With the signing of the Tax Equity and Fiscal Responsibility Act (TEFRA) in 1982 Congress constructed a brilliant path of extreme taxation with the creation of the Individual Retirement Account (IRA). An illusion? Perhaps!
For the past 48 years we have been encouraged to take cash from the top line of our income and stash it away for the future. Along the way we have assumed all of the investment risk and now at retirement, the day that we need it live on or are required to take it out (RMDs), we have to pay taxes at today's tax brackets.
In other words, what we have created through the years is simply an IOU to the IRS! In our updated special report, The Bombshell Battle Plan: How to Defend Against the IRS' Secret Weapon, you will discover little know tactics that will teach you how to best preserve your pot of taxable gold. In this 50 page guide you will learn about: