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Precious Metals IRA

 

Domestic Retirement Funds Are Under Attack- Take Action Now to Safeguard Your Portfolio and Boost Your Returns Offshore

For many investors plummeting stock markets are just half their worries. All around the world traditional retirement programs are coming under attack.

Get ready for the Great Pension Purge...

Here in the United States, corporate pension plans just recorded their worst performance since the 1987

stock market crash. (As we went to press, funding ratios had plunged 20%.) And that’s not the worst of it... Now, the U.S. Pension Benefit Guaranty Corporation is implementing a controversial policy that will shift many pension assets from safe, fixed-income assets like U.S. Treasuries into riskier securities, from emerging market debt to junk bonds. Across the pond it’s even worse. In the U.K. 86% of all pension schemes are now in deficit. With every passing month it’s becoming clear that employers will not be able to make their required payments, potentially stiffing millions of current and future retirees. Then there’s the case of Argentina where 10 million citizens have watched President Cristina Fernandez’s government take over the entire private pension system. Just weeks ago the law became final, transferring $23 billion in private pension funds to the state! All future contributions will flow to the government, which has not ruled out spending that money on economic stimulus projects. Somehow this trend doesn’t make me feel all warm and fuzzy inside.

 

Don’t Let Them Get Away With It! Could outright “retirement plan confiscation” happen in the United States? It may might sound extreme but remember so did the idea of “Federal Agents” at banks and “government-owned automakers” just a few months ago. We’re living in an environment where rules can change from day to day. And these changes pose a serious threat to your wealth. The next sweeping reform be it allocation or confiscation could strike swiftly, with little to no warning. That’s why you need to get your house in order today.

 

Defend Your Assets...

Before the Next Administration

Is Sworn in on January 20th

This could be your last chance to free your retirement plan from the clutches of big government. The

best way to break free is to transfer your retirement account to a custodian who will allow you to selfdirect your finances. Once you are working with a retirement custodian, there are three primary options to consider...

 

Option #1: Move Your Funds

to a Non-U.S. Bank

Benefits:

Safely explore the most rewarding corners of the financial world far from the clutches of greedy bureaucrats, sue-hungry lawyers and data-mining snoops.

Privately trade stocks, bonds, mutual funds, CDs, precious metals and currencies.

Buy into elite mutual funds, managed by award-winning financial analysts who have consistently

proven to outperform their American counterparts, year after year.

Wh Preservatiochniques

Option #2: Purchase a

Non-U.S. Annuity

Benefits:

Prevent creditors from

gaining unwarranted access to your funds.

Participate in investments that are normally unavailable to U.S. citizens.

Hold your assets in a safe offshore haven without violating IRS regulations.

Note: To buy an offshore annuity, you must work with an advisor who has been approved by the insurance company. These investment vehicles are not self-directed, so it’s important to choose an advisor carefully.

 

Option #3: Form an International

Business Company (IBC)

or Foreign Corporation

Benefits:

Adds a significant layer of asset protection and privacy to your business (if established in the

right jurisdiction).

Can be used to open a foreign banking/trading account, purchase an annuity, make foreign

investments directly or purchase real estate.

Physical possession of your funds rests with a non-U.S. company that may not recognize

judgments awarded by U.S. Courts.

Note: Your IRA would be the owner or member of the corporation depending upon the structure and

YOU would be the manager with complete control over where the corporation does business. The custodian will of course insist on an annual statement of the corporation’s activities and assets owned by the corporation.

Your Offshore New Year’s Resolution

Most people don’t trouble themselves with thoughts of financial privacy until it’s too late. Sadly,

they’re content to let government “pick pockets” fish around in their wallets as long as they don’t take “too much.”

Section 408 of the Internal Revenue Code permits individuals to purchase land, commercial property, condominiums or residential property with funds held in an IRA. Eyeing a piece of investment property? Here’s what to do...

• Set up a non-US LLC — owned by your IRA. (This gives you complete control over the LLC.)

• The LLC can open a bank account onshore or offshore, depending on where you are purchasing the property. You can pay all expenses, improvements or building costs directly out of your IRA checking account.

• Any income the property generates goes back into your account and is sheltered from any taxes.

• The LLC is the investment of your IRA as far as the custodian is concerned and can do whatever it pleases as long as it doesn’t break IRS rules. Note: Neither the IRA nor the custodian employ real estate police and it really is an honor system as to how property is used. I always suggest investors

keep their own journal to document the property was rented, vacant or used by a non-relative friend.

