Opportunity Zone funds right for you?

Are Opportunity Zone funds right for you?

The new GOP tax breaks to the wealthy provide them a way to eliminate some of their gains built up over the years. If they invest in infrastructure projects in areas designated by politicians for development, they can delay taxes and make a fortune. Real estate firms are starting Opportunity Zone funds so high-net-worth investors can co-own apartment buildings in cities like Detroit and reap unique tax benefits at the same time. This kind of investment is long-term and complicated. Even your attorney and accountant do not understand how these real estate deals will work out. Will the zoning go through local political boards? Will you have time to use the tax advantages promised? You might just consider this kind of investment only if you are in the same situation as the author—President Trump.

There are less risky ways to accomplish these goals: https://www.amazon.com/Vanguards-Top-Ten-mutual-funds/dp/150073909X

Ops, did you make these mistakes in taking your RMD?

The penalty could be 50% of the amount not taken. The first required minimum distribution is difficult to calculate so ask your IRA trustee to do it. Set up direct deposit to your bank with the trustee so you won’t forget to take the money each year. Timing the first distribution incorrectly could bump you into the next tax bracket. The amount depends on one of two tables with another test. The amount is calculated from the total of ALL your IRA accounts. It might be smart to move all IRAs to one trustee. Roth 401ks require a distribution too but not for taxes. There are special rules for those still working at age 70 1/2. Converting an IRA to Roth does not change the RMD rules. Giving RMD for charitable deduction has rules too. Remember to tell the trustee which security to sell. RMD must be done for each spouse. Let the trustee help you.

https://www.amazon.com/What-do-with-RMD-much-spend/dp/1718946716

Wharton School predicts SS benefits cut by 2032

U of Penn economists say Trump’s higher deficits will deplete SS trust fund faster than the SS trustees projected. Wharton projects “much larger future annual cash-flow shortfalls.” After Social Security was revamped in 1983, it was projected there would be adequate resources to pay benefits through 2058. However, many of the assumptions have been wrong. The Trustees project that the combined trust funds will be depleted in 2034. We don’t know if the Trump Grand Old Party will reverse the new tax cuts and stop the $1.3 Trillion spending. If you are under 50, you have 15 years before changes. Start your SS supplement now: $500 a month in index gets you $200,000 as supplement.

We need a supplemental income plan: https://www.amazon.com/Forget-Social-Security-Medicare-Lifestyle/dp/1466394285

New way for the wealthy to avoid taxes

Pensions systems for doctors, lawyers, money managers and other highly-compensated business owners help them defer taxes on their pay until they can use a tax-advantaged shelter. Trump’s new 20% deduction law can be used by the wealthy when they put more into their pensions and thus reduce their current income. Thus they get around the income limits Congress created to bar them from this new tax break for owners of pass-through entities. So pensions become the new tax dodge. These defined-benefit pensions can shield more income than a 401(k) account or individual retirement account. Annual employee contributions are capped at $18,500 this year for 401(k)s and $5,500 for IRAs. Thus they get to take the 20% deduction while we can’t. So we must pay their taxes.

You can have a Trump tax shelter too: https://www.amazon.com/Trump-Tax-Shelter-Avoid-taxes/dp/1985448300

Is ‘return of premium’ term life insurance right for you?

The HOOK: If you don’t die you get a nice nest-egg of savings. Your premiums ‘usually’ will be returned to you at the end of the term. It sounds like ‘renting’ coverage for FREE. Except it isn’t. The sellers do not explain that ROP costs more—about 30-40% more and that you are not guaranteed to get all your premium returned after 20 or 30 years. In fact many buyers just stop paying premium for different reasons and don’t get their premium back. Agents push hard for riders—disability, accidental and otherwise. However, if you are in good health, your extra premium earns more in a real investment. Life insurance used to be sold as an investment before mutual funds were made more available with better returns. However, for wage earners without a savings instinct, life insurance policies force us to save something.

https://www.amazon.com/Life-Insurance-Need-Save-right/dp/1480002178

Is your advisor a CFT?

That is Certified Financial Therapist. Since our emotions are heavily tied up with our money attitudes, CFTs may have tools to help clients develop positive financial behaviors through practical simple steps. Many people need help coping with money issues—couple sharing financial data, fair settlement in divorce, gambling and abuse of money resources to name a few. Financial planners can become more finessed and have greater long-term success with their clients. Certainly there are many couples who could find support in discussing these matters. Right now we might have to ask an advisor or planner to share their personal history to find out if they have the experience to help us with financial/emotional issues that damage our future. Most clergy have trouble dealing with these issues because they have no financial or psychology training.

Learn more: https://www.amazon.com/Marriage-Money-Book-Start-Together/dp/1517572525

Aretha leaves no will for directing $80 millions

Her sons will have to pay lawyers $ millions and the tax up to 50% with no planning. Many people think, “If I do it, I’m going to die the next day,” one lawyer said, or they plan to get around to writing a will but never do. Like Prince, Sony Bono, Pablo Picasso, Jimi Hendrix and Howard Hughes, Aretha had no will and no estate planning documents. Her four sons must go to court again and again to find a settlement. Without any planning, the federal and state estate tax will take up to 50% of their $80 million inheritance.

What is your excuse?: https://www.amazon.com/Your-Plan-Live-Age-100/dp/1548180793

Discrimination is now called ‘religious freedom’

Trump has changed the regulations about discrimination by contractors. As long as you claim it is your religion that ‘impels’ you to refuse someone service, your not discriminating. Trump implies that Christianity is under siege. They [Labor Dept] must respect the right of “religious people and institutions . . . to practice their faith without fear of discrimination or retaliation by the Federal Government.”

They cannot “condition the availability of [opportunities] upon a recipient’s willingness to surrender his [or her] religiously impelled status.” Trump has changed the regulation so that it is assumed a contractor has ‘surrendered’ their beliefs to offer a service paid for by the govt. This regulation expands the scope of federal contractors that are exempt from the prohibition on discrimination against employees and applicants based on sexual orientation and gender identity, and LGBTQ advocacy organizations have criticized the directive as a “license to discriminate.” This started when Hobby Lobby told the Supremes the store would NOT provide “preventive care and screenings” for women ...” Other employers provided this health care necessity because it was the law. No longer.

