A smarter, more complete alternative to 401 k
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Transcript of A smarter, more complete alternative to 401 k
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A Smarter, More Complete Alternative to 401K
A Very Short Story
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STANDARD & POORS
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Provides cash for:• Emergencies• Death• Disability• Illness• Cancer, Heart Attack • Stroke• Long Term Care
Began in 1995
• Withdrawals without penalty .
• Tax free income to age 120 .
• Stock market returns… upside no downside .
• Your money blossoms when transferred to your heirs .
The only good plan is one that protects you and your family, no matter what…
The Best Kept Secret The under used and until now overlooked IRS Sec. 7702.
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“The ugly truth,… is that the 401(k) is a lousy idea, a financial flop, a rotten repository for our retirement reserves.”
The solution: a new type of insurance.
Retirement savings, it turns out, are exactly the type of asset we need insurance for.
Read more: http://www.time.com/time/business/article/0,8599,1929119,00.html#ixzz0okff0Dcf
Why It's Time to Retire the 401(k)By Stephen Gandel Friday, Oct. 09, 2009 http://www.time.com/time/business/article/0,8599,1929119,00.html#ixzz0okgNZ81R