The Must Have Alternative to Social Security
What if all of your traditional financial and retirement planning such as Social Security, 401(k)s, IRAs, Pensions etc. wasnt an option?
When would you want to know? Of course you would want to know today! Less than 1% of people in the United States know what your about to learn in this article, so pay close attention! I heard a very successful man say once if you want to know what not to do, look at what the masses are doing. So what is everyone doing? They are putting their hard earned money into 401(k)s, IRAs and pensions among others. To be very clear we are not saying these plans shouldnt be used but they may not be the best option! Why not?
Did you know that your 401(k)s, TSAs, 403(b)s pension and profit sharing plans are all taxable at retirement? Do you think taxes will increase or decrease in the future? Everyone we ask this question says increase of course, which means not only will your retirement income be taxable but probably taxable at a higher rate.
Its most commonly known that money cannot be used before retirement out of your 401(k), IRA and pension plan etc. without taxes and penalties, but did you stop to think that also the growth in these types of plans is tax deferred which means youre putting in a small sum of money in your plan only to pay taxes in the future on (the growth) which equates to a larger sum of money.
Think for a second, its your hard earned dollars you are contributing to your plan. You should be able to use it at anytime with NO taxes and penalties. In addition, we work hard, PAY TAXES during the entire life of our career, does it make sense to PAY TAXES during our retirement (enjoyment) years also?
Did you know that there is a means (investment alternative) by which you can draw out your money BEFORE and at RETIREMENT income tax-free? Legally of course! You may say to yourself that cant be possible, remember I stated earlier that less than 1% percent of people living in the United States have been educationally empowered about these investment alternatives!
Isnt it time you took control of your financial future?
Change is the law of life, and those who look only to the past or present are certain to miss the future. John F. Kennedy
For more details: Fill free to contact Chris Staten with Family Financial @ 877.716-1406 or 918.810.9165 or email Chris at csyd4success@cox.net.
By Chris Staten
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Francisco Trevino, Exec- utive Director of the Tulsa Hispanic Chamber of Commerce. |