Soon employers can decide not to cover cancer because cancer is ‘god’s will.’

Is it time to move your money from losing stock-pickers and FREE trade deals?

Another year of poor performance? A market index returned over 14%; 13% over 5 years. Only 36% of stock-picking managers survived or outperformed their average passive peer over the past 12 months, according to Morningstar data. Every brokerage in town is offering you the chance to trade all day every day for FREE. However, if the folks with $ millions of research can’t beat the index, why do you think you can? You would have to be right every year! Your chances of picking the right stock is 1 in 19,000 EVERY year. Good luck on your picks. Vanguard’s 500 Index gave you 11% since 1976. Warren Buffett says you only need 2 funds.

https://www.amazon.com/Warren-Buffetts-Vanguard-Funds-Retirement/dp/1496148592

****************

Make America, “The Don”, Great Again

Two Americas: A Banana Republic? Do we really want an infant king? Daddy Putin!

Conspiracy against the United States, conspiracy to launder money, conspiracy to receive Emoluments from foreign states, false statements, subverting constitutional tax power, obstructing justice, failure to secure voting systems from attacks, and Foundation self-dealing.

***********************

How Govt wastes our money: Congress spends $1.3 Trillion we don’t have!

GOP can only win by manipulating voting districts and they brag about it!

Trump’s coal company deal for profits—costs 1,400 Americans lives. 

Trump’s EPA allows pesticide in General Mills granola as long as it changes name.

SCAMS/SPINS:

Hector May Securities America stole $millions from pensions with Ponzi

Interactive Brokers violated short-sale rule and failed to supervise/correct same.

Eric Lesak and Global Research PA caught penny stock fraud cold calling.

Caleb R. Overton Biltmore caught misleading clients; risky option trades; lost $

GOP Rep Hunter blames wife for his illegal spending! And he’s a marine!

House alarm system SCAM: “The police use our system.”

Insurance co-pay $285 for 90-day supply: $40 without insurance. We are being robbed.

Trump’s lawyer: ‘Truth isn’t truth’ so only what Trump says is truth, is truth. Putin won!

Trump says his mob did not break the law: His law is the only true law—tyranny!

Intelligence VIP: “It would be an honor” to be revoked by you, Mr Trump. Integrity!

Brennan: Trump activity traitorous – Obama CIA chief says Trump dangerous.

Trump got his money from laundry service: sale of 1300 condos to Russian mob fronts.

               More laundry: Toronto, SoHo, Tower

Sessions to Trump: F--- off. True crime is true crime and criminals go to jail.

When we all have guns for ‘protection,’ who will police shoot first? Safe in your home?

               police shoot owner who already shot intruder. All kids have plastic killer guns?

Jobs:

Student loan payoff added to new benefits to entice new recruits at some companies.

NO jobs: Trump’s tax breaks for companies goes to owners’ stock buyback of $1Trillion

Name your price: Artificial Intelligence and machine learning pay big bucks

Who owns your account now?

IRS gives advice on protecting your account passwords.

Home values in flood zones may mean the bank will eventually own your home.

Giving your house title to your kids to get on Medicaid is NOT a solution.

Doing a leased car the right way. https://www.bankrate.com/loans/auto-loans/tips-on-buying-your-leased-car

Miracle:

Mom/officer shares her love to those who need it.

How so many souls were touched by Aretha was a miracle.

kids 3 & 1 yrs old survive car crash after days in overturned car alone. Seat belts?

So this is how it all started—mom and dad from different branches

IAN

41 Watchung Plaza, B242

Montclair ,  NJ   07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alert

Just one way to avoid paying the corporate and wealthy tax cuts

There is just one way left for us to avoid paying for corporate and wealthy tax breaks

The GOP has just one ‘corporate subsidy’ repeal in the ‘reform’ bill—“marginal oil and gas wells.” All significant corporate and tax shelters were left in tact. Trump’s mob, Commerce Sec Ross, State Dept. Tillerson, advisor Cohn, Treasury Mnuchin, Fed v-chair Quarles, and Ambassador Jon Huntsman hide their money in various shelters under fake firms/names. The new report says they hide their money in the Cayman Islands. Apple hides its money in the tiny island of Jersey. What can we do to avoid paying for these subsidies and business tax credits? You and I do NOT have to hide our money in a foreign country. We do NOT have to hire a lawyer to create fake firms and names. You and I have a legal tax shelter here with an IRS Sec. 408 Trust.

Avoid paying for their tax breaks with your legal tax shelter: https://www.amazon.com/Create-Your-Tax-FREE-Financial-System/dp/1466367466

“Do I still need my life insurance”?

Recently, a 50 year old friend asked if he needed to continue his and his wife coverage. Right now there is a sale on term life insurance for any age—at age 50, you can buy $½ million for about $1 a day. Term life is for set period for set amount with no savings portion. It is pure death insurance for those you want to protect. My friend was given term insurance as part of his work benefits but his wife was doing free lance. At this stage of their retirement accounts, they were more than covered by their savings/investments so that if something happened tomorrow each would NOT NEED life insurance. Pure life insurance is to protect your loved ones BEFORE you have the assets to live on. If you need coverage because you don’t have $½ million to live one for the rest of your life, avoid any policy with savings portion. There are less expensive alternatives for a ‘cash value’ account. He decided to drop the policies. Term gets expensive after age 50 so if you need it, buy a 10-year term by age 50 from a discount carrier.

Get discount term: https://www.amazon.com/Life-Insurance-Need-It-Save-right-one/dp/1480002178

Why does Trump’s wealthy class want to get rid of the estate tax?

