Section 7702 Of Internal Revenue Code

No video

Section 7702 Of Internal Revenue Code

Рет қаралды 14,181

Күн бұрын

Finances and taxes are complicated subjects, but it doesn't have to be. I'm here to make it easier for you to understand and help you make better decisions with your money. In today's episode, I'll be discussing Section 7702 of the Internal Revenue Code and how to utilize it to access your money tax-free and get 50-100% more in your retirement spendable income!
To your abundance!
Doug Andrew
Key Moments In This Episode
========================
00:45 What to expect in today's video
03:00 Three types of income taxes Americans pay
04:29 Sad way of accessing your money
05:21 Dumb way if accessing your money
09:12 Smart way of accessing your money
13:00 Being your own banker
Did you love this video?
Want to learn more wealth and life empowerment lessons from Doug?
Here are some next steps!
========================
How to Diversify and Create the Foundation for a Tax-Free Retirement
laserfund.com/
How to Lead Your Family/Business from “ME” to “WE”
entitlementabo...
Visit Doug Andrew’s website:
dougandrew.com/
Music
========================
Song: LiQWYD - Glow (Vlog No Copyright Music)
Music provided by Vlog No Copyright Music
Video Link: • LiQWYD - Glow (Vlog No...
========================
Video by Nate Woodbury
BeTheHeroStudios.com
/ natewoodbury
#DougAndrew
#3DimensionalWealth
#MissedFortune

Пікірлер: 26

@marcusdavenport1590 2 күн бұрын

great video and presentation skills

@danielkicksable 4 жыл бұрын

On point!!! Very informative; Great stuff.💯 I approve this message. ✅💪🏼🙏🏼🔥🔥🔥

@sandrapaim4107 4 жыл бұрын

I'm SO glad you are bringing more content to your channel. Your interview in the Money Revealed series blew my mind. Since then, I've been watching everything I find. I'm planning on getting started on laser fund soon. Would you do an episode about the minimum requirements, particularly age? The quality of the sound in these new videos needs improvement, it was really hard to hear even with max volume. Thank you for your wonderful work.

@missedfortune 4 жыл бұрын

Thank you! I am excited for you and hope you learn and have tremendous prosperity and success as you follow the strategies and principles.

@TotalLifeVictoryTV Жыл бұрын

THAT WAS AWESOME! Key: Borrow up to basis tax-free!

@butterflytoni 2 жыл бұрын

Thank you This is awsome Im choosing not the sad, dumb- But the smart way LOL

@user-gx6vy5mw1z Жыл бұрын

It was very instructive

@scootermcgooginhime2464 2 жыл бұрын

The biggest question.. can you fund this account with borrowed tax free money to begin with let's say you refinance you apartment max the account with that money pay the mortgage back with tenant money and collect your money from the account as well?

@butterflytoni 2 жыл бұрын

TEll your client to but the strip mall, "Massapequa Mall", on Long Island, New York LOL

@butterflytoni 2 жыл бұрын

You Go Doug

@newpete4082 4 жыл бұрын

Hey Doug. Thanks for explaining this in simple way. Can you please provide a link to video for section 101 (a)?

@missedfortune 4 жыл бұрын

Here are three videos that go deeper into explaining section 101(a) kzfaq.info/get/bejne/pcp3gK9l1p2-iJs.html kzfaq.info/get/bejne/r89jfKdnyNPTc4k.html kzfaq.info/get/bejne/nsl0f5qpvbW3epc.html

@butterflytoni 2 жыл бұрын

Your crushing this

@odiesturnerjr4119 4 жыл бұрын

This an amazing video, which carriers offer this type of iul 7702 and how soon can one take out a loan as you state?

@missedfortune 4 жыл бұрын

If it is structured correctly, you can take a loan out right away if needed. Generally, you want to max fund the policy first and then start taking out loans.

@nickytomblin7042 3 жыл бұрын

@Odies Turner, did you find some one to do it for you?

@coachtanishamarie 4 жыл бұрын

Amazing

@SleepyTimeSensation 7 ай бұрын

Is lottery winnings considered after taxed dollars

@GildaLopezaliaga Жыл бұрын

IULPremiums are deductible?

@sicZ32 2 жыл бұрын

Question: I believe this only works of you have maxed out all your other tax havens (for wealthy individuals) is this true?

@shanaebanks7781 Жыл бұрын

This is so good; what insurance companies are giving 25% on a loan. Is there a deposit requirement? I'm off to google land lol I love homework.

@robmartin217 Жыл бұрын

Can the cash value be drawn down tax free....ie retirement income?...

@danawilliams601 3 жыл бұрын

🤯

@missedfortune 3 жыл бұрын

Thank you! Glad you are enjoying!

@scrappychildhood6633 2 жыл бұрын

I am 26 Years old If my assets Grew to 1 million when I am 30 Could I put my after tax profit from long term capital gains into this Plan you mention in your vidoe till the day I die. That's 8 decades.

@missedfortune 2 жыл бұрын

Great question. You may want to schedule some time with an IUL specialist who can answer more of your questions and even run some examples for you: 3dimensionalwealth.com/getstarted/