Independent Contractors with few or No employees, are an Ideal Candidates for a 412 (e) Defined Benefit Plan which includes a Million Dollar Life Insurance Policy and a Promise of a Million Dollar Accumulation at the Retirement Age of 62, (If scheduled annual premiums are made), the MILLION DOLLARS, IS ABSOLUTELY GUARANTEED, WHETHER YOU LIVE OR DIE. Keep reading to find out more! 412(e)(3) Benefit Plans allow for extremely large deductions to a business retirement plan. These plans are particularly suited for business owners and professionals who have few or no employees. They are designed to maximize the deduction for the older small business owner to enable him to accumulate funds for his retirement in a very short period of time. The total plan contribution is deductible to the business, so “Uncle Sam is subsidizing the contribution.” Guaranteed One Million Dollar, Live or Die! Additionally, the annual plan costs shown above are reduced each year by the prior year’s life insurance dividend (the Affinity 7Q Whole Life Insurance) and by the amount of interest paid on the annuity (the Palladium Group Fixed Annuity) more in excess of 1%. If death occurs, the family will receive the One Million Dollar face amount of the policy PLUS the cash value of the annuity at the time of death. Can this be set up for more/less than One Million Dollars? Yes! Create a Two Million Dollar Program by doubling the numbers (approximately) or create a “Half Million Dollar Program” by cutting the numbers in half. For more information please contact Angelo at (941) 586-9300 or E-mail me at [email protected]
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