You and I are not going to pay this tax since it starts at about $11 million. Most wealthy farmers have figured out how to pay the tax if they are soil rich and cash poor. The reason we have this tax is so America doesn’t end up like the aristocrats in medieval Europe. Can you see Ivanka, Jr and Eric with even more wealth? Why is the GOP giving 5,500 wealthy people’s heirs a huge tax break? Are these 5,500 the big GOP donors? Yes, like Trump’s kids, they are already wealthy and don’t need the money. Trump saves his own estate $564 million in tax—enough to cover his FL and NJ golf trips for 4 years if he had to pay for them instead of us. We need the money worse than they do.

Avoid taxes like the Trump mob: https://www.amazon.com/Tax-Credit-Class-your-credits-ZERO/dp/1539462382

Is your advisor’s ‘model portfolio’ right for you?

With the proliferation of ‘model portfolio’ platforms, investment management is increasingly automated, ubiquitous, and not at all your financial advisor’s job. At least 74 percent of advisors use models: either models created in-house by the advisor themselves or by an in-house investment team, or outsourced to asset managers and strategists, according to Cerulli Associates. So your ‘personal’ specially-designed ‘choice’ of securities could be a robo-advisor churned out by a third party you don’t even know about. And for this, you are paying an extra fee. Over time, very few advisors, human or electronic can outperform the index simply because of costs. But you pay the fees for quick answers, timely contacts, and good advice. You understand that no portfolio can beat the index most of the time. But wait, most investors don’t need a full-service broker or advisor. They need someone to affirm their decisions or answer questions quickly. For instance, Vanguard Personal Advisor Services costs only 0.30% of your assets—about a third of the industry's cost of 0.99%--you keep more and get only what you need.

Now there is a better way: https://www.amazon.com/Best-Robo-Advisor-Ultimate-Automatic-Management/dp/1537111957

GOP repealed NONE of the 1,833 business subsidies but 32 of our deductions

Subsidies and loopholes and foreign cash reserves we still pay for in the new tax code were NOT repealed. 1,833 large companies have received federal grants and/or tax credits worth $17.8 Trillion. Are these the same firms that pay for our 534 Congress’s elections and kids’ college educations? 268 are already millionaires. Why is the GOP giving 5,500 wealthy people’s heirs a huge tax break? Are these 5,500 the big GOP donors? Yes, like Trump’s kids, they are already wealthy and don’t need the money. Trump saves his own estate $564 million in tax—enough to cover his FL and NJ golf trips for 4 years we now pay for. We need the money worse than they do. Each missile Trump fired on Syria’s airport to scare them costs us $1 million. The extra cost of just 3 new destroyers is $450 million. Total is $12 Billion and counting since they are still trying to make them work. Instead of giving our money to firms and people that are already making money, we could pay down the debt, which used to worry GOP.

Use your legal tax shelter: https://www.amazon.com/Your-Tax-FREE-Account-IRS-approved-shelter/dp/153735292X

ONE THIRD of us will have higher taxes in 10 years to cover this ‘tax cut’

The Tax Policy Center ran the numbers. By 2027, 31% of middle-class filers would see tax hikes. Repealing the Alt. Minimum Tax created by GOP so the rich pay something means the burden will shift to those making between $48,600 and $86,100. GOP has rigged the tax ‘reform’ to trick us into giving them HUGE extra money for their tax shelters. GOP budget has big cuts in funding for Medicare and Medicaid in our future. Hidden in the budget they just passed are cuts of $4 Trillion in spending including nearly $500 billion in cuts to Medicare and $1 trillion to Medicaid. This means that in a few years, you and I will need to pay more for a relatives’ nursing home and our own health care. Plus our taxes go back up. You and I need a tax shelter like the Trump class.    

Avoid Trump tax: https://www.amazon.com/Only-little-people-pay-taxes/dp/1478222441

Best first car for reliable transport

When your teen needs a car to get around, what are the best choices? Where do they look? How much should they spend? $5000 can put them in a safe Honda Civic or Toyota Celica. $6000 can buy a truck like the Toyota Tacoma. Quality and later models cost a little more but may be worth it. We can still find a baby Lexus IS300. Chevy Equinox leads the list of SUV capacity carriers. Teens pay less using your insurance. Shop to avoid high premiums: https://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634

Wealthy have already got a way to beat the new tax law

Changes in the tax code will RAISE taxes for some middle-income families. Property tax and mortgage interest are no longer deductible, thus increasing their taxable income. However, as always the wealthy remain wealthy by avoiding taxes. They have found a “workaround for a tax-plan provision under consideration in Congress that would take away the mortgage-interest deduction.” They will turn their extra property into an investment property so that the expenses are deductible. The high property tax and interest will offset any income so they will pay no more in income taxes.

Socialism for the Rich: https://www.amazon.com/Americas-Socialism-Rich-little-people/dp/1535218584

Where is the best place for your retirement money now?

If the tax cut bill does not pass this year, the market may drop. Where should your money be now so that you weather the fall and bounce back—gold, cash? Based on the experience of the decline in 2007-8, withdrawing retirement money from the market gave you a permanent loss. If you went to gold, you were up 47% but if you had left money in the market from 2007 to 2016 your money has doubled, earning 8.76% per annum. If you were out, you missed 27% and 32% jumps. That is the trouble with taking advice from ‘professionals’, they don’t know. Let it ride.

Let your money do the work: https://www.amazon.com/Go-Tax-FREE-Investing-Income-Forever/dp/1482633280

GOP favor insurers going back to “junk” insurance for us. Congress could negotiate lower drug and hospital costs but lobbyists won’t let them. Instead they fear losing their donors. Funny, they get to keep their full quality coverage. It’s ObamaCare.  

