IRA & Retirement Plan Investing: Best IRA Rescue: Million Dollar IRA

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Powerpoint slides on a superior retirement planning strategy called Roth IRA on Roids which allows for tax-free distributions, tax-free growth, guaranteed principal and guarateed death benefits.This is part two of a two-part series discussion on IRA Retirement Plan Investing. Read part one: IRA Retirement Plan Investing. The government forgave the fact that you saved money tax free, they now want their money. So the beneficiary of that million dollar traditional IRA is going to have to pay an income tax.

The balance is going to trigger Internal Revenue code section 2031. That's the estate tax. On the date of death, everything you own, titled in your name, is taxed to your estate and it quickly goes up to the 55%. You now have a double tax. Of the million dollar traditional IRA account, approximately $750,000 to $800,000 is going to go to the government for income taxes and estate taxes as it becomes an inherited IRA because there were no IRA distributions taken. Only $250,000 could go to your family. Now, there are going to be exceptions to this, of course. But the rule is, if you have a Jumbo traditional IRA and an estate tax problem, I can guarantee you that you are going to pay a double tax and the stretch IRA does not solve your problem.

Minimize Your Inherited Taxes: Best IRA Rescue Plan

So, what is this powerful wealth building tool that you can use to minimize the impact of this taxation? It's called a Best IRA Rescue Plan. And you do this long before you die, the minute you recognize that you have an estate tax problem, when you add up all your assets. It's called Best IRA Rescue Plan. It's not something I can talk to you about over the internet, or show you how it is done. It's complicated. It requires skill sets, again, I don't personally do it, but I can bring to the table people that do, who are familiar with this, who can legally do this, to avoid the 75% to 80% taxation.

If you find yourself in this particular kind of situation, call us for a free, private and initial consultation or speak to your accountant. You can try to avoid that 75 to 80% tax crime. There are other types of tax planning solutions available. If you don't have a personal accountant that you can trust ensure that all tax procedures are legal. I never condone illegal practices via creative accounting measures. Seek for ways to protect your assets against unscrupulous lawyers and predator creditors as well. There are a myriad of ways to defer taxes, protect your assets, minimize taxes, and reposition your assets to your advantage and it would be all completely legal. It's just knowledge. Again, call a qualified accountant with additional credentials or you may contact us to ensure that the government doesn't over pick your pockets by passing new legislature.

The reporting requirements are going to be far stricter in the future. I was reading the other day that the IRS is going to be mandating more and more reporting requirements, especially for people who are self-employed, or that work in the building industry, or even for persons who work in more traditional fields such as the ones you would hire, like a landscaper or carpenter or electrician for your home. They're going to be sure that they catch everybody.

There's at least 18 trillion dollars in untaxed qualified pension money. We have certain ways of trying to legally show you how you can use these wealth building tools to your advantage for IRA investments. For the Roth on Roids, call us. What we will do for you is get back to you with your very own plan. What we need from you is: how old are you, how much money you want to put in, are you healthy and when you plan to retire. Based on this information, we can show you how you can use these wealth building tools.

I'm Rocco Beatrice. I'm the managing director for Estate Street Partners. I look forward to hearing from you. I will be happy to discuss with you your particular financial and ira retirement plan investing objectives. Thank you. Please visit part 1 of this two-part series discussion on IRA Retirement Plan Investing: IRA Retirement Plan Investing.

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
543 Victoria Ste. J, Costa Mesa, CA 92627
toll-free: 888-93ULTRA (888-938-5872)
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

Providing the best IRA retirement plans for your ROTH IRA, traditional IRA and inherited IRA. Contact us now to reduce your inherited IRA taxes even if you have complex estate tax problems.

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