peo­ple of the United States of Amer­ica? Yes it is.

Some may say that they did so because Whole Life Insur­ance was not good. It has been given a bad name and a bad wrap from the finan­cial guru’s but that is because they either 1. Do not look at it’s value, only it’s cost 2. do not under­stand how to use it prop­erly and/or 3. they are receiv­ing cash to edu­cate the pub­lic in a cer­tain way.

Read here a report after 24 years of using this sys­tem how whole life insur­ance has far out paced what social secu­rity would be offer­ing these same peo­ple, had they not opted to get out of the system.

Of course, if reg­u­lar old whole life can out­weigh the ben­e­fits of social secu­rity, imag­ine what a spe­cific whole life pol­icy that has been designed with cer­tain rid­ers to increase the cash value and the tax advan­taged growth to the super­charge level could do for your retirement.

If you want pre­dictabil­ity, guar­an­tees, secu­rity and tax advan­tages in your retire­ment; while pro­vid­ing an emer­gency fund and loan pro­vi­sions for per­sonal or busi­ness ven­tures through out your life, all with the same money, con­tact me today – Jen­nifer @ 845 – 649-7487

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Life Insurance, an asset class for general public for your Portfolio.

Watch this CNBC inter­view about how Life Insur­ance is a safe asset that should be con­sid­ered for your port­fo­lio. You can be sure of a beyond decent return.

It is now an asset class for the gen­eral pub­lic. It has always been for banks, cor­po­ra­tions and col­lege endowments.

6 rea­sons to add life insur­ance as one of your assets, accord­ing to the CNBC interview.

1. High Rates of Return.

2. Mor­tal­ity is reces­sion proof.

3.Tax Free Gains.

4. Not cor­re­lated to stock market

5. Can be used for Charity.

6. Safe bet long term invest­ment with high inter­est rates, vir­tu­ally no volatil­ity and it has a lot of liq­uid­ity dur­ing your lifetime.

Whole Life Insur­ance is not bad if you under­stand how it works.

Why I offer Div­i­dend Pay­ing Mutual Whole Life and NOT Uni­ver­sal Life or Equity Indexed Uni­ver­sal Life for the best ‘liv­ing ben­e­fit’ asset?

1.  UL & EIUL have too many mov­ing parts and they are tied to fluc­tu­at­ing mar­ket index.
2.  They have not been around long. Whole Life has been around for over 150 years.
3.  Top 3 largest insur­ance com­pa­nies do not offer UL or EIUL because they are too risky. Banks shift risk away from them­selves, so do what banks do.
4.  Again, Do what banks do – one of their base reserves or tier one assets is cash value mutual life insur­ance poli­cies, because they are safe and secure.
5.  Most impor­tantly – UL & EIUL do not offer paid-up addi­tions which are what dri­ves the best choice insur­ance policy’s growth. The best choice is the one and only one I offer because noth­ing can beat it. If you bor­row $25,000 from a UL pol­icy and then pay your­self back, you get no addi­tional PUA, insur­ance which is paid up for life with a one time pre­mium.
6. C.O.I. Cost of insur­ance. With UL the cost starts low but gets more expen­sive as you age which becomes a drag on the cash value over time.
7. Div­i­dends are based and paid on the Face Amount, not the Cash Value amount.

The insur­ance pol­icy I offer has three major unique advan­tages you will not find any­where else.

1.  How do you make the most of your pol­icy as your own bank­ing sys­tem?  We have a unique edu­ca­tion sys­tem.  20 cd’s and 365 page book that teaches you how to use your life insur­ance pol­icy like your own bank. This is optional and is not needed to use the policy.

2.  No one else has the pro­pri­etary blend that cre­ates 70% cash value from day one of your pol­icy. This is such a huge advan­tage. Reg­u­lar poli­cies offer zero cash value for 2 years and a few hun­dred in years 3 or 4.

3. No one has the capa­bil­ity of merg­ing this spe­cific pol­icy with the award win­ning soft­ware sys­tem for finan­cial guid­ance and track­ing with life­time, live help from the com­pany except us.

Call me today to get your free of charge illus­tra­tion. At least take a look before form­ing an opin­ion based on hearsay, spam or your past expe­ri­ence. (845) 649‑7487.

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Tale of Two Brothers — tax deferred investment

Seven years makes a huge dif­fer­ence to your wealth accu­mu­la­tion. So don’t wait. Start your own bank­ing sys­tem as soon as you can. Fill out this form and email it to me today. No charge to take a look.

taleoftwobrothers

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Best Life Insurance Policy Ever.

I chal­lenge you to let me know of any finan­cial vehi­cle that can beat this div­i­dend pay­ing whole life pol­icy, with a mutual com­pany, in it’s growth poten­tial, it’s safety and secu­rity, it’s funds availability/liquidity, it’s tax advan­tages and it’s liv­ing and legacy benefits.

