Two Million Dollars Per Minute!

In this week’s Hidden Wealth Reviews, I teach that the interest that we’re paying on our national debt amounts to $2 million a minute! The Biden administration’s $34 trillion stockpile of added Bidenomic debt has led to a proposed budget that includes almost $5 trillion in new taxes!

The U.S. Treasury paid about $89 billion in interest expenses on its outstanding debt in March, which is about $2 million per minute. The government debt is increasing $1 trillion every 100 days.

I want you to learn how you can leave the tax system. Last week, we met with a client with whom we first met three years ago. He confessed that he was disappointed that he hadn’t launched his plan back then. We had shown him how he could move more money out of his IRAs to avoid higher required minimum distributions (RMDs). He had his first RMD this past year and the additional, forced income had boosted him into a much higher marginal tax bracket. He now realizes that delaying or deferring taxes just means more taxes.

If you’re a high-income earner, a strong tax-deferred saver, a business owner or if you want to divest your real estate portfolio, you will want to take advantage of the current tax rates before the tax rate increases take advantage of you! To learn how you can take advantage of the current tax sale, register for and attend this coming Tuesday’s Remove Your Wealth from Washington webinar. This no-cost, no-obligation financial educational event will teach you how to remove your wealth from the tax system for good! Washington is coming for your cash with both guns blazing.

Here are just two of the concerning proposals in the Biden budget for raising more federal tax dollars:

1. 50% of any IRA assets (traditional or Roth) in excess of $10 million must be withdrawn annually as an RMD, regardless of the account holder’s age. From what we know about tax law proposal, the $10 million dollar amount is simply the starting point. The number is sure to be lowered as the need for more taxes grows.
2. Prohibit Roth IRA conversions for people earning more than $400,000 individually or $450,000 for married couples filing jointly. This would prevent high-net-worth taxpayers from converting retirement assets to a Roth IRA. Again, the $400,000 and $450,000 figures are simply the starting points for what could become an aggressive strategy in Washington’s war on wealth.

Don’t Let The Million Dollars In National Debt Derail Your Retirement

Why is it important to act now? According to an article on Tax Foundation, individual tax provisions in the Tax Cuts and Jobs Act (TCJA) will expire all at once at the end of 2025. Without congressional action, most taxpayers will see a large tax increase. In addition, there are proposed schemes to tax capital gains at the highest rate ever (44.6%). I want to teach you the 10 times tax deduction which will allow you to remove your wealth from Washington. To learn this strategy and more, go to www.RetirementProtected.com and register for Tuesday’s webinar event.

The good news for our client who declined to start his plan three years ago is that our tax team has approved up to 14 tax-savings strategies for our tax-savings platform. Don’t be fooled by big box store brokerages that promise a plan by simply placing your assets under management. That’s not a plan if it’s not addressing taxes, it’s simply a wish!

Let me teach you, as we’ve taught clients from across the country, how to remove yourself and your assets from the tax system. Learn how a certain number of years of tax-savings can be turned into millions of dollars in retirement savings!

You work hard for your money. Imagine, learning how to remove your wealth from Washington.

Register for Tuesday’s no-cost, no-obligation webinar by following these four simple steps:

1. Go to www.RetirementProtected.com (or scroll down to the form below).
2. Select the webinar date/time you prefer.
3. Enter your information thoroughly – make sure to double check your email address.
4. 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!

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.

Chuck Oliver
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!
www.TheHiddenWealthSolution.com