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A smarter, more complete alternative to 401 k

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  • Terrifi, Bryan. Short and sweet ... and easy to understand.
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A smarter, more complete alternative to 401 k

  1. 1. A Smarter, More Complete Alternative to 401K A Very Short Story
  2. 2. The Best Kept Secret The under used and until now overlooked IRS Sec. 7702.Provides cash for:• Emergencies • Withdrawals without penalty .• Death • Tax free income to age 120 .• Disability• Illness • Stock market returns… upside no• Cancer, Heart Attack downside .• Stroke • Your money blossoms when• Long Term Care transferred to your heirs .Began in 1995 The only good plan is one that protects you and your family, no matter what…
  3. 3. Why Its Time to Retire the 401(k) By Stephen Gandel Friday, Oct. 09, 2009 http://www.time.com/time/business/article/0,8599,1929119,00.html#ixzz0okgNZ81R“The ugly truth,… is that the 401(k) is a lousy idea,a financial flop, a rotten repository for ourretirement reserves.”The solution: a new type of insurance.Retirement savings, it turns out, are exactly thetype of asset we need insurance for.Read more:http://www.time.com/time/business/article/0,8599,1929119,00.html#ixzz0okff0Dcf

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