In 1985, U.S. President Ronald Reagan made a move that today guarantees thousands of Americans the opportunity to retire tax free.
In short, Reagan tried (and failed) to eliminate the tax advantages of this specific account during his tax reform.
But Reagan’s failure was like a gift to retirees.
Today, many smart investors think of this account as like a 401(k) or an IRA… Only better. And it has nothing to do with banks or any government program.
For a start, it pays tax-free interest and dividends to account holders.
(Although the dividends and interest are not always guaranteed, the account issuers referenced in this report have paid an unbroken string of interest and dividends for more than 100 years.)
You can access the money in the account whenever you want to, without penalties.
And unlike traditional retirement accounts that invest your money in stocks, (which is why your 401(k) rises and falls with the market), this account is completely separate from the stock market.
Also, legally you don’t have to disclose how much money you have in this account to the IRS. They cannot tax it. They cannot trace it. And it does not count as assessable income. So you can reduce your tax bill simply by putting your money in this account.
In a keynote speech in 1964, President Reagan told the crowd that this account “would pay more than social security.”
And it’s true.
In fact, according to the math Reagan himself shared that day, if you’re eligible to receive $2,366 from Social Security in retirement today, you could have set yourself up to retire with $4,098 per month if you used this account instead.
So thank you, President Reagan, for failing to shut down this loophole.
If you would like to know more about this account, click here to watch this presentation by The Palm Beach Research Group (PBRG). They’re a financial think tank based in Florida that has been investigating these accounts for the past three years.
The PBRG’s report tells you exactly what to do to open one of these accounts for yourself, so you can start collecting tax-free interest and dividends immediately.
If you’re interested in building your wealth, slashing your taxes, and generating a considerable income stream to live off in retirement, hurry and watch this presentation now. Because of the somewhat controversial nature of the content, it may not remain online for long.