tax free retirement webinar

8/7/2019 Tax Free Retirement Webinar

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The Tax-Free

RetirementSystem

FINANCIAL PROTECTORS, INC. PRESENTS:


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Tax-Free Retirement

Author: Patrick Kelly National Best Seller

Endorsed by GIANTS inlife insurance industry


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Making The Most of Your

Retirement Dollars

Presented By:Roger H. Ely

Seeking A Tax-Free RetirementEducational WorkshopA Discussion of Retirement Vehicles and Taxes


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$12,181,196,745,000.40 Official US Debtas of 1/05/101

$9,381,368,108,595.10 Official US Debtas of 3/6/081

2.8 trillion Official increase in 22 months Real National Debt is $73,833,829,491,000.002

- Whats the difference between the Real and Official? Your share of the real US debt is: $239,000.002

Facts About National Debt1

1. US National Debt Clock www.brilling.com/debt_clock

2. Truth in 2008 http://www.truthin2008.org/


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1. Social Security Administration sample statement from www.ssa.gov

Facts About National Debt1


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1. Spend Less

2. Tax More

There are only two ways to combat

the growing debt


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Are we spending less as a government?

We are spending morethan we ever have in the

history of our country.


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So the only solution seems to be

Higher TAXES


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History of Federal Individual Income

Top Marginal Tax Rates

Source: truthandpolitics.org, referencing IRS Statistics of Income Bulletin Pub 1136

Taxes have averaged 65% since inception. Think theyll go up or down?


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1.Free Money2.Tax-Free Money3.Taxed Deferred Money4.Taxable Money

Smart Retirement Money Order


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1.Free Money- Inherited- Matching 401(k) Money

2.Tax-Free Money3.Taxed Deferred Money4.

Taxable Money



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1.Free Money2.Tax-Free Money

- Roth IRA- Life Insurance Cash Value*

3.Taxed Deferred Money4.

Taxable Money


*Policy loans and withdrawals reduce the policys cash value and death benefit and may result in a taxable event.Withdrawals up to the basis paid into the contract and loans thereafter will not create an immediate taxableevent, but substantial tax ramifications could result upon contract lapse or surrender. Surrender charges mayreduce the policy's cash value in early years.


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1.Free Money2.Tax-Free Money3.Taxed Deferred Money- Annuities

- Tax-Qualified Plans such as401(k), IRA, etc.

4.Taxable Money



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Wages Capital Gains 1099 Interest


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Any contribution above the match ofyour 401(k) becomes tax-deferred

money, and skips over #2 completely.


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Lets take a look at the differencebetween a Tax-Deferred plan and

a Tax-Free plan.


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Traditional IRA

Tax-deferred

0 Tax onDeposits

Tax

DeferredGrowth

Roth IRA

Tax Free

After-Tax

Deposits

Example

Tax

DeferredGrowth

Taxed AsOrdinaryIncomeOn Withdrawal

$0 FederalTax ForQualifiedDistributions


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Would you rather pay tax on this

Traditional IRA

Tax-deferred

0 Tax onDeposits

Tax

DeferredGrowth

Roth IRA

Tax Free

After-Tax

Deposits

Example

Tax

DeferredGrowth




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Or this?

Traditional IRA

Tax-deferred

0 Tax onDeposits

Tax

DeferredGrowth

Roth IRA

Tax Free

After-Tax

Deposits

Example

Tax

DeferredGrowth




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When you put your moneyinto an IRA or 401(k) are you

really saving tax?

No. Simply delaying tax -which actually compounds

the tax problem.


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If you were a farmer would you

rather pay tax on the seedor the harvest?


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Problems with Roth IRA

Contribution and Income Limitations Access Prior to Age 59 Safety


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Real Answers to Real Questions

How is this possible? This seems to good to be true Why havent I heard of this before?


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