War On Wealth Series – Asset Growth

Business Loans and Business Credit With No Personal Guarantee – CLICK HERE!

Annuity Pros(Advantages)

One of the largest benefits touted is that annuities offer you tax-deferred income, as annuity income is taxed only when you elect to receive it. So you can avoid taxes on annuities if you never want to use it, however that usually is not the objective. It is taxed evenly no matter when you put the money in if it is annuitized (“flip the switch” and start taking income from the annuity). If you take it out some other way i.e. IRS rule 72t, withdrawals etc. then… Read the rest of this entry

Popularity: 16% [?]

War On Wealth Series – Asset Growth

The Money In Your Mind – Why The Rich Keep Getting Richer Click Here!

Not only is the average American unable to save money but there is a serious negative savings rate taking place that is piling up the debt owed in this country at a pace that is mind-boggling. These families are spending huge amounts of money to finance debt on the largest purchases such as, homes, major appliances and autos.

During a lifetime the interest paid on these purchases can add up to hundreds of thousands of dollars. Infact 34.5 cents of every dollar is being spent on interest to finance our american lifestyle through banks and finance companies.

It is possible to recapture the principle and interest that you’re paying to banks and finance companies, thereby putting that money away for the future. This can be done by creating your own private bank using cash value life insurance, which would enable you to take loans from this private bank. As you repay the principle and interest, it’s going back into your policy, where it is growing tax-deferred and can be taken tax free for your financial future.

To Create Your Own Private Bank…
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Popularity: 39% [?]

War On Wealth Series – Wealth Preservation

The Money In Your Mind – Why The Rich Keep Getting Richer Click Here!

Valuations on gifts when talking about intra-family transfer’s can be extremely difficult to prove satisfactorily to the government, especially when they involve a closely held business. There are four specific sections concerned with how to value intra-family transfers within the gift and estate tax codes. Those sections are 2701, 2702, 2703 and 2704. Read the rest of this entry

Popularity: 18% [?]

War On Wealth Series – Wealth Preservation

Life Insurance policies are absolutely critical to an Estate Plan and is one of the first things that a Financial Planner will check when working on an Estate Plan.

There are four critical areas of the Estate Planning process that make Life Insurance a crucial component to Estate planning: Read the rest of this entry

Popularity: 4% [?]

War On Wealth Series – Asset Growth

Most of your employer retirement plan options are very complex and will generally fall into two categories, defined benefit or defined contribution.

When the employer takes on the responsibility of managing the plan, that is called a defined benefit plan where the benefit is based on what’s in the plan when you retire. In this situation an employer can define a plan that requires the company to deposit a fixed annual sum of money into the plan for each eligible employee. When the employee retires, Read the rest of this entry

Popularity: 9% [?]

Were You Safe in the Storm?

Would you rather have $1 million or $75,000

Despite creeping unemployment numbers, there are encouraging signs the economy is slowly resuscitating. Housing sales in some parts of the country are up; consumers are loosening their white-knuckle grip; and there are fewer toxic assets on banks’ books. This is good news for Americans, many of whom lost significant amounts of money from their 401(k)s, IRAs, stock investments and more over the past two years.

But there are some people who didn’t lose ANYTHING during the recent economic crisis.

How is this possible? Read the rest of this entry

Popularity: 3% [?]

War On Wealth Series – Wealth Preservation

This is What Happens When You Don’t Use “Total Asset Optimization Principles”

Anyone With A Job Can Build A Nest Egg On  “Steroids” Read the rest of this entry

Popularity: 13% [?]

I want to welcome you to the inaugural edition of “Leon on Dollars, Sense & Other Stuff”. This first post is essentially a welcome message, an insight and glimpse into what I intend to bring to the community, an apology upfront to unintentional babbling, and of course my heart felt gratitude in advance for you taking part in what I hope becomes a stimulating dialogue on money, common sense about money, anything relating to Read the rest of this entry

Popularity: 12% [?]