The TFRA (Tax-Free Retirement Account):
Why hasn’t my financial advisor
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 more than half the population has a taxable 401(k) or similar tax-deferred retirement account.
• 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’re fiscally penalized)
• You are limited to how much you invest (plans with most tax benefits have funding limits)
• Your money is not guaranteed (the money in your 401(k) or IRA soars with the market, and goes down with the market)
• You are required to report your earnings to the IRS (everything in a 401(k) or IRA is, Uncle Sam’s business.)
• 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’re fiscally penalized)
• You are limited to how much you invest (plans with most tax benefits have funding limits)
• Your money is not guaranteed (the money in your 401(k) or IRA soars with the market, and goes down with the market)
• You are required to report your earnings to the IRS (everything in a 401(k) or IRA is, Uncle Sam’s business.)
And there are many more wonderful fiscal things you can do with an account like this..
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.
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.
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