The Truth Behind Hidden Fees in 401(k) Plans (Part 1/3)
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@bevanwilde Haven't checked this in a while. It sounds like you don't understand the unique tax structure that is afforded to life insurance contracts under IRS code 7702. Since we have talked a year ago, i have really dug into these products. Yes, there are fees, But everything is upfront. You can see every fee that will be charged. Yes, they can change, but that is really only if the US economy returns grows less than 1% per year for the next 50 years and if reduction in life expectancie
JaronNunez 2 months ago
Ancient Levitation Techniques Volume 1
watch?v=CBzJHCE_5sE&feature=related
watch?v=S-w3BDUOcwM&feature=related
cb292aj 5 months ago
Bend over, tax payers and workers. We are not done with you yet! Bend over!
cheeriosinabowl 5 months ago
Wow, I have read some of these ideas people have and some I am not even sure that they are lawful. I am the Director of Self-Directed accounts with the Properties Investment Group and we are upfront about our fees and payouts for referrals. We are a small real estate company so we do not have the SEC licensing to handle the Custodial part of the 401k accounts. We have another company help us with the accounts and we pay their fees for all our customer. I wish people used us as an alternative.
MrJohnblackstar 8 months ago
My Free 401k plan is taking off!
theguysontheweb 1 year ago
@bevanwilde I'm new to this but I guess it's obvious that the insurance company benefit from the shadow account, but you know if one were to reserve their right before signing the contract may be they would benefit from the shadow account too. see UCC 1-308
Not Legal advice
Darkenroom 1 year ago
@JaronNunez Well, lol..... have ever heard of a shadow account? Every variation of a UL has one, and isn't disclosed to the public. I'm a fan of life insurance, just not any thing that has UL in it. Ugly Life! Find out what a show account is, then we can have further discussion. Also look at the languag in the contract and see how vague it is, very little transperancy. Also what does it cost you when you take out or borrow funds... do you lose the guarantee?
bevanwilde 1 year ago
@tegaeagles2 or hire people like matt hutcheson in thi video that run plans that our trained to run them without conflicts of interest
TheRounder1980 1 year ago
well this is bullshit!
jimi08jam 1 year ago