https://www.youtube.com/watch?v=D3Yq3m8snKk

Although Trump’s Tax Reform cut taxes in many ways, millions of Americans will see taxes increase in 2018.  The lower standardized deduction and the $10K cap on deductions for SALT (State and Local Taxes) will primarily affect those in the upper-middle to mid-upper class.   Consequently, tax planning is becoming a growing priority for an increasing population.  But for one of the most common tax-minimizing tactics, the Roth IRA, the luster is wearing thin as its limitations are becoming increasingly apparent.  In its place, the Rich Person Roth is taking center stage as a strategic tool to reduce current and future income taxes, as articulated by David Rae, in the Forbes article, Rich Person Roth: For The Most Tax-Free Retirement Income.

This article discusses how the Rich Person Roth beats a basic Roth IRA and how it overcomes the biggest risks to your financial security.  Then it opens a candid dialogue about why it isn’t for everyone.

In addition to discussing the points of this article, we’ll help you think through how best to reduce income taxes and create a future of time and money freedom.

Table of contents* Where Privatized Banking Fits into Your Cash Flow System* Why Future Tax-Free Income Is in High Demand* Tax-Deferred* Taxable* Tax-Free, or Tax-Exempt* Why the Roth IRA Falls Short* 1) Loss of Control with Limited Access* 2) Low Contribution Limits* Accumulation Insufficient to Support Future Desired Lifestyle* 3) Many Earn Too Much to Contribute at All* A Better Alternative for Tax Planning: The Rich Person Roth* What Is a Rich Person Roth?* The Rich Person Roth Works Great for Women, Too* The Benefits of Using Cash Value During Retirement* Control* Use More of Your Money and Still Leave a Legacy* Enjoy Your Money More* Reduce Future Taxable Income* Options for Turning Life Insurance Cash Value into an Income Stream* The Drawbacks to Using a Rich Person Roth and How to Overcome Them* A Better Alternative for Tax Planning*