Avoid junk using a better plan: https://www.healthcare.gov/

Self-dealing is OK with GOP

Trump's repeal of the Alternative Minimum Tax is the best part of his ‘reform’ because it once cost the president $31 million.  It accounted for most of the $38.5 million in taxes Trump paid that year. With the estate tax repealed, Trump's estate saves $564 million based on an estimated net worth of $3 billion. No wonder Ivanka is stumping for it. Billionaires don’t pay the top bracket of 39.6%. Billionaires like Trump who DO NOT live on their dividends and capital gains taxed @15% (avoiding Income tax) can use the new Trump business ‘pass-thru’ tax of 25%. Since Nixon’s Alternative Minimum Tax is to be repealed, this will be the tax of choice for many high income executives. Nixon, an old republican, thought that the rich should NOT avoid all taxes with deductions and tax credits. Wall-Street class’s will get a WindFall and NOT pay the 39.6% rate. Most of Trump’s class used to have to pay something because of the alt minimum tax. The AMT was one of few ways Trump had to pay $31 million in taxes one year. Many corporations don’t pay tax at all but they will continue to pay for our ‘reps’ to hide subsidies and loopholes that were NOT eliminated. Only 1 subsidy was repealed—small oil and gas wells. All the rest of the thousands of corporate ‘welfare’ payments or tax credits will be paid as usual. A Spanish firm got $2 billion of the $17.8 Trillion total. And guess who has money in the 1,833 ‘welfare’ recipients? Right, Congress’s donors.

Get additional tax credits: https://www.amazon.com/Tax-Credit-Class-your-credits-ZERO/dp/1539462382

Trump and GOP are promising higher wages from corporate tax cut

“The hourly wages of high-wage workers rose 41 percent in the 34-year period between 1979 and 2013; the hourly wages of middle-wage workers grew 6 percent in that time frame, and the wages of low-wage workers fell 5 percent” according to the Economic Policy Institute. We did NOT see a bump in wages when Bush II cut taxes. Why would a company use its added cash to pay us more when we have been taking less since the 70s? They don’t use their subsidies to pay more wages, why would they use cash? Wouldn’t you keep it in a shelter or pay your own executives and investors more if you were in charge? Since the firms have money why would they invest the cuts in new operations? They haven’t and won’t. Fed revenue from corporate taxes has fallen while our taxes for Social Security and Medicare have ballooned. Our taxes are low compared to the world.

NO Don, this is NOT a middle class tax cut: https://www.amazon.com/Only-little-people-pay-taxes/dp/1478222441

What made Fidelity investment accounts successful?

Fidelity found that account holders that did NOT 'manage' their accounts or died were the most successful. Think about that! You can earn more in your investment account by NOT touching your money. When you let someone 'manage' your money they tend to waste it and then charge you a fee to boot. It Just Takes Time shows us why ‘buy and hold’ stock funds win. Warren Buffett's teacher, Benjamin Graham, once said: “Buy stocks like you buy groceries not perfume.” Don't buy the stocks that the Wall Street media or your advisor tells you to buy. Buy those that are the most profitable firms worldwide. Just buy low-cost stock market index funds and keep buying. You don’t have to pick the right stock. And you don’t have to do a thing to get rich: It Just Takes Time.

Try Buffett’s strategy: https://www.amazon.com/Just-Takes-Time-money-old-fashioned-ebook/dp/B07751F8N2

Ebook or paperback: https://www.amazon.com/Just-Takes-Time-money-old-fashioned/dp/1979380945

****************

TrumpWorld

Trump’s money launderer manager indicted on 12 counts: conspiracy against US.

Trump’s RNC is paying for the legal costs—why?  Manafort has $18 mil from USSR

Trump Jr, Jared and Flynn next for indictments?: 'If We Come to Power' deal

The Don is now blaming Jared, real estate agent, for bad advice about FBI. Under bus?

Trump campaign aide pleads guilty to lying to the FBI about Russia contacts

Trump campaign execs met with Russians 30 times and denied any contact.

I could shoot someone on 5^th avenue and not lose voters’

Trump to Fox News' Laura Ingraham: 'I'm the only one that matters'

Trump is still just a mafia contractor from Queens—Dad taught him to be The Don.

Trump cancelled health policy for addicted brother’s family after they fought dad’s will

Smoking gun: “Our boy can become president of the USA and we can engineer it,” Sater wrote in an email to lawyer Cohen. “I will get all of Putins team to buy in on this.” Manafort tells Russian mob he will keep them informed about “our boy.”

Ross, Commerce, direct link to Putin energy consortium and Russia-Cyprus bank

Jared deal with Evraz’s owner links to Russia steel pipe in KeystoneXL/Cheniere

Jared’s real estate investor Milner: front man for Putin bank funded Facebook Twitter

Putin sent 60 money wires to US marked “to finance election campaign of 2016.”

Undisclosed $26 million loan from Russian to Trump campaign manager Paul Manafort.

Mob doesn’t call the FBI when Jr doing an illegal deal with fellow mobsters. Receiving stuff from ‘foreign power’ during campaign is illegal—even for idiots and morons.

Trump campaign asked Wiki to get Hillary emails from Putin hackers: smoking gun?

Putin has full access to our 2018 elections since Trump doesn’t help states upgrade now.

Putin using Twitter now with fake followers for Trump mob—how great impact?

Trumpers colluded with Russia by pushing their propaganda as if it was own tweet.

Putin hired activists to stage demonstrations and promote divisive content. 

‘Ministry of Truth’ 1984 novel: Government propaganda is ‘truth’ when they say it!

Trump Calls on the FBI to ‘Go After’ His Enemies (for Things That Aren’t Crimes)

“No Russia connection” but Jared and Ross in with Russian mob laundering biz

Jared uses Russian money for projects and Russian cutout buys Facebook Twitter stock

ObamaCare ‘collapsing’ but 600,000 more signed up in four days 2017: Mandate works!

Russia agent met with so many Trumpers the list is so long to name them all.

Trump on tax: “The deal is so bad for rich people, I had to throw in the estate tax just to give them something.” But 80% of cuts go 1% and estate tax repeal only helps 5,500.

Wealthy do not create growth or wage hikes; money is sent to tax shelters/foreign corps.

Trump mob are all connected to Russia with money using different links.

Despite Trump and Gov Scott denials, Miami is building against global warming.

