Retirement-Toolbox LLC Releases New Video: How to Jump-Start a Tax-Free Retirement Plan

Brigantine, NJ, July 31, 2012 --(PR.com)-- The Retirement-Toolbox LLC, a Brigantine, NJ Financial Services Firm, released a new video on YouTube and Facebook on Jump-Starting a Tax-Free Retirement Plan.

http://youtu.be/fGEIicO_3So

http://www.facebook.com/video/video.php?v=313335925430106&saved

Many entrepreneurs and small business owners have put off retirement planning, plowing profits back into their business, paying college tuition, and other life style issues. They wake up realizing they have not put enough aside for retirement and need to catch up.

Qualified plans like IRAs and 401(k)s have contribution limits and are major tax-traps. The video discusses a patented process that has been developed to use other people's money to leverage low yielding assets like accounts receivables, inventories and current and future cash flows to jump-start a tax-free retirement plan. It is not factoring and it does not tie up day to day operations or cash flow.

"It is possible for a qualifying 60 year old to jump-start a tax-free retirement plan using these techniques and retire eleven years later at age 71, and receive $130,000 per year in tax-free income for the rest of their life," said Bruce E Cox CPA Managing Director

The Video: How to Jump-Start a Tax-Free Retirement Plan also discusses a tax trap rescue plan for existing IRAs, 401(k)s and 403(b) retirement plans that are crushed with income taxes and Obama's death taxes.

The Bush Tax Cuts expire at the end of the year and the Obama Death Taxes kick in on January 01, 2013.

"Obama's death taxes and income taxes will take about 75% of your retirement account balance when you die. The tax-free retirement plan eliminates the income taxes and provides flexibility to deal with the death taxes" said Bruce E Cox CPA Managing Director