This is a Wall Street Alter­na­tive and I know of no other finan­cial vehi­cle that is as good as this as a liv­ing ben­e­fit that can be used like your own bank that has a death ben­e­fit to top things off. Let me explain the num­bers below.

Bill_4pillars

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Mathematics for the Love of God — here is 101% proof

Math­e­mat­ics for the Love of God – here is 101% proof

Beauty of Mathematics !!!!!!!

1 x 8 + 1 = 9
12 x 8 + 2 = 98
123 x 8 + 3 = 987
1234 x 8 + 4 = 9876
12345 x 8 + 5 = 98765
123456 x 8 + 6 = 987654
1234567 x 8 + 7 = 9876543
12345678 x 8 + 8 = 98765432
123456789 x 8 + 9 = 987654321
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WALT DISNEY USED FUNDS FROM HIS LIFE INSURANCE POLICY TO BEGIN MANIFESTING HIS DREAM.

WALT DISNEY USED FUNDS FROM HIS

LIFE INSURANCE POLICY

TO BEGIN MANIFESTING HIS DREAM.

Walt Dis­ney bor­rowed money from his life insur­ance pol­icy after the bank refused to lend him money to start a theme park, which is now the world famous Dis­ney­Land.BOSS_Walt_Disney Read the rest of this entry »

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Turn a depreciating asset into an appreciating asset.

Turn a depre­ci­at­ing asset into an appre­ci­at­ing asset.

A sim­ple and com­mon car pur­chase example:

Car cost $25,000  – term 4 years  – inter­est 7.87%

1) Finance car through bank or other lend­ing institution;

After 4 years you have paid the bank $25,000 + $4,222 = $29,222.00 prin­ci­pal and interest.

Sup­pose depre­ci­ated value of car is now $9,000, sub­tract that from total cost and that means this trans­ac­tion cost you $20,222.

2) Finance car through your own bank­ing sys­tem. Read the rest of this entry »

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Multi-Task Your Money By Understanding Core Banking Principals and Tier One Assets.


Multi Task Your Money by Under­stand­ing Core Bank­ing Principals

and Tier One Assets

It seems to me that what we are con­stantly being taught to do with our money is exactly what is best for the finan­cial insti­tu­tions. They have their prof­its in the fore­front of their advice to their cus­tomers. You and only you have your own best inter­est at heart and so it is imper­a­tive for you to make the effort to under­stand bank­ing prin­ci­pals and con­cepts so you can do what the banks do, not what they tell you to do.

We seem to be con­stantly advised to put our money here and put our money there which is divid­ing up our money and hav­ing it per­form one action/advantage at a time. We are taught to UNI-TASK our money and are sold mul­ti­ple prod­ucts to ser­vice this the­ory instead of solutions.

Look at the fol­low­ing finan­cial vehi­cles with two ques­tions in your mind – Who has the most use and con­trol of my money and how liq­uid is my money to me in this vehi­cle? Read the rest of this entry »

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Protected: cd # 20

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Home Equity Line of Credit — Use to Pay Off Your Mortgage

One Year Exam­ple of how to use your

Home Equity Line of Credit

to pay off your mortgage.

The way mort­gage inter­est is cal­cu­lated ver­sus the way a home equity line of credit inter­est is cal­cu­lated is a major rea­son why one can actu­ally use a home equity line of credit to pay off a mort­gage much faster while can­celling boat loads of inter­est charges as well.

Below is a list of 5 dif­fer­ences in the make up of these two home loans. MMA-5-differences-heloc-mortg Read the rest of this entry »

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Interest — Rate vs Cost using 6% Mortgage and 10% HELOC.

Inter­est – Rate vs Cost using 6% Mort­gage and 10% HELOC.

1. WHEN CAN YOU BORROW MONEY BUT NOT BE IN MORE DEBT?
I am a strong advo­cate of get­ting out of debt as soon as pos­si­ble and stay­ing out as long as possible.

The dia­gram below shows how by bor­row­ing $5,000 from a home equity, per­sonal or busi­ness line of credit to use as a principal-only pay­ment to help pay off the bal­ance owing on a mort­gage, you aren’t really get­ting deeper into debt. You are really just repo­si­tion­ing the debt dif­fer­ently. Don’t you still owe the same $200,000 amount  but in a dif­fer­ent con­fig­u­ra­tion? Why do this? Keep reading……

borrow_from_aloc

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Rate of Return Myth — mutual funds

RATE of RETURN MYTH on MUTUAL FUNDS

Here is some infor­ma­tion about rates of return that may inter­est you, espe­cially if you own mutual funds.

After review­ing the illus­tra­tion below, see what is reported to clients with­out dol­lar fig­ures and how the Rate of Return of 25% is allowed to be reported to clients even though they really made a loss.

mutualfundmyths

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