In this week’s Hidden Wealth Review, I teach that the Trump tax plan has been released and many people have a lot of questions about the plan’s impact on them. I want to clear up some of those questions for you, as simply as I can.
An article in The Washington Post this past week summarized the tax reform plan. It also tried to predict if the plan has any chance of passing in its current form. The article’s bottom line was that many people will pay more tax so that corporations can pay less. The reduction in the corporate tax rate is expected to create an $847 billion dollar tax shortfall over the next 10 years! The article goes on to say that this shortfall will be paid for by raising taxes on individuals.
Recently, I have been sharing that those who have saved money in IRAs or 401(k)s will pay more tax! Your tax money will be used by the government to finance the corporate tax cut. You can prevent the government from infiltrating your life’s savings. I’m all for tax reform but, I think it’s important for everyone to know who’s paying for it. Those who have worked hard and saved hard are going to be taxed even harder!
Let me introduce you to a key strategy with a proven record of measurable results. This strategy prevents you from paying unnecessary taxes. It is used by some of the wealthiest people in the country and the same sections of the tax code that they use are available to you and I.
We’ve been helping people implement these key strategies for the past 20 years! We teach them how to avoid paying unnecessary taxes on their retirement savings and on the distributions that they take supplement their retirement income. We also teach them how to avoid unnecessary taxes on the transfer of their savings to the next generation. Live more and leaving more by learning.
There are over $24 trillion sitting in tax-deferred accounts. This money is an easy target for new government taxes. The risks have never been greater. Take advantage of this window of opportunity before the tax reform goes into effect. Learn how to protect your retirement savings, distributions and transfers from unnecessary taxes.
This coming Tuesday, I’ll be teaching my Wealth Protection Webinar. This no-cost, no-obligation educational event teaches you how to eliminate taxes on your retirement income and to avoid the impact of Required Minimum Distributions. Additionally, I’ll teach you how to prevent your children from getting taxed to the max when they inherit your IRA. Don’t miss this eye-opening event!
To register, go to www.RetirementProtected.com, enter the required information and submit your registration. Once you’ve registered, you’ll receive an email containing a personal link to join Tuesday’s event. These events fill quickly so you must hurry and register.
-Spouses are encouraged to attend this event together-
When you register and attend the webinar, you’ll receive an e-copy of my latest book, The Baby Boomer Retirement Breakthrough. This book teaches you the top five retirement risks and the unique solutions you can use to avoid them.
(855) No Tax 2 U
Here’s to your Hidden Wealth,