The Tax and Money Traps The IRS and Social Security Have Set For You!!
Just south of ‘Sawmill Creek…..
Hi Attorney Kevin Pritchett here
The Tax And Money Traps
The IRS and Social Security Have Set For You
You’ve all heard the old joke…
“I’m from the government and I’m here to help you….
NOT”
You’re darn right NOT!! Especially when it
comes to your money….retirement money and
your Social Security benefits.
In fact, both the IRS and Social Security Administration
have set some hellacious tax and money traps to
literally confiscate your money…right from under
your nose. Pay very close attention….
IRA/401k Tax Trap
You all know (or should know) that
when you put your retirement money in
a 401k or IRA you don’t pay tax on
the growth of the money as it grows…
you pay tax when you take it out.
The ‘promise’ is that while you WILL
pay tax when you withdraw the money
‘you’ll be in a much lower tax bracket
then that the tax bite will be less….”
NOT!!
Not only is this NOT true, the IRS
KNOWS its not true and knew it was
not true when they created the IRA/401k
regulations!! Why?? Simple…
The IRS would MUCH prefer to take
its tax on your ACCUMULATED retirement
account corpus rather than tax the money
each year. Think of it this way…..
“would you rather get taxed on your seed or
your crop?”
You see it now???
The IRS would MUCH rather tax your accumlated
20-30 year IRA corpus. And to MAKE SURE
they get their tax…they REQUIRE YOU TO
TAKE MONEY OUT OF YOUR IRA/401K at
age 70 1/2 whether you need to or not!!!
TRAP SPRUNG!!!
How To Solve The IRS TAX TRAP
I bet you didn’t know about this tax trap did you??
(unless you’ve been to one of my workshops
or watched my tax trap video of course LOL)
As with most things..its what you
don’t know you don’t know that can hurt you..
BADLY!!!
The key to diffusing this TAX BOMB is
taking as much money as possible OUT
of your IRA/401k tax bomb environment and
putting it into instruments that allow
you to
==grow your money without tax
and
==WITHDRAW IT WITHOUT TAX!!!
No ‘One Size Fits All Solution
I create such plans for my individual
and business clients every day…..
There’s ABSOLUTELY NO NEED FOR
YOU TO ALLOW THE IRS TO STEAL YOUR
MONEY!!!
As with all things financial, there’s no
‘one size fits all’ solution…each person
is different and therefore each plan design
must be different….but to do nothing is
insane….
Now Its On You
NOW THAT YOU KNOW THERE’S A
SOLUTION…if you suffer its now YOUR FAULT.
Tomorrow I’ll share how the Social Security
Administration literally STEALS YOUR MONEY!!!
Reach Out To Me If You Have Questions.
OR
…send me an email :ironkop@gmailcom
or if reading on my blog or Facebook page
leave your questions or comments below.
Remember…..
“Things Don’t Get Better With Neglect…..”
Kevin Pritchett, Esq
Law Office of Kevin Pritchett, Inc.
312-505-1957
ironkop@gmail.com
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