Dreos Financial Services

Private Pension Plans Can Neutralize Obama

 HA! Don’t Let Obama Sucker You When He Says

He’s Only Taxing the “Wealthy.”  His Taxes Will

Rob Your Nest Egg, Too.

Stop Obama from Grabbing YOUR Hard-Earned

Money to Goose his

Big Spending Sinkhole.

 Here’s How to Grow Your

Money Where Obama’s

Taxes Can’t Touch It. 

AndIt Makes Sense

I don’t recall who said a sucker was born every minute.

But I can tell you this: Don’t fall for Obama’s latest sucker punch.

It’s just more hubris from traitors in Washington who are hurtling our great nation to 3rd-world debt while we the taxpayers pay for the privilege.

Now they’re trying to tell us that they’re only taxing the “wealthy” when the Bush tax cuts sunset.

What they’re NOT saying is that in less than 150 days Obama plans to “seize” up to 38%-plus of your wages, your income, even the nest egg you’ve scraped and sacrificed for.

Don’t let it happen!  We’ve found a way you can protect, even grow your money—and Obama can’t tax it. 

You’ve seen what has happened over the last eighteen months; take the above message to heart.  Protect yourself before taxes sky rocket and you’re opportunity to invest will be much less after taxes.

Properly structured Indexed Life Insurance when you overfund a Plan will result in the highest net return to you.  Unless you are a convicted felon the money is virtually untouchable by litigation, any losses and even bankruptcy.  When investment portfolios are wrapped by insurance for the protection of loved ones it takes on a much different position than other investments that can be more easily attached.  Tax deferred accumulations and tax free distributions by the use of zero percent loans, will in effect avoid taxes forever, is really the only game in town period.

For those of you who have thought about this but haven’t gotten all the facts do so quickly so that you can have the opportunity to make an informed decision to keep a significant portion of your assets out of the hands of a government who only cares about their special interests,  programs and entitlements at your expense.  It’s getting out of hand, do something about it today.

8/22/10

PRIVATE PENSION PLANS VS., OBAMA AND THE FAR LEFT!!!

We will spread out between now and the end of the year some astonishing information about what is going on in Washington today.  A political ad here in Arizona says that President Obama may be the worst President that we’ve ever had.  That may or may not be true, however, if you read the following then draw your own conclusion.

A Coalition of Far-Left Ideologues Is Organizing to

Nationalize your Retirement Money

            The left-dominated House Education and Labor Committee’s 2008 hearings have already “vetted” and prepared model regulatory and legislative language to revoke some $80 billion in annual tax-advantages for 401(k) and IRA contributors.  Reps. George Miller (D-CA) and Jim McDermott (D-WA) are working behind the scenes with groups spearheading the effort for government accounts and are pushing Congress to consider ways of “redirecting” existing tax breaks for private accounts back to the government.

            As Rep. Miller put it, “We’re going to have to do something about the tax deductibility of contributions to people’s 401(k)s because the government is losing money.  We’re losing money on this!”

            Among the major groups working with members of Congress to agitate for a nationalized retirement system is Retirement USA (a coalition backed by rabidly pro-Obama AFL-CIO and SEIU union officials and well-funded and well-connected left-leaning think tanks).  This coalition is grubbing for Americans’ retirement money.

            A key organizing player in the 401(k) de-privatization movement, Retirement USA, makes the brazen objectives of the Ghilarducci Plan explicit in a document entitled “Principals for a New Retirement System.”  A few highlights follow:

• “Retirement should be the shared responsibility of employers, employees, and the government.”
• “A new retirement system that supplements Social Security should include all workers unless they are in plans that provide equally secure and adequate benefits” (as determined by bureaucrats, who would of course frown upon defined-contribution plans that allow individuals to choose their own investments).
• “Employers and employees should be required to contribute a specified percentage of pay, and the government should subsidize the contributions of lower-income workers.”
• “Contributions to the system should be pooled and professionally managed” (undoubtedly with the stipulation that a large portion of workers’ forced contributions be invested in Treasury securities- voluntary demand for which the government has lately had a tough time garnering in sufficient quantities).

If this does or does not happen, take control of your assets, setup your own individual Private Pension Plan, either fund it personally or by loans from your Company that will give you financial security at retirement without looking over your shoulder.

BLOG – 8/11/10

SOME OF THE REASONS TO PURCHASE A PERSONAL RETIREMENT PLAN

• Growth – Competitive return, with guarantees.
• Liquidity – Accessibility to your money anytime without penalty.
• Surrender Charges – New products today provide cash assets without any surrender charges.
• Tax Free – Contributions accumulate and grow tax deferred and account values are accessible on a tax free basis.
• Use – Account allows unrestricted access to the money – Withdrawals by loans for purchases or investment opportunities no questions asked.
• Collateral – Access to funds equal to your account value while still earning interest on the money in the account.
• Unlimited Contributions – No limitation on contributions.
• Control – Account owners decide if, when and how much to take out, how much to put back.
• Protection – Funds are protected against legal judgments.  Contributions can continue in the event of a disability and at death pass to the heir’s tax free.

Is there a financial product that will do all that?  There is and the answer may surprise you…We use an indexed product of Permanent Life Insurance properly structured.  All of the flexibility and tax advantages listed above are under your control with no government intervention.  It works magnificently if you maximize the funding and minimize the Death Benefit you purchase.

NOTE: Many people today are looking at gold and silver as an alternative investment to offset the uncertainty created by our government today.  Whereby gold and silver bars and bullion in some cases makes sense, understand that you could be taxed on the high end of capital gains.  This year it’s about 35% and my sources tell me that next year it could be 38 or 39% when you decide to surrender that asset for cash to help support your needs in the future.

DID YOU KNOW?

HERE IS SOME FOOD FOR THOUGHT ABOUT RETIREMENT ACCOUNTS & TAXES!

If you listen to the wisdom of many advisors you may hear you should contribute to some form of a Qualified Plan because when you retire you will be in a lower tax bracket.  They are not necessarily wrong because most people do retire in a lower bracket but the main reason is not because of taxes but rather that they are broke.  While most people will retire in a lower bracket remember that you are not “most” people and you do not have to be one of the “most.”  You can take steps necessary to make sure you are not a statistic.  One of those steps will be to meet with a  Qualified Professional that can help you avoid areas you may be transferring your wealth unknowingly and unnecessarily.

If you have to retire on less than you are making when you are working it can mean only one thing.  You probably do not have enough money.  I have met few people who want to work their entire life only to retire on two-thirds of what they can hardly live off of while they were working.  Time goes by quickly and without the right information it is possible to transfer a large sum of your money unnecessarily. 

The other problem with the myth, “You will need less at retirement” is the cost of things in the future.  Things you may not have planned for today.  Many people plan to have their home paid off before retirement.  Would it be a problem if when you retire your medical costs are greater than your current mortgage payment?  What about property taxes?

Many retirees today deeply regret their over reliance on Qualified Retirement Plans.  They did not fully understand the tax impact down the road.  On the other hand a number of them do not want or need the money from these accounts but at 71 ½, they have no choice.  Uncle Sam wants his cut.  The penalty for not taking the required distribution at 50% of what you should have taken.  This whole scenario could be more costly than you can imagine down the road. 

Why not take control of your assets, have accessibility and never worry about income taxes or poverty by setting up a Non-Qualified Plan today?

THOUGHT FOR THE DAY:  “You only have to do a very few things right in your life so long as you don’t do too many things wrong.”