The 401(k) Secret: How to Unlock Opportunity NOW
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Book Details
Author(s)Harmony Clearwater Grace
PublisherHarmonious Clarity Group LLC
ISBN / ASIN0982266790
ISBN-139780982266793
AvailabilityUsually ships in 24 hours
Sales Rank10,502,748
MarketplaceUnited States 🇺🇸
Description ▲
I am not a CPA. I’m not a tax attorney. I’m not a tax accountant. In fact, I’m not in the financial industry at all. I’m just someone like you who stumbled onto something hidden from most of us. I needed money to fund a new business venture that I was very excited about starting. I had a significant amount in my 401(k) from a previous employer, but I found out that I couldn’t touch it without losing about half of it in taxes and penalties. My tax accountant told me so. I was heartbroken when I heard that. What it meant to me was that I wouldn’t have enough money left to get the business to be profitable before running out of startup money. No way was I going to even consider forfeiting that much of my hard-earned money to the government so quickly, if I was only guaranteed to fail in the end anyway! And who in their right mind wants to give up half of their life savings for retirement because they took it out before age 59 ½ and cashed it out instead of rolling it all over into an IRA or new employer 401(k)? Because of those two unfortunate things, I knew I’d lose 30% immediately that would be taken out right up front from off the top, before I even saw the money or filed my income tax return. Things looked hopeless for my dream of starting a business. Then I discovered the well-hidden secret, known only to a few – the secret that revealed to me: • How to gain perfectly legal access to my entire 401(k), preventing the 30% from being withheld. • 5 reasons why using my 401(k) money to start my business made more sense than all other alternatives. • Exactly what the IRS has said about this strategy. • 10 tactics for making sure that my plan didn’t run afoul of the IRS now or in the future.