Missed Fortune Super Blog

A Savings Vehicle That Makes All the Difference

Missed Fortune – Impending Tax Rate Hikes–& What To Do About Them

Posted on | May 16, 2010

missed fortune super blog itunes 150x150 Missed Fortune   Impending Tax Rate Hikes  & What To Do About Them

Impending Tax Rate Increases

The Senate Budget Committee is currently recommending a top tax rate on dividends of 39.6 percent. This represents a 164 percent increase from the current 15 percent.

Add another 3.8 percent on all investment income starting in 2013 required by recent health care bill and you almost triple the top dividend rate to 43.4 percent.

Between corporate and individual dividends, the government can get up to 60 cents on each dividend dollar.

In light of this, it’s ridiculous that some financial advisors continue preaching the same old advice, such as to save in tax-deferred vehicles like 401(k)s.

But who in their right mind would want to defer taxes in this environment?

The classic definition of insanity is to keep doing the same things while expecting different results. And American retirees desperately need different and better results.

From Tax-Deferred to Tax-Free

Simple tax deferral can’t get you the retirement income you need to be secure and comfortable.

You need new strategies that give you tax-free growth, tax-free withdrawal, and tax-free transfer to heirs.

The Missed Fortune strategies provide these benefits.

What’s more, our clients have enjoyed average tax-free returns between 8 and 10 percent for the last four years — the worse economy since the Great Depression.

Related Articles:

*Life insurance policies are not investments and, accordingly, should not be purchased as an investment

Be Sociable, Share!
  • more Missed Fortune   Impending Tax Rate Hikes  & What To Do About Them


Leave a Reply

Warning: Unknown: open(/home/content/36/3927036/tmp/sess_r80gvpklrfh7p8r4r87ctdkos3, O_RDWR) failed: No such file or directory (2) in Unknown on line 0

Warning: Unknown: Failed to write session data (files). Please verify that the current setting of session.save_path is correct () in Unknown on line 0