Please Click the Video to Watch This Important, Short Message
In this week’s Hidden Wealth Review, I teach how Baby Boomers and retirees can keep the Biden administration from taking a bigger bite out of their retirement and income apple. Many of you have already seen the tax train that’s headed our way. The time to get the preparations to prevent your taxes from taking over done, is in 2021!
Glen and Sally applied two different strategies to help them save on taxes. Using a little known section of the tax code (extended through 2022) they were able to get a 100% tax deduction for their investment. In addition, this investment has a 6% dividend and an annual rate of return target in excess of 12%! This outside of Wall Street investment features diversification from direct stock market risk and a higher potential return.
By combining this investment with a Roth conversion, Glen and Sally were able to take money from their traditional IRA and convert it to a Roth IRA. The $300,000 they converted to a Roth would have resulted in the reporting of $300,000 in income to the IRS. But, because they had “banked” a $300,000 deduction with the outside of Wall Street investment, that deduction offset 100% of their Roth conversion tax!
This addressed Glen and Sally’s concern of creating a major tax burden when their children inherit their IRAs. It also created a tax-free, lifetime income of over $20,000 a year, using just the return on their principal! No tax to them so that they can live more and no tax to their children so that they can leave more.
The Biden tax bull’s eye is on those who have $1 million or more in net worth and those who have a high taxable income ($200,000 or more). Even though you’re a target, you can prevent unnecessary taxes.
How do I protect my retirement from the Biden’s tax increases?
Imagine, learning the amount of tax you will be exposed to paying over your retirement, and then learning how to eliminate those unnecessary taxes. Whether you’re trying to get to retirement or through retirement, let me teach you different strategies with proven track records of measurable results.
I’ll be teaching these strategies this coming Tuesday, at my Retirement Reinvented Webinar.
To register for Tuesday’s no-cost, no-obligation, log on and learn event, follow these four simple steps:
- Go to www.RetirementProtected.com (or scroll down to the form below).
- Select the webinar date/time you prefer.
- Enter your information thoroughly – make sure to double check your email address.
- Click “Reserve My Spot!” to submit, that’s it!
Once you’ve registered, you’ll receive an email containing a personal access link to join Tuesday’s event. Don’t forget to add it to your calendar!
You’ve worked hard for your money. Let’s get to work protecting it from unnecessary taxes. Imagine, more financial success, less stress, less worry, more time and less concern over taxes.
Joe Biden’s tax plans are targeting high income earners, those with large capital gains as well as those with estates valued over $3.5 million. We find those higher income earners of $200,000 or more or those who have saved $1 million or more benefit the most from our proven solutions with a track record of measurable results.
Register for your preferred webinar time now because these events have proven to fill up fast.
Those who attend this event will receive a complimentary copy of my latest eBook:
The Baby Boomer Retirement Breakthrough-The Unfair Advantage to a Safe and Secure Retirement.
Spouses and Significant Others are Encouraged to Attend This Event Together
Note: We serve Boomers and Retirees all over the Unites States. We have an efficient, supported process to meet online, as have been doing for over 20 years. Our online meetings are private, the access is restricted and we never share our meeting link with anyone who’s not a part of the meeting.
Wealth Strategist | Best-Selling Author
We help Baby Boomers and Retirees thrive in retirement through a clear retirement road map that provides market correction and tax protection to optimize income and assets!