Post by Clayton Walker on Sept 15, 2008 7:55:29 GMT -5
Are you in the position of having to make mandatory withdrawals from your IRAs? You are not alone.
Beginning this year, and continuing for the next 15 years, over TEN THOUSAND people per day will turn 65 years of age. Many of these senior citizens are people who have saved and invested (after taxes) their discretionary money over a long period of time into these "tax-free" accounts.
Now, they must take out some of that money. Some will need the money to maintain their lifestyle. Others will wish to re-invest it into something that is tax friendly and will provide a good ROI.
Our government is really desparate to get their hands on as much of this money as they can, so, according to law, a certain percentage of the funds must be distributed and a tax paid on the distribution. I might mention here that there is some talk in Congress about extending the age of mandatory withdrawal, but there is little support and I personally would not count on its changing.
I also have to say here that I am NOT a broker, banker, CPA or financial planner and do NOT give investment advice. Like a great many people in this Country, I have bought stocks, bonds and various other financial products hoping to generate cash flow and increase my net-worth. Trading stocks through an online brokerage firm can be really exciting, especially if you like to go to Vegas.
After always doing a lot of research and homework on which securities would produce the highest ROI with the least risk, I made some money on a few...and some were stinkers. Most of my currently held stocks are in the tank right now and, your 401K probably is too. I am 54 years old and don't want to wait 5 years to get out of the hole and 10 to 15 years to get an acceptable, above-average ROI.
If you are in that position of having to withdraw and pay taxes on your IRA accounts, I know of something which might be a solution to the negative disposition of your funds. It could have both immediate and long-term benefit for you. It is not a financial investment in the traditional sense as it involves a little-known, cooperative marketing affiliation with a privately-owned, 9 year-old, Arizona based company.
This Company is debt-free and owned by a company with Annual Sales over 1 Billion Dollars. Sales Revenues for this company in 2008 are projected to be very close to $100,000,000, which will be a healthy increase over 2007.
Now is not the time for me to put forth my exact, personal ROI over the last 5 1/2 months in which I have the pleasure of being involved with this business. However, if you wish to contact me, I will be glad to share that information with you. I will say here and now that it has been WAY above average and a great deal better than the ROI on my stock portfolio.
One more note on taxes and then I will give you my contact information and a link to a website I have published titled "A Good Business Investment" for some insight on this subject.
There are over 66,000 pages in the Internal Revenue Service tax code. I certaintly do not know all of what is in it and how it can benefit or bankrupt you. For that matter, no one at the IRS knows and no one in Congress knows either. I DO know this. There are, indeed, many favorable tax considerations for this particular enterpirse and they are available to most people, if they knew about it.
You can learn more by going to: www.ownaworkathomebusiness.com/trivita-a-good-business-investment.html
You may contact me, Clayton Walker, using the information below.
Thank you for your time and make it a good business investment day,
Clayton Walker
1854 N. Pointer Lane
Fayetteville, AR 72701
Email: itsgoodbusiness@flywheel.ws
Call Me at 479-587-9499, central time zone please
Skype: clayton..walker
www.ownaworkathomebusiness.com/trivita-cooperative-marketing.html
www.ownaworkathomebusiness.com/trivita-a-good-business-investment.html
www.ownaworkathomebusiness.com/trivita-its-good-business.html
www.ownaworkathomebusiness.com/trivita-b12.html
www.ownaworkathomebusiness.com/about-trivita.html
Beginning this year, and continuing for the next 15 years, over TEN THOUSAND people per day will turn 65 years of age. Many of these senior citizens are people who have saved and invested (after taxes) their discretionary money over a long period of time into these "tax-free" accounts.
Now, they must take out some of that money. Some will need the money to maintain their lifestyle. Others will wish to re-invest it into something that is tax friendly and will provide a good ROI.
Our government is really desparate to get their hands on as much of this money as they can, so, according to law, a certain percentage of the funds must be distributed and a tax paid on the distribution. I might mention here that there is some talk in Congress about extending the age of mandatory withdrawal, but there is little support and I personally would not count on its changing.
I also have to say here that I am NOT a broker, banker, CPA or financial planner and do NOT give investment advice. Like a great many people in this Country, I have bought stocks, bonds and various other financial products hoping to generate cash flow and increase my net-worth. Trading stocks through an online brokerage firm can be really exciting, especially if you like to go to Vegas.
After always doing a lot of research and homework on which securities would produce the highest ROI with the least risk, I made some money on a few...and some were stinkers. Most of my currently held stocks are in the tank right now and, your 401K probably is too. I am 54 years old and don't want to wait 5 years to get out of the hole and 10 to 15 years to get an acceptable, above-average ROI.
If you are in that position of having to withdraw and pay taxes on your IRA accounts, I know of something which might be a solution to the negative disposition of your funds. It could have both immediate and long-term benefit for you. It is not a financial investment in the traditional sense as it involves a little-known, cooperative marketing affiliation with a privately-owned, 9 year-old, Arizona based company.
This Company is debt-free and owned by a company with Annual Sales over 1 Billion Dollars. Sales Revenues for this company in 2008 are projected to be very close to $100,000,000, which will be a healthy increase over 2007.
Now is not the time for me to put forth my exact, personal ROI over the last 5 1/2 months in which I have the pleasure of being involved with this business. However, if you wish to contact me, I will be glad to share that information with you. I will say here and now that it has been WAY above average and a great deal better than the ROI on my stock portfolio.
One more note on taxes and then I will give you my contact information and a link to a website I have published titled "A Good Business Investment" for some insight on this subject.
There are over 66,000 pages in the Internal Revenue Service tax code. I certaintly do not know all of what is in it and how it can benefit or bankrupt you. For that matter, no one at the IRS knows and no one in Congress knows either. I DO know this. There are, indeed, many favorable tax considerations for this particular enterpirse and they are available to most people, if they knew about it.
You can learn more by going to: www.ownaworkathomebusiness.com/trivita-a-good-business-investment.html
You may contact me, Clayton Walker, using the information below.
Thank you for your time and make it a good business investment day,
Clayton Walker
1854 N. Pointer Lane
Fayetteville, AR 72701
Email: itsgoodbusiness@flywheel.ws
Call Me at 479-587-9499, central time zone please
Skype: clayton..walker
www.ownaworkathomebusiness.com/trivita-cooperative-marketing.html
www.ownaworkathomebusiness.com/trivita-a-good-business-investment.html
www.ownaworkathomebusiness.com/trivita-its-good-business.html
www.ownaworkathomebusiness.com/trivita-b12.html
www.ownaworkathomebusiness.com/about-trivita.html