Post on 10-Jan-2016
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Presented byPresented by
SMART INVESTMENT ADVISORS LLCSMART INVESTMENT ADVISORS LLC
Tax Shelters
F.L.I.P.P – REVOLUTIONARY SOLUTION
Options for Retirement
AGENDAAGENDA
FINANCIAL COMPONENTS
OPTIONS FOR FINANCIAL FREEDOM
ESTATE PLANNING & ASSET
MANAGEMENT
ESTATE PLANNING & ASSET
MANAGEMENT
ESTATE PLANNING & ASSET MANAGEMENTESTATE PLANNING & ASSET MANAGEMENT
No matter your net worth, it's important to have a basic estate plan in place.
Taking inventory of your assets is a good place to start Your assets include your investments, retirement
savings, insurance policies, and real estate or business interests
Trusts aren't just for the wealthy. Trusts are legal mechanisms that let you put
conditions on how and when your assets will be distributed upon your death. They also allow you to reduce your estate and gift taxes and to distribute assets to your heirs without the cost, delay and publicity of probate court, which administers wills.
ESTATE PLANNING & ASSET MANAGEMENTESTATE PLANNING & ASSET MANAGEMENT
The Federal Estate Tax Exemption The amount you may leave to heirs free of
federal tax -- changes regularly.
There are easy ways to give gifts tax-free and reduce your estate.
TAX SHELTERSTAX SHELTERS
TAX SHELTER - WHAT IS IT?TAX SHELTER - WHAT IS IT?
A legal method of minimizing or decreasing an investor's taxable income and, therefore, his or her tax liability.
Tax shelters can range from investments or investment accounts that provide favorable tax treatment, to activities or transactions that lower taxable income.
TYPES OF TAX SHELTERSTYPES OF TAX SHELTERS
IRAs 401(k) and 403 (b) plans Real Estate Investments Pension Plans Setting Up Your Own Business Municipal Bonds Employer-Sponsored Health Coverage Employer-Sponsored Life Insurance Employer-Funded Education
FINANCIAL COMPONENTSFINANCIAL COMPONENTS
FINANCIAL COMPONENTS TO KNOWFINANCIAL COMPONENTS TO KNOW
Tax Quotient - What is it? Net Income vs. Expenses
Leveraging How to Leverage your Income
Purchase a Home Stock Investments
The Rule of 72
WHY USE A FINANCIAL ADVISORWHY USE A FINANCIAL ADVISOR
Learn how to get a greater return on investments CD’s IRA’s Insurance Plans
FOR EXAMPLE…FOR EXAMPLE…FOR EXAMPLE…FOR EXAMPLE…
SAVINGS PLANSSAVINGS PLANS
Two Types “Put and Take” “Put and Keep”
Banks, Credit Unions, Mutual Funds
Why did 95% Fail? NO SAVINGS PLAN…NO SAVINGS PLAN…
WHAT ARE MY OPTIONS?WHAT ARE MY OPTIONS?
WHAT IS F.L.I.P.P?WHAT IS F.L.I.P.P?
Family Legacy Insurance Pension Plan
Family Legacy Insurance Pension Plan
What is F.L.I.P.P “Pension/Savings Plan on Steroids”
Allows you to save more over a shorter time span
Tax-Free withdrawal for Family Use as Emergency Fund Self Completion Critical Illness Rider
FOR EXAMPLE…FOR EXAMPLE…FOR EXAMPLE…FOR EXAMPLE…
DRAFT 1
$58,000/yr (withdrawal each year between 65 and 90)
BENEFITSBENEFITS
Add family members for coverage $25,000/year for Child = $150/year payment $250,000/year for Spouse = $300/year payment
Affordable Plans Use money from:
401k/401b IRA/Roth IRA CD’s Term Insurance College Savings Plans Annuities Part-Time Employment Home Based Business *(Tax Breaks and Additional Refunds)
BENEFITSBENEFITS
Monthly benefits from the plan after you retire Joint and survivor annuity Factors to Consider
Insurability and cost of insurance Cost of Living adjustments Health and Life Expectancy Gender
BENEFITSBENEFITS
Roll-Over Options (Combo Plan) Roth IRA Single Premium Immediate Annuity
PAYING FOR INSURANCE WITH PRETAX DOLLARS
PAYING FOR INSURANCE WITH PRETAX DOLLARS
USE F.L.I.P.P. AS A…USE F.L.I.P.P. AS A…
Bank Plan/Life Plan Purchase a Car Use Money for Home Down Payments
Tax Credits and Refunds Dumping Plan
Put extra money into F.L.I.P.P. and MAKE YOUR MONEY GROW FASTER!