My Theory on Trump/Putin ‘love’:

Trump got Russian help/funding for business from business/mob ties to Putin. US banks not interested in more bankruptcies. No one expected him to win so no harm getting Putin help. Don owes Vlad’s mob money so they sent mob gofer Manafort to run the campaign. ‘Colluding’ Putin style. Trump always has a fall guy to blame when caught in lie. Sessions claims campaign execs all too inept and overwhelmed to collude on purpose.

TrumpWorld – using presidency to make money the old fashioned way: theft

Trump uses taxpayer lawyers to protect his personal profits from foreign countries

Tax reform saves the president $31 million.  It accounted for most of the $38.5 million in taxes Trump paid that year. With the estate tax repealed, Trump's estate saves $564 million based on an estimated net worth of $3 billion, as Bloomberg reported last year.

Trump hires only foreign workers  to save expenses despite “hire American” lecture

GOP gives Trump’s golf business special loophole for $600 million over a decade.

Dictator talk time:

“When the president does it, that means it is not illegal,” Richard Nixon

Trump ‘believes’ Putin re: manipulation of election; not believe our CIA, FBI, NSA

Trump wants the FBI Justice Dept to be his personal police and prosecutor for enemies

Trump to Fox News' Laura Ingraham: 'I'm the only one that matters'

GOP lost moral way: 50 religionists say Moore is “defender of the sanctity of marriage.”

“The reason our stock market is so successful is because of me,” Trump claims.

The Don is moving us to a dictatorship where the only people who go to jail are his enemies and non whites he does not like. Racists and nationalists get pardons. If Flynn Page and Manafort get indicted by Mueller, The Don will just give them a “get out of jail free” card so they don’t rat him out. He is also paying their lawyers to keep quiet.

Energized voices demand leader who can make America applaud white men like 1950s

Avoid the Russian/Trump propaganda—quit Fox, Facebook and Twitter now

Trump has transformed opinion into fact and fact into enemy propaganda. Scam War

“The president can’t have a conflict of interest.” The Don is above the law?

Fires FBI head because he was investigating The Don’s Russia mob ties.

1998 the House of Representatives approves two articles of impeachment against President Bill Clinton, charging him with lying under oath to a federal grand jury and obstructing justice.

2017 Nov. House of Representatives introduced articles of impeachment against President Don Trump, charging him with firing FBI Comey, violations of the Emoluments Clause, actions "undermining" the judiciary and freedom of the press.

2018 the House of Representatives approves two articles of impeachment against President Don Trump, charging him with lying under oath and obstructing justice.

Quid pro quo: "something for something."

GOP accepts child molester “not generally” into senate to pass something; anything now

50 religionists claim Moore is “defender of the sanctity of marriage” and religious liberty.

Sex with teen girls is accepted practice in AL: Moore known as Mall predator in county.

Trump puts tax-dodging attorney at IRS to give election donors a break on audits.

First job: build a safe in vault to hold Trump’s tax returns; cost $15,000

2017: Thousands died so a few wealthy rich can kill defenseless animals. Insanity?

Why should a 14 year old be shooting defenseless animals? Useful in her life? Fun?

“NO reason for civilians to own AR” automatic rifle to kill 26 people in seconds. 

Lincoln solution to TrumpWorld: http://www.latimes.com/opinion/op-ed/la-oe-blumenthal-lincoln-trump-20170713-story.html

Most Americans want Obama back now.  He did things we needed done.

We have given The Don time to act like president: Time to Impeach for obstructing FBI investigation of our enemy disrupting our election process.

https://action.needtoimpeach.com/act-og3-t2?sc=ad_gg_lba_us_impeach-.-.-.-60s-20171020

Even the Bush presidents do NOT vote Trump’s GOP. TX angry about Trump.

Regulation is necessary: We need protection. Saves $12 billion of our money!

            (No one person can afford to sue a bank: class actions banned by GOP now.)

Trump OKd Keystone pipeline and it already leaked into the water supply.

Trump gets to turn our Top consumer protection into scam enablers.

Navnoor Kang caught taking bribes to steer NY pension money to gifting brokers.

Christie did the same but never got caught since he was just ‘paying back’ his donors.

Tax dodgers need never worry: Trump gives IRS to Tax-Dodging Expert

Importing trophies from elephant hunts in Africa are now OK; killings continue.

AL won’t investigate pedophile Moore since he is their Senator of choice

Hank Mark Werner, NY caught plundering elderly and blind with annuity and trading.

Your air bag recalled: another round of bad bags from TaKata

Jay Costa Kelter, GA, caught stealing from clients by misrepresenting investments

Trump has suspended our right to bring class action lawsuits against our advisors/banks.

Tillerson Exxon calls Trump a ‘f__king moron” ‘MORON’ and LIAR:

Trump says he believes Putin did NOT help him win 2016: Proving ‘moron’ again!

Fox Smith gives facts on Clinton Uranium and gets hate mail: Trump repeats lies.

How Govt wastes our money:

Trump puts tax-dodging attorney at IRS to let friends and family avoid taxes

GOP gives rich tax break but ends subsidy so we can’t get health care: HealthCare.gov

We paid $15 million to settle 260 cases of sexual harassment by Congress in 20 years.

SCAMS:

“God only knows what it's doing to our children's brains,” Sean Parker, Facebook prez.

PYRAMID SCHEME LAWSUIT AGAINST JEUNESSE SEEKS $1 BILLION

Jobs:

$20 hr call center agent: answer calls to AAA, Home Depot from home

Who owns your account now?

No penalty CD paying 1.55% at online only bank https://bankoncit.com/no-penalty-cd-17

Miracle:

Women intimidated years ago have courage to come out now and take abuse all over again from their community, state.

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts

Estate tax problem?

Will you have an estate tax problem?
The federal estate tax exemption is $5.34 million per person. Roughly 0.2% of the 2.4 million decedents in 2014 will have a federal taxable estate, while 99.8% will not have a taxable estate. See if you face a state estate/inheritance tax here. Most states have none: http://www.nolo.com/legal-encyclopedia/state-estate-taxes.html. Congratulations if you have an estate over $10.68 million. Use an attorney to retitle assets to exempt them and plan how to give away the excess now. Use this outline: http://www.amazon.com/Your-Retirement-Spending-Plan-enough/dp/1461084016

Will you have enough for retirement?

