9th Mar 2014, 02:14 PM | #1 |
Active Warrior War Room Member Join Date: 2010 Location: kentucky
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| Now that you have made it as a successful IM, do you know how to keep it and build upon it? To build real wealth, you need not pursue, it so hard. I mean it. The stone cold truth is that hard work doesn’t always pay off. A person who dedicates every spare moment, year after year, to building wealth is never going to wake up rich. And that’s because there’s simply not enough time in the day to build real wealth yourself. You absolutely must try another approach. One thing it comes down to: Learning the Tax code. (I know Boring Right?)... I bet I almost lost you… Now that I have got your attention… Clickhere to learn more! This is all possible using the tax-code to your advantage, and by utilizing some little-known techniques that most CPA's have never heard of. Most people visit their CPA at the end of the year with a box full of receipts and a couple strategies in mind. They hope the accountant can do some magic with that and keep their tax bill manageable. WRONG Approach! We approach this differently… It takes just a little more effort, but the result is phenomenal tax-free wealth building. Yes we said Tax Free Wealth building (legally). It’s a critical step to take in your journey to financial freedom and wealth building. So let’s take a look at the problem first. Most people who are pursuing a financial dream are achievement oriented, and that means they start to progressively make more money as they forge ahead toward their goal. But one of the biggest roadblocks in their way is taxes, because the more you make, the more taxes you pay. So what happens to a lot of people is this: They simply pay the higher taxes, but also reward themselves for their hard work with an increase in lifestyle (bigger house, new car, nicer clothes, vacations, etc). Unfortunately, many find that after all this; they actually have less to invest than before! Want a $100,000 month TAX FREE retirement plan! Click here to learn more! So if you want to enjoy the fruits of your success now, and still make progress toward your financial dream, you need to build a tax strategy. Fortunately, it’s not as hard as you might think. I will give you a handful of examples… Your Tax Strategy Should Always Seek to Permanently Lower Your Taxes, Not Just Postpone Them! And it’s not about maxing out your 401(k) and IRA contributions. Those strategies simply defer tax. But an even bigger problem with government-regulated retirement plans is that you are tightly limited on how much you can contribute and how you can invest the money. More importantly, these plans give you virtually no control over how you will be taxed when you take it out. And right when you need the money the most, the government could take a huge chunk of it away. So one strategy we’ll talk about later is how to take some or all of your money out of these government-controlled accounts and reinvest them in places where you have control. You can't achieve your financial dreams without reducing your taxes. Get a $100,000 month TAX FREE retirement plan! Click here to learn more! |
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