WHY IS F.L.I.P.P. BETTER THAN MUTUAL PLANS?
WHY IS F.L.I.P.P. BETTER THAN MUTUAL PLANS?
Minimal Fluctuation Index Life Strategy Supplement other Life Insurance Plans with
F.L.I.P.P.
F.L.I.P.P. Remains Constant in Unsteady MarketsF.L.I.P.P. Remains Constant in Unsteady Markets
GENERATE INCOMEGENERATE INCOME
Income
To
Family
Generational Income
FOR EXAMPLE…FOR EXAMPLE…FOR EXAMPLE…FOR EXAMPLE…
GET RID OF DEBTGET RID OF DEBT
Group Insurance Debt Rider to Pay Debt Mortgage Education Business Loans
Liquidate
MINIMIZE INVESTMENTSMINIMIZE INVESTMENTS
Dumping Fund
For Excess Money Nonqualified Pay Premiums with Non-Tax
Dollars Save 35% to 40% in Taxes
THINK ABOUT RETIREMENTTHINK ABOUT RETIREMENT
Replace Group
Insurance
Inflationary Proofing your Trust Securing your Insurance before
your next birthday 10% Bonus
MAXIMIZE TAX DEFERRED SAVINGS OPTIONS
MAXIMIZE TAX DEFERRED SAVINGS OPTIONS
Maximize
Pension from
Employer
Designed to Disinherit your Family Incontestable Clauses Estate Taxes
FOR EXAMPLE…FOR EXAMPLE…FOR EXAMPLE…FOR EXAMPLE…
Maximize
Pension from
Employer
(1) $2,000 0 NO(2) $1,400 $1,400 100%
(3) $1,600 $ 800 50%
Option YOU SPOUSE TRUST
$ __________
$ 600/mo Lost
$ 400/mo Lost
INSURANCE TRUSTS – DURING LIFETIMEINSURANCE TRUSTS – DURING LIFETIME
INSURANCE TRUSTS – UPON DEATHINSURANCE TRUSTS – UPON DEATH
PAY TAXESPAY TAXES
Pay Taxes on
Investment Gain
Tax breaks for Tax-Favored accounts
No tax on interest or dividends Collector or Creditors Denied
FOR EXAMPLE…FOR EXAMPLE…FOR EXAMPLE…FOR EXAMPLE…
Maximize
Pension from
Employer
$300,000 TSA/IRA/Investment$117,000 Taxes to beneficiary (IRS)
$183,000 Net
Solution: Use$117,000 from the Insurance Trust
$300,000 without any loss
OBTAIN TAX FREE PLANSOBTAIN TAX FREE PLANS
• $ 1,000 • Tax Free
Tax Free Retirement
Plan
$ 2,000 TAX FREE = $3,200 Before Taxes
Roth IRA’s Spouse Deductible IRA’s Solo 401k Keogh Plans
Income
To
FamilyConcept
Liquidate
Debts
Dumping
Fund
Maximize
Pension
from
Employer
Tax Free Retirement
Plan
1) Group Insurance Debt
2) Rider to Pay
Debt3) Mortgage
4) Education
5) Business
6) Loans
7) Etc.
For Excess Money
Nonqualified
Or
Pay Premiums
with Non-Tax Dollars and save 35% to 40% in Taxes
Replace Group
Insurance
At Retirement
1)Inflationary Proofing your Trust2) Secure your Insurance before your next birthday (10% Bonus)
Designed to
Disinherit Your
Family
Pay Taxes on
Investment
Gain
$ 2,000 Tax Free
Equals
$ 3,200 BeforeTaxes
•TSA•Lower Mortgage Payments•Consolidate Debts•Bonds•CD’s•Roth IRA
Funding SourceBenefits •Pay to Age 65
•Lifetime Pay•Pay in 9 Years or Less
$500,000$500,000$500,000$500,000
• TSA Investors can realize free insurance• Eliminate Term Insurance Premiums and invest in Mutual Funds
Concepts to Understand
$300,000 TSA/IRA$117,000 Taxes
to
Beneficiary____________________$183,000 Net
SOLUTION USE
$117,000 From the
Insurance
Trust
$300,000 Estate Without Any
Loss
IS F.L.I.P.P. FOR YOU?IS F.L.I.P.P. FOR YOU?
Please contact your representative Please contact your representative for a for a FREE FREE Consultation…..Consultation…..
And start Living Life Financially And start Living Life Financially Free!Free!
Sedrick RobinsonSedrick Robinson
313.617.6071313.617.6071
info@smartinvestmentadvisors.com info@smartinvestmentadvisors.com