Blog #25 – What’s Wrong With Qualified Plans? Practically Everything

If you make contributions to any type of qualified plans like a 401(k), a 403(b), or an IRA you should know the following facts:

These programs are not tax-free but tax-deferred, which means that although you enjoy the immediate gratification of not paying taxes now, you will be most likely paying higher taxes on a larger amount later when you retire, and you can least afford it. Does this make sense to you?

Although the amount in these qualified plans is your money, and you worked hard for it, how come you have to pay a 10% penalty if you withdraw your own money before age 59-1/2?

How come you have to pay an even larger penalty if you decide not to withdraw your “minimum distribution” starting at age 70-1/2 and going forward? Who is in control of your own money? You, or the government?

If the management fees are 2.5%, which are on the low side, it means that over a period of 30 to 45 years, your money is reduced by 40% to 60% or more. Your account is charged those fees year in and year out, regardless if you made or lost money in any given year. Have they told you of your substantial losses to management fees?

Do you realize that with qualified plans you are taking absolutely all the risks and Wall Street keeps collecting money from you year in and year out?

The fact is that it is very difficult for 99% of the American people to make the right financial decisions to become financially independent when they have been brainwashed, lied to and misled by Wall Street, banks and other financial institutions.

Nevertheless, you could make exactly the same contributions you make to those qualified plans – or even more if you want to – to a plan that have existed for over 200 years, has never lost money and provides you with absolute guarantees, control and liquidity. Interested?

If you would like to learn how you can grow a substantial amount of cash that you have access to at any time without penalties, is unrelated to the stock market, and will generate income that is not included in your tax return, visit our website at or feel free to email us your questions at or call us toll-free at 1-844-443-8422.  

Isis B. Palicio, LUTCF, MBA

Pedro A. Palicio, MBA, Ph.D.

Infinite Banking Concepts® Authorized Practitioners
We are experts in designing high cash value dividend-paying whole life policies.


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