2016 was a year in which American’s attention was literally high jacked by political news, scandals and anger outbursts. Division in our society along political party lines was at an all-time high.
The election of Donald Trump as our next President has not yet ease the tensions between Republicans and Democrats, but so far, it seems to have affected the stock market in a positive way.
With 2017 already under way, what are you doing to ensure that you, and only you – not the government – are in control of your financial future?
Are you aware that your contributions to 401(k) and 403(b) plans are invested in the stock market, and although it has performed well in the last couple of months, the actual performance of qualified plans are just a small fraction of the gains of the stock market?
Do you know that qualified plans do not eliminate your taxes, just defer them until you retire, at which time and most likely, you will have to pay higher taxes?
Are you aware that you have limitations to your contributions to qualified plans and that you have to pay not only taxes, but also penalties, if you access your own money before you turn 59-1/2 years of age? But wait a moment, whose money is it? Yours or the government’s?
If you are already confused by qualified plans and the intentions of the government and Wall Street to “help you”, why don’t you consider the Infinite Banking Concept? This concept is based on a financial instrument that have existed for over 200 years: dividend-paying whole life insurance from a mutual life insurer. There are no contribution limitations and you have access to your cash value any time you need it. Your cash value grows independent of the stock market and it is guaranteed to increase every year; also, you have access to credit and a tax-free retirement income.
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 http://dev.infinitebankingsimplified.com/blog/ or feel free to email us your questions at http://ContactUs@InfiniteBankingSimplified.com 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.