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Precious Metals IRA

 

Uncle Sam Wants Your Retirement Money

 
The guys in Washington are getting desperate.
 
For years, our government has relied on the major Asian players like China and Japan to finance our debt.

I’m
sure you’ve heard this story. We bought their stuff, and they bought our Treasuries and other U.S. paper.

This system worked out great for us.

Today, that’s no longer the case. We’re the biggest financial losers on Earth…

Our national debt is a staggering $14 trillion! Worse, foreign investors don’t trust us to pay it down – so they’ve cut off our

cash flow.
 
In short, the government needs Treasury buyers. So the guys in Washington are turning to you… and your cash-rich retirement

plan to buy up those unwanted Treasuries.
 
Another Social Security?
 
The Department of Labor and U.S. Treasury Department are looking into ways to promote the conversion of retirement plans

into an “annuity payment.”
 
But here’s what you need to know: An “annuity payment” is really government speak for forcing you (think: mandatory Social

Security contributions) to buy U.S. Treasuries with your retirement money.
 
And most likely, the government wants to lock you into those low-yielding 30-year Treasuries that foreign investors no longer

want. That way, they can finance a mountain of deficits for decades to come.

Imagine that 100% of your retirement is tied to the dollar, a declining asset and backed by a practically worthless government

IOU. It’s the last asset you’d want to own for your retirement.

What’s more, the timing coincides with the beginning of the retirement of the Baby Boomers. Think about it, beginning next

year the first wave of the 76 million Baby Boomers will begin turning 65 and there will be a
ton of money flowing into treasuries
each year for the foreseeable future.

Make no mistake about it, Uncle Sam wants your retirement plan – and there’s really only one thing you can do to protect

yourself – get your retirement money offshore while you still can. They are coming for it and you
are running out of time.
 
Uncle Sam Will Tell You When You Can Take Your Own Money
(And they won’t let you take it all at once)

A major step towards the forced purchase of treasuries will come through a fundamental change in the way you take the

money out of your retirement plan.
Federal lawmakers want to remove all of the flexible withdrawal options you have.

They want to force you to
withdraw money in equal payments over your remaining life span, known in the industry as a lifetime

annuity.
 
An annuity is a steady stream of income that will be paid to the retiree over the remainder of his life expectancy. A 67-year-old

male would receive his payments over a 15-year period. Contrast this with the
rules in place today that give you the ability to

withdraw all the funds as a lump sum or as needed after reach
age 59 ½. (The current rules require mandatory distributions

begin by age 70 ½.)
 
What is the Ultimate Game Plan?
 
I will guarantee that the government’s solution for funding an annuity is to have all of your retirement assets purchase treasuries

with maturities matched to the payment stream. They have been looking for a way to force your
retirement assets into

treasuries and this is the first step. My guess is rather than forcing everyone to buy
treasuries today, they’ll force you to do it

once you reach retirement age and your lifetime income stream starts. Once retirees
become accustomed to the new lifetime

income stream, it will be an easier transition for the government to eventually
require retirees to invest in treasuries as the only

allowable investment for retirement plans.
 
 
How to Protect Yourself (While You Still Can)
 
Option #1: Move Your Funds to a Non-U.S. Bank

You’ll get relief from the clutches of greedy bureaucrats, lawsuit-hungry lawyers and data-mining snoops.

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

managed by analysts who have consistently outperformed their American counterparts.

Option #2: Purchase a Non-U.S. Annuity

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 adviser who the insurance company approves.

Option #3: Form an International Business Company (IBC) or Foreign Corporation

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

jurisdiction). You can also use it 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 it owns.

Option #4: Direct Foreign Investment

In some instances you are able to make a direct foreign investment thereby moving your assets offshore. A

good example of this type of investment would be the purchase of real estate in a foreign country.

There are other direct foreign investments available to the holders of retirement plans. These types of options

continue to dwindle as our government pressures them to become, in effect, extensions of the IRS.
 
Defend Yourself Now!

There really is no downside to moving your retirement plan offshore. After all, even offshore you can still

invest in everything you own today.

If I’m right and the government does try to keep retirement plans in the U.S. and, as much as possible,

invested in U.S. government securities, you would still be better off moving your account offshore.

The logistics involved in trying to force offshore illiquid assets to come back probably won’t justify the

expense and time involved. The most likely course of action by the government will be some type of

grandfather clause on existing accounts.

Your time is limited. Don’t take any chances – there’s no time like the present to liberate your retirement from

the potential clutches of the U.S. government.

Best Regards,

Larry Grossman, CFP®, CIMA®

www.offshoreira.com

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

727-286-6237

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