a smarter, more complete alternative to 401 k
TRANSCRIPT
A Smarter, More Complete Alternative to 401K
A Very Short Story
STANDARD & POORS
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.
“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