Posts tagged tax advantages

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