There is BEFORE retirement planning…and AT retirement planning.
The problem is if you are not educated on how taxes work when planning, you will probably fall into the Tax Trap.
In this video I am going to teach you about the “Tax Trap” and how to avoid it.
You will also see why it is CRITICAL that you work with a properly trained IUL advisor that has YOUR goals and dreams in the fore-front to assure you are taking advantage of the favorable tax treatment.

To your abundance!
Doug Andrew

Key Moments In This Episode
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0:00 Introduction & Summary
2:31 The Tax Trap
3:40 The LASERFund
5:54 The strategic roll out
9:00 A case study of “Biting the Bullet”
11:59 The MEC
13:54 Get Your Copy of The LASER Fund!

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What To Watch Next
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How a Max Funded IUL Can Earn Tax Free Returns that are Safer & Higher than Banks Offer

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DISCLAIMER:
With any mention of The LASER Fund, maximum-funded tax-advantaged insurance contracts, or related financial vehicles throughout these videos, let it be noted that life insurance policies are not investments and, accordingly, should not be purchased as an investment.

Where appropriate, authentic examples of clients’ policies have been incorporated, with names changed or hidden to safeguard privacy. Additionally, past performance of existing client policies do not indicate or predict future returns. You should use caution in applying the material contained in this video to your specific situation and should seek competent advice from a qualified professional. Accordingly, the authors and publisher assume no responsibility for actions taken by readers based upon the information offered therein….(read more)

LEARN MORE ABOUT: IRA Accounts

CONVERTING IRA TO GOLD: Gold IRA Account

CONVERTING IRA TO SILVER: Silver IRA Account

REVEALED: Best Gold Backed IRA

Individual retirement accounts (IRAs) and 401(k) plans are popular retirement savings vehicles that offer valuable tax advantages. When you pass away, these accounts can continue to provide for your loved ones, but navigating the rules and regulations surrounding inheritance can be complex. Here are some tips on how to maximize what you leave behind from your IRAs and 401(k)s.

1. Designate Beneficiaries: One of the most important steps you can take to ensure that your retirement accounts are passed on efficiently is to designate beneficiaries. By naming individuals, a trust, or a charity as beneficiaries, you can avoid probate and ensure that your assets are distributed according to your wishes.

2. Understand Required Minimum Distributions (RMDs): If you pass away before you have taken your required minimum distributions (RMDs) from your retirement accounts, your beneficiaries will be required to take distributions based on their life expectancy or within five years of your death. Make sure your beneficiaries understand the rules surrounding RMDs to avoid potential penalties.

3. Consider a Stretch IRA: A stretch IRA allows beneficiaries to “stretch” out the distributions from an inherited retirement account over their own life expectancy. This can help to maximize the tax advantages of the account and potentially increase the total amount of assets that are passed on to beneficiaries.

4. Talk to a Financial Advisor: Managing inherited retirement accounts can be complex, especially if you are not familiar with the rules and regulations surrounding these types of assets. Consulting with a financial advisor can help you navigate the process and make informed decisions about how to maximize what you leave behind.

5. Consider Charitable Giving: If you do not have heirs or if you would like to support a charitable cause, you can designate a charity as the beneficiary of your retirement accounts. This can provide tax benefits for both your estate and the charity, while also allowing you to leave a lasting impact on a cause that is important to you.

In conclusion, maximizing what you leave behind from your IRAs and 401(k)s requires careful planning and consideration of the rules and regulations surrounding inherited retirement accounts. By designating beneficiaries, understanding RMDs, considering a stretch IRA, seeking advice from a financial advisor, and exploring charitable giving options, you can ensure that your assets are passed on efficiently and effectively. Ultimately, taking the time to plan ahead can help to provide for your loved ones and leave a lasting legacy for future generations.