people who aren’t going anywhere › files › 97005 › tac_agent_powerpoint1.pdf ·...
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*‘PEOPLE WHO AREN’T GOING ANYWHERE
NEED NO PLANS TO GET THERE!’ ALLEN LEVINE 09/28/2018
Tax Favored Strategies
Empowering your Quest
for Financial Security
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Judge Learned Hand (1872-1961) U.S. Federal Courts of Appeals
In America there are two tax systems One for the Informed (lower taxes)
And one for the Under-Informed (higher taxes)
Qualified Plans (401k’s, IRA’s 403b’s) are for the Under-Informed
This might be your best opportunity to become informed
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Personal
You Have Two Basic Choices
Corporate Pension
Plans x Qualified Non-Qualified
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Primary Risks of Qualified Plans
1. Market Losses 2. High Management Fees 3. Future Tax Rate Increases 4. Longevity Risk
There Is A Better Plan
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How Many More Market Crashes In Your Lifetime?
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Which Way Do You Think Taxes Will Go?
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Did you just say taxes will probably go up?
Your Current Tax Rate
Your Future Tax Rate but also on much larger account values
Tax Deferral Isn’t Good For You. But it’s GREAT for Uncle Sam
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There Is a Much Better Way!
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Tax Free Retirement Savings + A Tax Free Death Benefit
All Rolled Into One Plan
Your own private insured pension plan = Tax Free Income PIPP - For Now or Retirement
+ A Tax Free Death Benefit to Protect Your Family
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Created by 3 Congressional Acts
TEFRA - DEFRA - TAMRA
Tax Free Under
Internal Revenue Codes
7702 & 72(e)
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PIPP - Benefits of a Tax Free Plan
1. No Market Losses 2. 30% - 50% Lower Management Fees 3. Tax Free Income 4. Life Time Income
5. Flexible Contributions
The Safer Alternative
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This portion pays for the insurance
Tax Free Savings and Tax Free Death Benefit
.
Tax Free Plan
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Guaranteed 100% at risk of loss
Guaranteed you’ll pay
Guaranteed not locked in
Guaranteed taxable
Guaranteed 0% Risk of market loss
Guaranteed Tax Free
Guaranteed Locked-in
Guaranteed Tax Free
Risk
Taxes
Gains
$ to Heirs
Taxable 401k/Qualified Tax Free Plan
Compare the Guarantees
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THERE ARE 3 KINDS OF PEOPLE
• Those who make things happen
• Those who watch things happen
• And those who don’t know what’s happening
• Which group do you want to be in?