The share of Americans 65 and older with mortgage debt rose to 30 percent in 2011 from 22 percent in 2001. The increase in mortgage debt may influence labor-force dynamics as some older Americans find they’re unable to completely retire, needing extra cash to keep up monthly payments. Loan balances doubled to $79,000. It also diminishes home equity and wealth, making these households more susceptible to swings in the economy and curbing spending on things such as vacations and visits to grandchildren. Pay ZERO tax in retirement:

http://www.amazon.com/Tax-FREE-Retirement-code-lifetime-income/dp/1475206976

GOP crazies

Trump goes bankrupt again—he’s really good at it—he can run in 2016

Trump, the 68-year-old real-estate ‘tycoon’ and reality-TV ‘star,’ began investing in Atlantic City in the early 1980s. His three casinos went through bankruptcy in the early 1990s, after opening the $1 billion Taj Mahal in a recession. This will be the third time the entire company was put into bankruptcy -- it sought court protection in 2004 and again in 2009, when Trump gave up the chairmanship for TV “reality” life.

Donald, sorry. You’re fired!

Are all the vehicle discounts right for you?
Each insurer offers up to 20 discounts for your coverage but you must ask. Most agents don’t go through the list because discounts reduce their pay. Make sure you are not paying for some coverage TWICE. You may never collect on some coverage so drop it. Shop every two years and save with the right policy: http://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634

Is the Vanguard Windsor fund right for you?

Since 1958, this managed fund has provided an average return of 11.63%. It owns large companies that are temporarily depressed for non-crucial reasons. It costs more than the Vanguard 500 index (.37% vs .05%) but provides value-weighted market exposure for the long term. It is one of the Vanguard Top 10:  http://www.amazon.com/Vanguards-Top-Ten-mutual-funds/dp/150073909X

Manufacturing returning to American South for low wages, low costs, no tax?

Large manufacturers are demanding low wages, free land, free roads, free training, free taxes, free regulations to go south. America is split—wealthy enclaves and a Third World economy. Some states are “among the least expensive production sites in the industrialized world.” Wages are non-union $14 not $20. Extended families with more than one worker making $30,000 can make it but with no health care, retirement or college savings. Towns in the South must provide remedial training—reading and math are needed to make things these days. Two Americas—the poor and the rich?

Is a 401k loan right for you?

People turn to this easy to tap pot-o’-gold like they won the lottery. Unfortunately, this is giving up more than you realize. Each $10,000 borrowed robs you $100,000 later. This is a good chunk of your retirement money and you can never get it back. Time can’t be recreated. Time is what makes a retirement fund work. Each $3,000 401k annual contribution/FREE money from employer is worth $30,000 later because of compound interest takes time to add the extra $27,000 earnings. So if you have an emergency need for cash, consider that you may be sentencing yourself to your job for another 15 years. Check loans from your employer, bank, home, relatives, church, credit union and the folks you owe. Your 401k is your greatest asset: http://www.amazon.com/Tune-your-401k-EARN-Tax-FREE/dp/1490591028

Hospitals consider paying patient premiums

The South Florida Hospital and Healthcare Association is trying to raise $5 million to donate to a foundation, which would pay the premiums for one year for 7,000 to 10,000 people who bought insurance under the Affordable Care Act. Hospitals around the country are considering third-party payer programs amid concerns that a provision in President Obama's health law could leave them on the hook for unpaid bills during a 90-day grace period if consumers fall behind on payments.

Insurers fight back.

Patients left without coverage in hospital and end up filing bankruptcy. Only IRA money protected.

SCAMS           Why are we still paying $700 Billion a year for WWII deployments?

We are paying for 164,253 of our active-duty armed personnel to be in 150 countries around the world. We have about 50,000 in Japan and 50,000 in Germany.

Are we preparing for WWII again? There are 1,208,083^[1] armed personnel in the United States. Our taxes pay for about HALF of the WORLD’s military expenditures every year. We have wasted $398.6 billion so far on the F-35 program—they can’t fly safely.

We just can’t afford to pay for everyone else’s defenses anymore.

Japan, Germany and S. Korea can pay for their own defenses.

Big oil undermines democratic process in CA vote

Oil companies are quietly working to make it look like working Californians are spontaneously rising up in protest against the climate standards. In recent months, groups have popped up that appear to be grass-roots organizations started by ordinary people opposed to the rules. In fact, they’re paid for by the oil industry. Fake groups scare public with higher gas price forecasts. Big oil aims to stop pollution regulations. Oil still gets our tax dollars in subsidy.

Who to sue if a robo-driverless car hits you?

Even if you don’t have to drive in your robo-car, can you sit in the same seat for hours waiting to correct a mistake?

“IRS” calls me warning a warrant for my arrest will be issued if I don’t call

IRS says they don’t call and no, I don’t owe anything.

It is just a scam, they say. They even have my Social. How’s that?

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

Alerts 

Tax evaders' loophole

Tax evaders who renounce US don’t get help

Should we defend their foreign property and CEOs if attacked? Medtronic Is Biggest Yet to Renounce U.S. Tax Citizenship. Medtronic takes a legal address in tax-friendly Ireland as part of a $42.9 billion takeover of Covidien Plc (Tyco). Although Covidien is run from Mansfield, Massachusetts, it’s been incorporated in Ireland since 2009.

Minneapolis-based Medtronic joins some 44 American companies that have reincorporated abroad or struck plans to do so, including 14 in a recent wave of moves that began in 2012. Earlier this year, Pfizer Inc., the largest U.S. drugmaker, briefly proposed taking a U.K. address, a move that might have cut its tax bills by as much as $1 billion a year.

Will Ireland pay for US marines if needed at Medtronic’s non US factory?

