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The current working generation (those 27 to 58 years old) are experiencing the worst economic conditions in our national history. When you tax companies more, they layoff more employees. This means fewer people contributing to the tax roles, Social Security and Medicare. That’s precisely why Joe Biden is increasing the Medicare tax from 3.8% to 5% (for certain income levels). It’s also what’s behind increasing the capital gains tax rate from 20% to 39.6%, eliminating the 1031 exchange rule (over certain thresholds) and raising the corporate tax rate from 21% to 28%. Again, all of these tax increases are happening during the middle of a recession.
This has resulted in consumers relying heavily on credit. Credit card debt was at a record $931 billion at the end of 2022, up nearly 19% from 2021. The Fed has been trying to kill inflation for over a year. In its single-minded focus on inflation, The Fed has sacrificed the well being of consumers. When you kill the consumer, you kill the economy.
Just last week, these economic policies took down three banks. Now the crisis has spread to European banks. Despite The Fed’s efforts, inflation is still at 6%. The Fed wants to reduce inflation to just 2%. Most major economists say this is impossible and that it would ruin the economy.
Click Here to learn what you can do to protect yourself and your retirement savings from the impact of a deep recession.
Tax rates are currently on sale. I want to teach you strategies that take advantage of this sale. When the Tax Cut and Jobs Act (TCJA) expires, tax rates will return to their pre-TCJA levels.
This coming Tuesday, at my Wealth Protection Webinar, I will be teaching tax sale strategies that will reduce or eliminate unnecessary taxes. Learn how you can rid yourself of inherited IRA Required Minimum Distributions (RMDs). The government figured out a long time ago how tax-deferred retirement savings accounts could get us to pay higher taxes during retirement. Now the government has changed the rules for inherited IRAs so it can collect the higher taxes they so desperately need in order to feed their drunken sailor spending sprees.
Consumers are already hurting. Interest rates for many people are at an all-time high. People are using their credit cards to pay rent and buy groceries. The time to protect yourself is now. Learn how to prevent taxes and market crashes from stealing your retirement.
LEARN HOW TO SECURE YOUR RETIREMENT FROM TAXES
I want to teach you Roth alternative strategies that can out-perform Roth IRAs and free you from the government red tape rules associated with traditional retirement accounts. I’ll also teach you how to un-tax the money you’ve already saved in tax-deferred accounts with a little known deduction that enables you to offset Roth conversion taxes!
You’ve worked hard for your money, let’s get to work protecting it! Learn how to prevent losing to taxes, inflation and market crashes. Register now for Tuesday’s Wealth Protection Webinar and learn how you can avoid the Biden bulging tax budget!
To register for Tuesday’s no-cost, no-obligation event, simply 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!
Strong savers in 401(k)s and IRAs and high income earner are the people who will benefit the most from our proven solutions. Proven solutions with a track record of measurable results. Imagine less stress, less worry. Peace of mind retirement protection.
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
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!