OPTIMAL WEALTH presents
OPTIMAL WEALTH presents
TFRA's (Tax-Free Retirement Accounts)
Why hasn't my financial advisor
ever told me about this?
Reason 1: Most financial advisors don't know that an account like this exists. Nor, do they know how to set it up to be legally tax-free for the account holder.
Reason 2: Most financial advisors recommend financial vehicles that the company they've contracted with... tells them to recommend.
As a result, less than 0.07% of Americans have what we call a "TFRA" account set up-while mare than half the population has a taxable 401(k) or similar tax deterred retirement account.
Reason 1: Most financial advisors don’t know accounts like TFRAs exist - nor, how to structure one to be legally tax-free for the account holder.
Reason 2: Most financial advisors recommend financial vehicles their company tells them to recommend.
And as a result, less than 0.07% of Americans have what I call a tax-free "TFRA" account — while more than half the population has a taxable 401(k) or “contribution-limited” Roth IRA.
With a Fully Taxed 401(k)...
- You pay taxes on growth (the minute you withdraw)
- Your growth & principle is not guaranteed (most 401(k)s rise & fall in lockstep, with the market)
- Your money is not liquid (early withdrawals are penalized up to 10%)
- You have to pay taxes (upfront or at the end-either way you will be taxed heavily)
- Your money is not liquid (you can't access your money any time you want. and if you do you are fiscally penalized)
- You are limited to how much you invest (plans with most tax benefits have funding limit).
- Your money is not guaranteed (the money in your 401(k) or RA soers wth the market, and goes down with the market).
- You are required to report your earnings to the IRS (everything in 401(k) or IRA is, uncle sam's business.).
With a Roth IRA...
- You don't pay taxes on growth, but...
- You can only deposit $6,000 /year
- Growth & principle isn’t guaranteed - like most 401(k)s
- Not liquid (same 10% early withdrawal penalty)
And there are many more wonderful fiscal things you can do with an account like this...
So you may be asking...
With a Tax-Free TFRA...
You never pay taxes on growth, Ever. ( This is 100% legal if your TFRA is set up to be compliant with current IRS tax-code).
You can deposit as much as you want. (No contribution limits - every cent in grows tax-free)
You never report income to the IRS, Ever. (The IRS doesn’t classify “income” as “income” inside this kind of account)
Your growth is guaranteed. (When TFRAs are opened, growth is set & guaranteed for 1 year - last year, qualified individuals earned between 3-7%)
Your money is 100% liquid. (Money deposited & earned can be cashed out any time - without penalty - again tax-free because it’s not “income” )
And there are many more wonderful fiscal things you can do with an account like this...
But!...
Is It “Too Good To Be True,” You Ask?
Nope. It’s very real.
In fact, an Account like a TFRA is not a new investment strategy.
Accounts like these have been used by wealthy individuals and families for over 100 years to build, then pass on fortunes in a legally tax-free environment.
President John F. Kennedy had an account like this.
So did Presidents Taft, Cleveland, McKinley, Harding, and FDR (FDR, in fact, held a large portion of his estate—$562,142 or over $7 million in today's dollars—inside his account...)
Even John McCain used his account to fund his electoral campaign back in '08.
The only question is...
Do You Qualify For A Tax-Free Retirement Account?
A TFRA account is NOT available just to the super-rich…
However: an account like this can only be technically set up if you or your family qualify for it.
To discover if you qualify for a TFRA, take our 30 second survey below.
To see if you qualify, complete the survey below:
30 Seconds To Apply and Pre-Qualify