![]() |
Best IRA Rescue plan is the Roth on Roids™ not the Traditional IRA or Roth IRA |
|
Roth IRA on Roids is your Best IRA with superior guaranteed and insured retirement benefits |
![]() |
|
Roth IRA on Roids is like a savings account deposited with an insurance company, rather than a commercial bank, such as Bank of America. It's an improved wealth-building tool. The purpose is to grow your retirement nest egg without taxation and be able to withdraw your savings tax-free, in your sunset years. The benefits of the Roth IRA on Roids wealth building tool are that it acts like a Roth IRA but with:
Absolutely. The Roth IRA on Roids works because your savings account is deposited with an insurance company, rather than a commercial bank, such as Bank of America.
This savings account is technically "wrapped" by an insurance policy. Insurance companies do not pay income or capital gains taxes on insurance policy returns – and neither will you. As a bonus of having your savings account wrapped by an insurance policy, you get a death benefit included at no additional cost.
Call us today to discuss options specific to your situation at (888) 93-ULTRA or directly at 508-429-0011. We can give you an example based on your age and amount you wish to grow within this third bucket wealthbuilding tool.
Best IRA Rescue.com, managed by Estate Street Partners, provides advanced strategic IRA retirement planning services including converting from Roth IRA and Tradtional IRA schemes, reducing inherited IRA taxes & penalties and planning in a stretch IRA, and IRA real estate and investments. Best IRA Rescue.com is a collaboration of financial experts from the legal, accounting, insurance, health care, conflict management, and tax professions. Our operating strategy is to leverage our collective knowledge and resources with multi-dimensional financial strategies, designed to protect your assets from potential frivolous lawsuits, preserve your wealth by recapturing lost tax dollars, defer capital gains taxes, reduce taxes on your income streams, eliminate probate and estate taxes, and tax efficient wealth transfers to your next generation.
The classic example: A 60 year-old executive of a major corporation, who upon leaving the company, rolled-over his 401K and other qualified plans into an IRA, to avoid the immediate impact of taxation.
If the former executive died without an IRA RESCUE, only $748,200 (25%) would pass to his heirs. 75% of his three million dollar IRA would go to taxes.
| Your Large IRA (or qualified money) | $3,000,000 |
| Federal Estate Tax (50%) | $ (1,500,000) |
| State Death Tax (7%) | $(210,000) |
| Balance Subject to Income Taxes | $1,290,000 |
| Federal Income Taxes (35%) | $(451,500) |
| State Income Taxes (7%) | $(90,300) |
| Balance to your Heirs | $748,200 (i.e. 25%) |
The trigger for double taxation is "IRD" [I]ncome in [R]espect of a [D]ecedent, Internal Revenue Code (IRC) Section 691. Income in Respect of a Decedent (IRD) refers to those amounts to which a decedent was entitled as gross income, but which were not properly includable in computing the decedent's taxable income for the taxable year ending with the date of the decedent's death [or] for a previous taxable year under the method of accounting employed by the decedent.
Pursuant to Sec. 691, the amount of the IRA distribution is included in the "gross income" of the beneficiary for the tax year when it is received. Another way to present this theory of double taxation is the "deferral" pay later. Taxes are deferred until there's a trigger. The trigger is, death.
NOTE: Because of the complex calculation of IRD, your untaxed IRA can be included in both your estate tax return and the income tax return of your IRA recipient, thus creating the potential 75% Tax-Trap of double taxation. Your actual taxes can only be determined by your actual facts. It's absolutely certain, that if you have a large or jumbo IRA and you have an estate tax problem, your taxes will be doubled because they are tax-trapped.
To find out more and to discuss your IRA for advanced and accelerated Best IRA Rescue planning and solutions:
Call us today to discuss options specific to your IRA situation at (888) 93-ULTRA or 508-429-0011.
We can help you estimate your IRD and show you how to mitigate this unpleasant circumstance with Best IRA RESCUE planning.
Best IRA Rescue.com, managed by Estate Street Partners, provides advanced strategic IRA retirement planning services including converting from Roth IRA and Tradtional IRA schemes, reducing inherited IRA taxes & penalties and planning in a stretch IRA, and IRA real estate and investments. Best IRA Rescue.com is a collaboration of financial experts from the legal, accounting, insurance, health care, conflict management, and tax professions. Our operating strategy is to leverage our collective knowledge and resources with multi-dimensional financial strategies, designed to protect your assets from potential frivolous lawsuits, preserve your wealth by recapturing lost tax dollars, defer capital gains taxes, reduce taxes on your income streams, eliminate probate and estate taxes, and tax efficient wealth transfers to your next generation.
Additionally, Best IRA Rescue.com provides services on your IRA investments & traditional IRA and will help you reduce your inherited and beneficiary IRA taxes in your estate assets. Roth IRA on Roids is your advanced Roth IRA retirement planning strategy. Roth IRA on Roids is Cash Value Life Insurance and one of the best IRA tax-savings strategies with benefits of a guaranteed death benefit, guaranteed principal, tax-free growth, and tax-free distributions from your policy loans. Traditional IRAs and Roth IRAs cannot invest in life insurance. Roth IRA on Roids is your best choice for the hard times ahead. Contact us if you have any questions on your 401K to IRA rollover, IRA contribution limits, penalties or any concerns you have regarding your IRA account.
*These returns are equivalent taxable rates of 8 to 15 percent based on historical average performances and assume a tax rate of 40 percent. These numbers are probable and not guaranteed . Please contact Best IRA Rescue.com for your free personal consultation at (888) 93-ULTRA or 508-429-0011.
Rocco Beatrice, CPA, MST (Master of Science in Taxation), MBA (Master of Business Administration), BSBA (Management/Accounting), CWPP (Certified Wealth Preservation Planner), CMMB (Certified Mortgage Broker), CAPP (Certified Asset Protection Planner), Managing Director, Estate Street Partners, LLC. Mr. Beatrice is an asset protection, award-winning trust, estate planning and tax expert.
If you are seeking for the best return on your IRA and Roth IRA investments while reducing your taxes then call us now for your initial, completely FREE, no obligation, no sales pressure, 100% total & complete client privacy consultation. Call us toll-free now at 888-93-ULTRA (888-938-5872)!
Estate Street Partners, LLC
Uncompromising, Alternative and Exclusive Retirement Planning & Wealth Management for an Accelerated Chartered Roadmap to Financial Success
Boston (head office):
71 Commercial Street #150, Boston, MA 02109
toll-free: 888-93-ULTRA (888-938-5872)
tel: +1.508.429.0011 fax: +1.508.429.3034
California:
543 Victoria Ste. J, Costa Mesa, CA 92627
toll-free: 888-93ULTRA (888-938-5872)
Nevada:
Only by appointment: 2235 E. Flamingo Road, Suite 201-G, Las Vegas NV 89119
toll-free: 888-93ULTRA (888-938-5872)
tel: 702.615.7616 fax: 702.796.6694