SECRETS TO YOUR TAX-FREE RETIREMENT

You've most likely been a victim of the harsh volatility of plummeting stock market and real estate values that followed, am I right?

• Most Americans lost 38% in the value of their IRAs and 401(k)s from 2000–?2003. It took four more years (until 2007) just to recoup what they lost.?
• I can mentioned the 20%+ decline we current have for the year 2022 as well as the highly anticipated and overly calculated estimates of an addition 25%+ drop expected for 2023, how much people will lose, and how long it will take to regain your losses but why bother??

Bottom line:?Traditional IRAs and 401(k)s are not the best way to save for retirement. In fact, they are no longer even a good way to go.?

FOR THOSE WHO AREN'T DECISIVE AND SAVVY, MORE SEVERE FINANCIAL PAIN IS AROUND THE CORNER.

HOW TO HAVE MORE INCOME DURING RETIREMENT BY STOPPING THE PAYMENT OF UNNECESSARY TAXES

The harsh reality is that you may not be as prepared as you think, even though you have a sizable "nest egg." If you're relying on your traditional IRA/401(k) to supplement your Social Security benefits and maybe even pension, be prepared to have taxes erode away your cash. If you're relying on your traditional IRA/401K as your one and only source of retirement income, well, there will be very tough times ahead...

PROTECT YOURSELF FROM INCREASING TAXES:?Here is how a properly structured contract can shelter you from increased taxation:

• Tax Savings?#1?- Money put into these insurance contracts has already been taxed at today's rates, not tomorrow's. That means, taxes are over and done with at the lowest possible rate! Life insurance policies are not investments and should not be purchased as an investment vehicle or instrument.
• Tax Savings?#2?- Money taken out of your contract—when done optimally, in accordance with?Internal Revenue Code guidelines---is not regarded as taxable income, as opposed to income from a traditional IRA/401(k). You can also access your money tax-free using several methods. The smartest and best way to access your money from a max-funded, tax-advantaged insurance contract is via a loan, rather than a withdrawal.?Here’s why:

Loans taken from your contract ARE NOT TAXED, nor are they required to be paid back! Because they are not deemed earned, passive, or portfolio income—which are the only types of income that are subject to income tax on a 1040 tax return.?See section 7702 of the Internal Revenue Code.

"A maximum-funded tax-advantaged insurance strategy, when structured properly and loans taken correctly, will not hit your tax return. That is powerful." -Jim Whitehead, CPA www.jimwhiteheadcpa.com

• Tax Savings?#3?- With industry laws and regulations that have been in place for more than 100 years, the money that accumulates inside of a life insurance policy does so tax-favored. Other financial vehicles, such as savings accounts, CDs, mutual funds, and money markets will typically have tax liability on their gain.?See section 72(e) of the Internal Revenue Code.
• Tax Savings?#4?- Upon your death, the money in your insurance policy transfers to your heirs and beneficiaries completely income tax-free.?See section 101(a) of the Internal Revenue Code.

For the last 10 years, Myself (Caleb Law) and my partner?Laura-Beth Christensen?have been working with business owners, companies, employees, real estate agents and any individuals that want safe, predictable, market returns of 7%-10% annually, while eliminating market risk and minimizing unnecessary taxes in order to maximize income either for working capital, retirement, or any reason you see fit.

Interested in finding out if this is a strategy for you? Reach out.?Caleb Law, 206-818-5775 or [email protected]