**Attention: I don't provide any tax advice or tax service, But we can help you setting up the great tax advantage financial plan to suit your financial
goal.**
•Taxation: Potentially, the Most Powerful Challenge Facing Your Investments.
§ You EARN It »» THEY TAX IT
income tax, investment capital tax, ......
§ You SPEND It »» THEY TAX IT
sales tax, buying tax .......
§ You
SAVE It »» THEY TAX IT
CD interested tax, money market interest tax ...........
§You DIE »» THEY TAX IT
inheritance tax ( federal and state)(22%-55%)
|
Financial Products
|
Tax Deductible
|
Tax Deferred
|
Tax Advantage
Access
|
Invest Flexible
|
When Can I use
|
| Yes | Yes | No | maybe Yes | after 59 1/2 | |
|
|
Yes | Yes | No | Yes | after 59 1/2 |
|
|
No | Yes | Yes | Yes |
after 59 1/2
before 70 1/2
|
|
|
Yes | Yes | No | maybe Yes | after 59 1/2 |
|
|
Yes | Yes | No | maybe Yes | after 59 1/2 |
|
|
No | Yes | No | Yes | after 59 1/2 |
|
Life Insurance
IUL /
|
Yes or No
depend
|
Yes | Yes | Yes |
after 2nd
policy year
|
|
CD in Bank
|
No | No | No | No | depend |
|
Mutual Fund,
Stock, Bond
|
No | No | No | Yes | anytime |
Summary:
Life insurance is one of the best financial tool to help you achieving your financial goals.
Most of peoples have done three type of life insurance：
Index Universal Life : better plan for retirement supplement
Guaranteed Death Benefit -UL: good for senior people, return of premium (ROP)
option