Avoid paying their tax bill: http://www.amazon.com/Tax-FREE-Wealth-How-laws-free/dp/1475089236/

Clintons evade taxes yet talk the opposite—wealthy hypocrisy

Bill and Hillary Clinton have long supported an estate tax to prevent the U.S. from being dominated by inherited wealth. That doesn’t mean they want to pay it. To reduce the tax pinch, the Clintons are using financial planning strategies befitting the top 1 percent of U.S. households in wealth. These moves, common among multimillionaires, will help shield some of their estate from tax at 40 percent of assets upon death.

No one seems to pay their fair share, so save tax-FREE: http://www.amazon.com/Only-little-people-pay-taxes/dp/1478222441/

Will you have enough retirement income?

Use this calculator to illustrate if you will have enough retirement income by earning 8-10% on your contributions. How many years will it take to have enough to live on?

This calculator shows you how much retirement income your accumulation will provide after years of growth. It estimates your future buying power compared to your current one. It assumes you pay no taxes each year and your fees are low. It assumes your current income will rise with 3% inflation and then converts your nest egg into income stated in today's dollars. Your 30-year nest egg should last for 30 years or more:  https://www.createspace.com/4851942

Brokers/advisors steal employees’ nest eggs

A three-month investigation found that former employees at major companies have complained that brokers lured them into rolling over their 401(k) nest eggs into unsuitable IRA investments. Some lost $ thousands while salesperson got rich and won trips. Regulators have delayed requirement that product sale must be “best” for client not salesperson. Use the Buffett strategy: http://www.amazon.com/Warren-Buffetts-Vanguard-Funds-Retirement/dp/1496148592

1% grew 15% in 2013—how about you?

Individuals with investible assets of more than $1 million grew by 15% in 2013, while combined wealth grew by almost 14% to reach a record high of $56.6 trillion, according Capgemini and RBC Wealth Management. North America’s high-net-worth population expanded by 16% to 4.33 million in 2013, while Asia’s grew by 17% to reach 4.32 million. In Asia, people in the high-net-worth category saw their wealth increase by 18% to $14.2 trillion last year, while the same category in North America saw an increase in wealth of 17% to $14.9 trillion. Asia due to lead in 2014.  Make your own Tax-FREE fund: http://www.amazon.com/The-New-American-Retirement-System/dp/1461030072

Companies that evade taxes--Will you pay their share?

Verizon, Pepco, PG&E, NiSource, Wisconsin Energy, GE, Tenet Health, American Electric, Priceline

http://www.amazon.com/Tax-FREE-Wealth-How-laws-free/dp/1475089236

Supremes revoke parent legacy to heirs

On June 12, 2014, a unanimous Supreme Court ruling claimed that “inherited Individual Retirement Accounts” are not shielded from creditors in bankruptcy proceedings. The ruling comes from a Wisconsin case where a couple declared bankruptcy yet wanted to prevent creditors from going after a $300,000 IRA that was inherited from a passing parent. Previously, bankruptcy law typically protected retirement assets from the reach of creditors. Your spouse inheritance of IRA is still protected. You just can’t leave IRA to the kids for future. Right trust may work. Better to give your IRA in small amounts and let them put it in their own Tax-FREE fund: http://www.amazon.com/The-New-American-Retirement-System/dp/1461030072

Tax evaders get great deal

The IRS has rolled out important changes to its offshore account amnesty programs. More than 45,000 taxpayers have fixed their tax problems via the IRS programs, paying about $6.5 billion in taxes, interest and penalties. As FATCA and global bank transparency kick in July 1, 2014, the IRS can expect even more mea culpas. But one group unhappy with the rules so far has been expats. Americans abroad have long complained that they have foreign accounts for legitimate reasons and shouldn’t be penalized for technical reporting failures.

Pay your fair share: Zero retirement income taxes: http://www.amazon.com/Your-Retirement-Portfolio-Tax-FREE-Income/dp/1483994090

Is income inequality getting worse?

The two U.S. counties with the worst income inequality couldn't be more different. No. 1 is Manhattan. The second is a rural Native American reservation in North Dakota.

Polls show inequality to be a growing public concern. A Pew Research Center survey this year found 65 percent of all Americans believed inequality was growing, and Gallup found similar results. Partisan differences abound: 90 percent of Democrats in the Pew poll thought there was "a lot" or "some" actions government could take about inequality. Half of Republicans said there was "not much" or "nothing" government could do.

We have only one way to beat inequality according to Warren Buffett. $100 a month can become $250,000: http://www.amazon.com/Warren-Buffetts-Investment-Strategy-Forget/dp/1484822900

GOP crazies

House passes tax breaks for the rich that costs over $600 Billion without including offsets so the projected deficit for 2014 -- $492 billion -- would be doubled. "It's really so interesting to see: We must have unemployment insurance extension paid for, but hundreds of billions of dollars in tax breaks not paid for," House dems said. The cost of making tax gifts permanent is proving to be prohibitive—almost $1 trillion over the next decade. But many of the breaks are so popular or important that lawmakers are reluctant to eliminate them.

Where is fiscal responsibility? In campaign coffers by now!

Is the “new” uncapped index annuity right for you?

Uncapped indexes, as the name suggests, don't use index caps to limit returns. But that doesn't mean that clients are now able to grab equity-like returns from this fixed income product. Rather, carriers use another lever to limit the returns in the form of a spread.

So insurers have changed the name to trick us into buying equity-indexed annuities but we know they are not going to lose money. “With uncapped strategies, if the market is up by 30%, by the time you work through the formula and subtract the spread, the client will get about 8% or 9%,” he said. Clients need to understand that “uncapped” doesn't mean that they'll get equity-like returns, but rather they may beat the capped strategy by 1% to 1.5%, as one analyst confessed. Best annuity: http://www.amazon.com/The-Best-Annuity-Strategy-Income/dp/1497532019/

ObamaCare to double insureds in 2015

The number of Americans who buy ObamaCare health insurance in the next Open Enrollment period will far surpass the eight million who enrolled in plans earlier this year, according to an analysis by HealthCare.com. "We expect between 12-16 million people will purchase plans during the next Open Enrollment period which starts on November 15, 2014 and ends on February 15, 2015," said Jeff Smedsrud, CEO of HealthCare.com. "This surge in activity will demand that both private companies and federal and state marketplaces become more efficient in serving new buyers of ObamaCare." Smedsrud notes, however, that some of those who previously enrolled have already discontinued their plans, a typical occurrence in the individual health market.

