Business Owners typically have relied on 401(k) plans, SEPs and IRAs to fund their Retirement Plan.
BELIEVING THAT they are saving money on taxes with their Traditional Retirement Plan.
TAX DEFERED = PAY LATER.
When you put your Retirement Money in an SEP or 410(k) account
YOU will PAY TAXES when you withdraw it.
It WILL COST YOU THOUSANDS.
When you need it most. When you RETIRE.
The Bottom Line is UNCLE SAM Wants Your Money!
In other words, you can get tax-deferred growth with no contribution limits and access to your money whenever you want – free of taxes. The provisions that make it possible for you to access your retirement savings tax-free have been around for decades. The people who have been taking advantage of this are wealthy individuals and Fortune 500 executives. These are the folks who can afford expensive tax attorneys and advisors to make it happen. In other words, you don’t have to be a multi-millionaire to do this.