Corporate America got their TARP, now it’s your turn!

Posted on July 15, 2009 by Bill Faiferlick

In these turbulent economic times, there is one overlooked opportunity for business owners and professionals to get their TARP. On YouTube, there is a song about everybody getting some TARP bailout funds so why aren’t business owners and professionals getting theirs?

People with large tax obligations on an on-going basis are now entitled to a hybrid pension plan where the government funds 100% of the contribution up to $350,000 annually on an age weighted basis.

Most business owners and professionals aren’t taking advantage of one of the most secure, tax advantaged opportunities to accelerate their wealth and have those funds segregated from their business assets using ERISA regulations with specific contractual guarantees the funds will be there when needed.

Business owners and professionals need to focus not only on the investment but the underlying security the investment provides such as the return of your money with sustainable growth.

This is an opportunity to reduce your tax liability by $50,000 to $350,000 per year on an age weighted basis and receive an immediate tax deduction with matching government contribution dollar for dollar. This provides an immediate tax savings and a 100% matching contribution by the U.S. government. This is a guaranteed 100% return on your investment. Where else can you get that in these turbulent times? Who can argue with this TARP program?

For more information on taking advantage of opportunities for business owners and professionals to accelerate wealth in a tax advantaged and efficient manner, please contact Bill Faiferlick.