"About 20% of individuals do not pay their initial premium and historically between 3-4 percent of those with plans drop coverage each month as they migrate to new jobs, have a change in their income or family status, or determine they no longer need it, etc. Despite reforms to the individual market, this normal churn is continuing," Smedsrud said.

Buy ONLY what you need and save: http://www.amazon.com/Health-Insurance-ONLY-right-policy/dp/1480125083

Look for higher premiums for your CUV?

“Compact CUVs had the highest number of thefts by class, but the high dollar value premium SUV class was the most unrecovered,” NICB said. With 15,785, CUVs had more thefts than SUVs, with 5,926. CUV thefts rose 31 percent from the prior report, while SUV thefts decreased by 25 percent, NICB said. Compact CUVs were the most popular with thieves with 6,981 being reported stolen. Out of the SUV classes, Large SUVs had the most thefts with 2,902, NICB said. The top five sport utility vehicles and crossover utility vehicles reported stolen between Jan. 1, 2010 and Dec. 31, 2013 are the Ford Escape, Ford Edge, Ford Explorer, Jeep Grand Cherokee and the Kia Sorento.

All have alarms too. Use all your discounts: http://www.amazon.com/Vehicle-Insurance-Beware-Double-Coverage/dp/1480027634

Merrill gauged seniors and got caught … this time

Bank of America Merrill Lynch slapped with an $8 million fine and ordered to pay $89 million in restitution for failing to waive mutual fund sales charges for certain charities and retirement accounts. Most of the mutual funds waive certain fees for eligible retirement plans and charities. But the firm failed to make sure its advisers were properly applying those waivers to as many as 28,800 accounts.

Don’t leave it to regulators to stop broker theft: http://www.amazon.com/Wealth-Without-Wall-Street-Commissions/dp/1442168137

6 popular cars to avoid when you shop--Surprises

They drove real models they purchased so you get the real skinny on benefits. The alternatives are also mentioned. You will not expect some of the reviews based on reliability, handling, ride, etc.  

https://autos.yahoo.com/news/6-popular-cars-avoid-130000172.html

Coastal homes’ premiums rise to luxury level

Property insurance policies are costlier in coastal counties because hurricanes create higher losses, insurance companies and state regulators maintain, but a grassroots homeowners' group in Alabama says the actual cost is greatly exaggerated. Insist on all your discounts: http://www.amazon.com/Homeowners-Insurance-Beware-Coverage-Policy/dp/1480100870

50 new changes in the way we do things—SURPRISE!

http://www.cnbc.com/id/101734664

SCAMS           Why are we still paying $700 Billion a year for WWII deployments?

We are paying for 164,253 of our active-duty armed personnel to be in 150 countries around the world. We have about 50,000 in Japan and 50,000 in Germany.

Are we preparing for WWII again? There are 1,208,083^[1] armed personnel in the United States. Our taxes pay for about HALF of the WORLD’s military expenditures every year.

We just can’t afford to pay for everyone else’s defenses anymore.

Are pension ‘loans’ right for you?
AARP reports on retirees signing over their pension payments for years in return for a ‘lump sum advance.’ Some pay $100,000 over time for $40,000 today. That is over 100% interest. This is a desperate act. So called ‘settlement’ firms target vets and other public service workers with solid DB pensions. Some transactions are illegal and some may void Medicaid benefits. Banks turn people down so the scam predators come out. Some states are trying to help. Banks get free money from taxpayers but don’t make loans to needy.

Pennsylvania has Low Marks for Serving Older, Disabled Residents

AARP Pennsylvania today warned that a new study ranking Pennsylvania 42^nd nationally in meeting the long-term care needs of older residents calls for across the board improvements, with particular emphasis on enhancing caregiving affordability and access. The ranking comes from a new comprehensive state-by-state Scorecard from AARP with support of the nation's leading organizations behind quality long-term care, The Commonwealth Fund andSCAN Foundation.

Raising Expectations 2014: A State Scorecard on Long-Term Services and Supports for Older Adults, People with Physical Disabilities, and Family Caregivers – an update of the inaugural 2011 Scorecard – ranks each state overall and within 26 performance indicators along five key dimensions: affordability and access; choice of setting and provider; quality of life and quality of care; support for family caregivers; and, effective transitions.  New indicators this year include length of stay in nursing homes and use of anti-psychotic drugs by nursing homes, raising serious concerns about the quality of institutional care.

Recall your Caddy too

GM put bad switch in other models not just the cheap ones. Saving $.90 will cost them $700 million. Suit seeks $10 billion from GM because diminished value of all GMs. Would you buy a used GM now? What else are they hiding?

Bad advisors

Dee Allen Randall was charged with 22 counts of second-degree felony securities fraud Randall allegedly engaged in investment fraud using several financial organizations which at the time he owned or managed, including the Horizon Financial & Insurance Group, Horizon Auto Funding, Horizon Financial Center and Horizon Mortgage & Investment, among others. Randall told them their investment was backed by real estate or car titles. For some investors, Randall stated or led them to believe that they would be placed on the car titles or deed of trust."

Texas ranks among most dangerous states in America—bring your guns!

Texas is among the most dangerous states in America, falling in the bottom five on the 2014 list of Safest States To Live In. For the personal finance website, the term "safety" does not refer exclusively to protection from violence and crime; it encompasses various categories, including workplace and traffic safety, natural disasters, home and community stability, and financial security. To determine its rankings, Wallet Hub looked at 26 key metrics for all 50 states and the District of Columbia. 

IAN

41 Watchung Plaza, B242

Montclair, NJ 07042

973.746.2014

www.InsuranceAdvisorsNetwork.com

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