IUL Retirement Plan | Jim Ngo - Ontario, CA

There are three problems with the way we save for retirement in a 401k, 403b, IRA, or SEP:

• Income taxes
• Investment losses
• Management fees.

Together they can reduce our retirement income by at least 30% or 40%!
They are all avoidable!
How? with Internal Revenue Code sections 101 and 7702.
These two provisions of the tax code allow us to earn interest on our money without taxation and receive income during retirement:

• Without taxation
• Without investment losses
• Without management fees

We can take advantage of these tax code provisions with a contractual guarantee to credit our money with an interest rate based only on the gains of a stock market index like the S&P 500, but without any of the index losses.