The Internal Revenue Service (IRS) and state has the power to garnish your wages if you owe a tax debt. Unlike most other creditors, however, the IRS and state can garnish your wages without first getting a judgment, and the amount it can take is usually more than what regular creditors can take.

Taxes are deferred through some common retirement plans such as 401k, 403b, 457, IRA, SARSEP, SIMPLE, SEP, and TSP. At the time of distribution these accounts can be taxed up to 40% (state and federal) on the distributions at retirement? Possibly as much as 50%, including 10% penalty if distribution is before 59 ½. If account owner waits until 72 there is a 50% penalty plus taxes.

In reality, tax deferred distribution are future tax liens on retirement accounts.

Would you like to see if you qualify for a personal financial plan that you control and contribute to with after tax dollars?

Features of your personal financial plan:

No contribution limits.

No restrictions on receiving distributions.

Zero risk of market volatility while linking growth to inflation.

No penalty or taxes on distributions.

This is all in the Internal Revenue Code.

Are you finding this hard to believe! Let us have a conversation, what do you have to lose? On the other hand, what can be gained from realizing this is 100% legitimate?

For more information join the Master Class or schedule your free phone consultation now.