When it comes time to take a distribution, you simply move part of the LLC membership to yourself personally, rather than having to take title to the entire property at once. This allows you to control the amount of the distribution. Remember to seek professional counsel for any and all tax advice related to your retirement planning. Buy Bombed-Out Real Estate Through Your IRA! Don’t make that same mistake. To be sure your retirement funds remain intact, make an Offshore New Year’s Resolution today. Secure your financial privacy in 2009 and guarantee yourself a steady cash flow for years to come. I’ll be speaking on this subject at the next Total Wealth Symposium held in Bermuda this April. For more information contact

Opportunity Travel:

1-800-926-6575.

To take action immediately, please feel free to

contact me at 1-727-784-4841.

Larry C. Grossman, CFP®

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Website: www.sovereignpensionservices.com.Pension Purge...

Here in the United States, corporate pension plans

just recorded their worst performance since the 1987

stock market crash. (As we went to press, funding

ratios had plunged 20%.)

And that’s not the worst of it... Now, the U.S. Pension

Benefit Guaranty Corporation is implementing

a controversial policy that will shift many pension

assets from safe, fixed-income assets like U.S. Treasuries

into riskier securities, from emerging market debt

to junk bonds.

Across the pond — it’s even worse. In the U.K.

86% of all pension schemes are now in deficit. With

every passing month — it’s becoming clear that

employers will not be able to make their required

payments — potentially stiffing millions of current

and future retirees.

Then there’s the case of Argentina — where

10 million citizens have watched President Cristina

Fernandez’s government take over the entire

private pension system. Just weeks ago — the law

became final, transferring $23 billion in private

pension funds to the state! All future contributions

will flow to the government — which has

not ruled out spending that money on economic

stimulus projects.

Somehow this trend doesn’t make me feel all warm

and fuzzy inside.

Don’t Let Them Get Away With It!

Could outright “retirement plan confiscation”

happen in the United States? It may might sound

extreme — but remember — so did the idea of “Federal

Agents” at banks — and “government-owned

automakers” just a few months ago.

We’re living in an environment where rules can

change from day to day. And these changes pose a

serious threat to your wealth.

The next sweeping reform — be it allocation or

confiscation — could strike swiftly, with little to no

warning.

That’s why you need to get your house in order —

today.

Defend Your Assets...

Before the Next Administration

Is Sworn in on January 20th

This could be your last chance to free your retirement

plan from the clutches of big government. The

best way to break free is to transfer your retirement

account to a custodian who will allow you to selfdirect

your finances.

Once you are working with a retirement custodian,

there are three primary options to consider...

Option #1: Move Your Funds

to a Non-U.S. Bank

Benefits:

Safely explore the most rewarding corners of

the financial world — far from the clutches of

greedy bureaucrats, sue-hungry lawyers and

data-mining snoops.

Privately trade stocks, bonds, mutual funds,

CDs, precious metals and currencies.

Buy into elite mutual funds, managed by

award-winning financial analysts who have consistently

proven to outperform their American

counterparts, year after year.

Wealth Preservation Techniques

17

Option #2: Purchase a

Non-U.S. Annuity

Benefits:

Prevent creditors from • gaining unwarranted

access to your funds.

Participate in investments that are normally

unavailable to U.S. citizens.

Hold your assets in a safe offshore haven without

violating IRS regulations.

Note: To buy an offshore annuity, you must work

with an advisor who has been approved by the insurance

company. These investment vehicles are not

self-directed — so it’s important to choose an advisor

carefully.

Option #3: Form an International

Business Company (IBC)

or Foreign Corporation

Benefits:

Adds a significant layer of asset protection and

privacy to your business (if established in the

right jurisdiction).

Can be used to open a foreign banking/trading

account, purchase an annuity, make foreign

investments directly or purchase real estate.

Physical possession of your funds rests with

a non-U.S. company that may not recognize

judgments awarded by U.S. courts.

Note: Your IRA would be the owner or member

of the corporation depending upon the structure and

YOU would be the manager with complete control

over where the corporation does business. The custodian

will of course insist on an annual statement of

the corporation’s activities and assets owned by the

corporation.

Your Offshore New Year’s Resolution

Most people don’t trouble themselves with

thoughts of financial privacy until it’s too late. Sadly,

they’re content to let government “pick pockets” fish

around in their wallets — as long as they don’t take

too much.”

Larry C. Grossman, CFP®, CIMA®

specializes in creating customized

retirement plans for high net worth

individuals

sovereignpensionservices.com.Website:

www.sovereignpensionservices.com.

Section 408 of the Internal Revenue Code permits individuals

to purchase land, commercial property, condominiums or

residential property with funds held in an IRA.

Eyeing a piece of investment property? Here’s what to do...

Set up a

Your Retirement Plan Is In Jeopardy Take Urgent Ac...
Let’s Do The Hokie Pokie!
 

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