Michael Young of New York City was one of the many people who lost money in the stock market over the past few years. He has felt the negative impact of the failing market and has been looking for a new way to invest his money. Michael heard of a new tool available to backstop his Roth IRA. When the stock market began to fail, Michael started to worry about losing all of his retirement savings. Luckily, he did some research and learned about Roth IRA on Roids, an innovative financial tool that could help him rebuild the savings that was lost in the market. This tool is being used by many people who are struggling to find a way to replace lost money into their retirement funds.
Introducing Roth on Roids
A Roth on Roids is a new and interesting program that people like Michael use to save for retirement. This tool provides for tax-free income when the age of retirement nears. While this may sound very similar to a Roth IRA, there are many differences and benefits with a Roth on Roids. This method of saving is the perfect way to backstop Roth IRA plans. When Michael purchases his Roth on Roids, he will be guaranteed to never lose money in the stock market again. In addition, the principal is guaranteed. He would never find a deal like that with a Roth IRA or any other retirement savings plan.
Michael, like many people, always believed that the safest place to invest money was in the stock market. Since the market has not returned the investment over the past few years, most people are losing the money that they saved in their Roth IRA. The only way to rebuild that savings is to make use of a Roth on Roids. This is how Michael plans to backstop his Roth IRA and make sure he never takes the chance of losing money in the market again.
To explain it a little more, a Roth on Roids is a savings account with an insurance company. As Michael did more research, he found that this program had benefits that could never exist with an IRA, such as a minimum return guarantee. If the stock market goes down, your Roth on Roids will continue to grow, but if the stock market goes up by 10%, your Roth on Roids account will also go up by 10%. There will never be a loss. The Roth on Roids is actually a special type of cash value life insurance policy, and it acts as a backstop to your Roth IRA. This is accomplished because they take your money and invest it into bonds, some of the interest goes back directly to you as a guaranteed minimum interest payment and some of the interest goes to buying call options on the market index. This is how you get the same return as the market when it goes up, but how you avoid losing when it goes down – your principle is never at risk.
Backstop Roth IRA Benefits
In addition to the minimum return guarantee, Michael learned that the Roth on Roids also has a death benefit. This is a huge advantage. The death benefit is not confined by rules that would go along with a Roth IRA. For example, if Michael makes a contribution of $20,000 each year for the next five years, that is a total of $100,000 in five years. That money goes in and never comes out. It is not invested. It stays where it is and grows tax-free. Michael is now 45 years old, so when he turns 65, he will be able to withdraw $31,000 per year for 20 years or about $600,000 income tax free. The amount is the cash value of the policy. Should Michael die after making his first contribution of $20,000, he will have a death benefit. The benefit will depend on Michael's health at the time he opens his account, but it will be somewhere around $400,000 to $500,000. This means that upon his death, Michael's family or named beneficiary will receive between $400,000 and $500,000 tax free. Now, if Michael lives for another 20 years, his family would get an even larger amount because the amount in the account would have grown over those years.
The death benefit is an attractive offering for many people. While it is a powerful benefit, there are many positive reasons to make use of a Roth on Roids. Using this method, you will make the most of your savings. Also, there are no contribution limits! This means that Michael can contribute as much or as little as he wishes. Michael has decided to stop taking chances with the stock market. He wants to ensure he will have money for retirement. With the Roth on Roids, his principal is guaranteed, so no matter what, he will receive the cash value of the policy he purchases.
Michael now has a way to rebuild his retirement savings while making sure his family or beneficiaries are taken care of. He plans to contribute to the account and watch his earnings grow tax-free over the years. After extensive research, he has realized that this is the best way to backstop his Roth IRA. Not only will this tool rebuild his losses, but it will provide greater benefits and will help him achieve financial stability and security in retirement. Learn how to protect your assets from potential frivolous lawsuits, preserve your wealth by recapturing lost tax dollars, defer capital gains taxes, eliminate inheritance taxes, reduce taxes on your income streams, eliminate probate and estate taxes. Call us toll-free: 888-93ULTRA (888-938-5872) today! Backstop Roth IRAHow to Backstop Your Roth IRA
The author of this article has chosen to make this article available with free reprint rights. Click here to copy this article.
Disclaimer: All information on this site is provided for informational purposes only! By no means is any
information presented herein intended to substitute for the advice provided to you by any health care or other professional
or organization.
