“If a man is valuable, his deeds will in some way outlive his life.” -Bill Loftus, Inventor
The Financial Freedom Foundation (F3) is a non-profit organization that teaches people how to create more passive income than their living expenses, so that they can quit living for a job and start dedicating their time and talents to giving back.
Personal financial independence is necessary in order to free up your time. However, financial independence is not the end goal, but rather an initial step, just the beginning step.
We’ll show you how to create $10k/month in passive income, so that you can cover your living expenses and quit your job, and then another $20k/month+ on top of that, so that you can have funds for helping other people. We have the tools to accomplish this, and we’ll show you exactly how to implement them. Money is very scalable, so you can actually get up into the millions, which will happen as your vision for what you want to accomplish increases.
Instead of trying to get wealthy people to become generous, we are teaching generous people how to create and control wealth, so that they can help others.
As to becoming a member in our Mastermind Group, we do not have any preferences as to age, gender, race, religion, level of education, or nationality … however, we are seeking people who:
If this does not describe you, don’t bother to continue reading.
If this does describe you, then please download the information in our Free Report and continue forward in our screening process.
We hand select people to join our Mastermind Group. If you would like to be considered, we ask you to:
(The links to access the Details page and the Membership Application Form are found in the Free Reports, which you can access by entering your Name and Email address in the box to the upper right and clicking the “Give Me My Free Report Now” button)
We believe that it is the personal responsibility of private citizens to care for the poor, the hungry, the homeless, the sick, and the elderly. We invite people to take more initiative in doing so, using their private sector skill sets to do this more effectively. We believe that the solutions to global poverty, world hunger, homelessness, and almost all our social, physical, mental, and economic problems rest in the hearts and minds of private individuals acting generously.
If you are ready to move to the next step, please download the Free Report now, using the box to the upper right.
“Never doubt that a small band of committed individuals can change the world. Indeed, it is the only thing that ever has.” -Margaret Mead
Legal Disclaimer: The Financial Freedom Foundation is not a United States Securities Dealer, Broker or US Investment Adviser. Forex, futures, stock, and options trading are not appropriate for everyone. Trading and investing in the stock, Forex, futures, and options markets have large potential rewards. However, there is also a substantial risk of loss associated with trading these markets. Losses can and will occur. You are solely responsible for any losses as a result of trading. Never put your money on the line without an understanding of what you are doing, and why you are doing it, based on your own personal knowledge and experience. Results, depicted above are unique to the user. Your personal results will vary. You could make more, less, or even lose money. No system or methodology has ever been developed that can guarantee profits. No representation or implication is being made that using the information will generate profits or ensure freedom from losses. Traders should consult their own financial advisers regarding any securities transaction, and be responsible for their own investment decisions.
Question by bogartthebird: Is a “charitable gift annuity” a excellent investment for an elderly person?
This person is in “fair” condition as far as health, nevertheless he is presently in a nursing property recovering from a brief illness. He is 91 years old and has only invested in “CD’s” but now wants to give a big sum of funds to the college his wife attended. His investment will reward him with an 11.3% return.
Best answer:
Answer by carl l
It genuinely depends on what type of income he requirements presently, and if he demands any of the tax positive aspects that it will give. The other problem is if he wants to have the recognition of giving when he is alive, though in either case, the funds will not reach the college until he dies.
The truth is, each he and the university would most likely be greater off if he put it in an annuity in his name, and just produced them the beneficiary. That way, he will retain full ownership rights until he passes on, and they will get a greater benefit. The cause why the school would advocate a charitable annuity is simply because as soon as the income is in their name, they cannot lose it, and he can’t change his mind. It would possibly be a very good concept to price out what a typical fixed annuity or an instant annuity would pay, just before deciding. You can get some numbers by filling out this form. http://www.anrdoezrs.net/click-2177451-10426215
Add your own answer in the comments!
Denver, CO (PRWEB) December 13, 2007
As we put together to say goodbye to 2007 and hello there to 2008, there are usually two issues on people’s mind: holiday gifts and tax arranging. According to David Kaiser, a Denver-primarily based monetary expert and founder of Pinnacor Economic Group (http://www.pinnacorfinancial.com), the two objectives can usually be achieved concurrently. Kaiser and 6 colleagues from Securities The united states have come together to supply shoppers with choices for providing vacation presents and preserving funds on taxes.
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The stop of the year is filled with anxiety as folks struggle to meet the social and philanthropic demands of the year, research for the best vacation gifts, and be concerned about the fiscal ramifications of the prior calendar year. “But by providing financial presents, the stresses of present supplying and tax planning can be lessened,” states Kaiser.
Here are seven financial gifting and tax planning guidelines to aid minimize anxiety and taxes for the gift givers – whilst escalating prosperity and financial protection for people privileged adequate to be on the acquiring stop.
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Suggestion #1 — Transferring Wealth through IRAsthirteen
Dave Kaiser, Pinnacor Fiscal Group, Inc., Denver, COthirteen
In Kaiser’s theoretical example, a widow or widower over the age of 60 with an estate in excess of $ 3 million and a classic IRA valued at $ one million or much more make yearly withdrawals from a traditional IRA in excess of a period of many years and use the right after-tax proceeds to purchase a cash worth long lasting existence insurance policy policy with a demise reward of $ one.5 million that would be owned by an Irrevocable Existence Insurance coverage Believe in (ILIT). “After the have faith in is set up, this theoretical man or woman could make annual presents totaling $ 24,000 – $ 12,000 to a son and $ twelve,000 to a daughter, although larger sums are achievable if either child is married,” says Kaiser. “Then utilizing Crummey Powers, the youngsters would reject their annual gifts which would then be utilized to the existence insurance policy rates. The dollars worth life insurance coverage owned by the ILIT is not involved in the insured person’s estate and will move free of charge of equally earnings and estate taxes to the trust’s beneficiaries.”
Tip #two — Providing the Present of Stocksthirteen
Chanie Schwartz, A Vested Curiosity, New York, NY
Because of to stock market place volatility, some investors could be keeping undervalued stocks. “Traders need to usually believe twice about offering undervalued or down-market place stocks because stocks that are undervalued today may regain value in the lengthy phrase,” states Schwartz. “Instead of offering them outright, it could be a good concept to gift these at the moment undervalued stocks to a loved 1.” The caveat, according to Schwartz, is that the gift giver could be subject matter to the present tax. There is, nevertheless, a $ 60,000 life span exemption for which the gift giver is eligible if they complete kind 706 with their tax returns.