The U.S. Government Wants Your Private Retirement Pension!
Excerpt of an article by Bob Bauman, Offshore and Asset Protection Editor
Sovereign Society
The greedy tentacles of Obama's bureaucrats are poised to grab your retirement savings -- and everyone else's -- under the phony promise of "saving" them for you -- and they have plans ready to act on when they can create a crisis to justify their next round of theft.
But there are ways you can escape any pension grab. You can protect and preserve your pension assets -- if you act now.
And if you don't think government will steal your pension, think ObamaCare!
Pensions Under Attack
The National Seniors Council warns that the ongoing debate on tax and budget between Congress and the White House could well encompass radical changes in tax-deferred contributions to retirement plans like 401(k)s and IRAs — and not in a good way.
You may have never heard about it, but the real danger to private pensions is not new.
The history of these radical retirement proposals goes back to 2008, when the Democrats had a majority in both the U.S. Senate and House. Then, a radical plan first emerged for the creation of so-called "Guaranteed Retirement Accounts" (GRAs) to be imposed on all U.S. employees.
In 2008, presidential candidate Obama first proposed a prototype nationalized GRA plan. In his 2010 State of the Union address he called for an "effort to increase retirement savings by requiring all businesses to offer automatic IRA accounts," claiming such a government guaranteed plan would let employees automatically enroll in direct-deposit retirement accounts and allow them to expand matching tax credits.
How to Invest Offshore
The IRA Passive Custodian in the USA and the Luxembourg Active Custodian Investment Account eliminates the IRC Section 4975 problems of the "Checkbook" IRA LLC because you are managing the LLC but you are not acting as a Custodian.
The Tax Deferred Foreign Retirement Account is reported on FBAR and IRS Form 8938 is "Excluded" from Reporting by the IRS because it is an IRA Account.
The Foreign Retirement Plan Administrator is specifically excluded from reporting under FATCA Law. Therefore the Luxembourg Investment Account Custodian has no USA reporting or withholding requirement.
No withholding or reporting requirement is the reason the Active Custodian is willing to open an account for a USA person in Luxembourg.
There are no USA Person "Offshore" Fund Choice Restrictions and no PFIC nor FATCA issues."
Contact us to arrange a free, no-obligation consultation with a Cross Borders Retirement Planning expert http://www.investoffshore.com
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https://www.youtube.com/watch?v=siAZqwKSIcE
Swiss Tina Turner Giving Up U.S. Passport - http://www.forbes.com/sites/robertwood/2013/01/25/swiss-tina-turner-giving-up-u-s-passport/
Royal Canadian Mint 'Managing' Silver Supply - http://www.forbes.com/sites/kitconews/2013/01/25/royal-canadian-mint-managing-silver-supply/
The city, which is also colloquially known as "Sampa" or "Cidade da Garoa" (city of drizzle), is also known for its unreliable weather, the size of its helicopter fleet, its architecture, gastronomy, severe traffic congestion, and multitude of skyscrapers. The city is considered an Alpha World City according to the Global City economic system. São Paulo is expected to have the 2nd biggest economic growth in the world, until 2025.
São Paulo is the 6th city with most billionaires in the world, drawn with Mumbai with 21 billionaires. According the PricewaterhouseCoopers the Greater São Paulo is the world's 10th richest city in 2008 with one GDP PPP of $388 billion and will be the 6th in 2025 only behind New York City, Los Angeles, Tokyo, Shanghai and Chicago.
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https://www.youtube.com/watch?v=onTOTxF61y4
Then Jesus told them, “You are going to have the light just a little while longer. Walk while you have the light, before darkness overtakes you. Whoever walks in the dark does not know where they are going. Believe in the light while you have the light, so that you may become children of light.” When he had finished speaking, Jesus left and hid himself from them.
Revelation 12 Sign on September 23, 2017 is NOT what we thought - https://youtu.be/MFwwgYbdlRA
Patel Patriot Devolution - https://patelpatriot.substack.com/
#JuanOSavin #JesusChrist #PatelPatriot
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https://www.youtube.com/watch?v=9eXjk2qTfes
The 82nd Airborne Division is an airborne infantry division of the United States Army, specializing in parachute assault operations into denied areas with a U.S. Department of Defense requirement to "respond to crisis contingencies anywhere in the world within 18 hours".
Based at Fort Bragg, North Carolina, the 82nd Airborne Division is part of the XVIII Airborne Corps. The 82nd Airborne Division is the U.S. Army's most strategically mobile division. - https://en.wikipedia.org/wiki/82nd_Airborne_Division
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https://www.youtube.com/watch?v=MlZJO4R_Tas
There are over 30 types of non-qualified deferred compensation plan structures and it is the foreign trustee that causes it to be a 402(b) non-qualified deferred compensation trust. However, very few feature the exclusion of 402(b) reporting on IRS Form 3520 (information). No Form 3520 or 3520(a) reporting with a specific structure. No IRS Form 5500 reporting with a RAPS (regulated asset protection structure).
So it's a matter of evaluation and that needs an experienced Attorney, we provide consultation with legal specialists and encourage clients to invite their own advisors to attend the phone consultation, or the recording we provide from our virtual meeting.
W8-BEN-E at box 29E is where you find our knowledge invaluable, like on IRS Form 8957 (information) that reads ''limited
conditional''. Note that a GIIN is not possible for certain foreign pensions. FATCA registration Identification Number yes, but not a GIIN.
We recommend that the structure be ''limited conditional'' due to FATCA recognized secrecy laws, as well it's important to understand that IRS Section 83 rules on ''substantial risk of forfeiture''. Our RAPS 402(b) is compliant to the letter of this code.
IRS Form 8939 (information) regarding ''zero value'' reporting defines the RAPS structure, ultimately, it's that simple to invest offshore. You just need to learn the FATCA facts, and your assets will be properly protected. Book a courtesy consultation now.
Get a free consultation: http://www.investoffshore.com/contact/
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https://www.youtube.com/watch?v=ZShH0YSliKc
Seven discoveries everyone should know in the U.S. Constitution. - https://7discoveries.com/
SCOTUS - "2020 ITS NOT OVER YET!" - https://bit.ly/3GQHaaF
FTX founder Sam Bankman-Fried to appear alongside Ukraine’s Volodymyr Zelensky at exclusive NYT event - https://bit.ly/3ASCDkm
The Deep State Clown Show - https://bit.ly/3ijN9KX
#juanosavin #davidninorodriguez #ftx
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https://www.youtube.com/watch?v=1R4TL4pL8SU