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As Americans, it's in our nature to stand up to tyrannical taxation. Beginning a Tax-Free Income plan is our personal Boston Tea Party.
Look at all the godless programs our government funds with OUR HARD EARNED TAXES! Endless wars, Sending our money over to ukraine & the taliban's weekly check yet in NC people are suffering, we fund Abortion, sex change operations for children, political favors, pharmacudical experiments with our tax money, welfare programs for those who milk the system and hotel rooms with wallmart cards illegal aliens.
The list goes on and on and WE PAY FOR ALL OF THIS THROUGH TAXES!
(The Face Amount is the "loophole" for the Tax Free Income, yes, you pay for the insurance benefits, but much less than what you would pay in taxes on the income stream over time.
Day one you have your Face Amount, in most cases, guaranteed to age 120.)
While cash accumulation is the main beauty of these plans you are also covering your Family in the unfortunate case you have a heart attack, stroke, cancer, are disabled, get a chronic illness or terminal illness and includes a death benefit and insurance benefits for Family members.
Through the overfunding of policies you can build up a Tax Free Retirement nestegg that will outpace stock market index returns and fixed rates of CD's while protecting you against losses or economic downturns.
Access to your money is available any way you need, these plans are liquid in the early years & with some companies we can get 100% liquidity in about five years.
Any money you take out, whether by withdrawals or systematic payments, comes out TAX FREE.
We design the plan to where you can put a certain amount in, WITHOUT becoming a MEC (tax deferred retirement plan). We ensure the Face Amount remains in force until at least age 100, most policies are guaranteeing to age 120 now.
Some companies concentrate on Face Amount & Living Benefits, some have minimal Living Benefits with a concentration on Cash Accumulation.
Living Benefits include: Chronic Illness (Long Term Care Insurance), Critical Illness (Heart Attack, Stroke Cancer etc.), Critical Injury & Terminal Illness.
Cash Accumulation Goal: Some companies offer enhanced Interest Crediting methods, very innovative ways to outpace the market returns while providing minimal Living Benefits.
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